S.A. Pres. Ramaphosa Announces Sweeping Cabinet Changes

Cyril Ramaphosa has reshuffled his cabinet, replacing previous ministers with loyalists from the ANC, including key appointments like David Mabuza as deputy president. The Rand surged following these announcements. The reshuffle aims to restore confidence in South Africa's economy by appointing trusted personnel to key sectors. Ramaphosa's strategy also includes unifying the ANC by including his challenger in the cabinet. The market has reacted positively, with the Rand reaching a three-year high. However, ratings agencies remain cautious, awaiting tangible reforms.

What are the expectations regarding the South African economy following the cabinet changes?

What challenges does Cyril Ramaphosa face in unifying the ruling party?