Gigaba, Mbalula to get welcoming parade

2017-04-04 06:07
Fikile Mbalula (Gallo Images)

Fikile Mbalula (Gallo Images)

Multimedia   ·   User Galleries   ·   News in Pictures Send us your pictures  ·  Send us your stories

Johannesburg - New Finance Minister Malusi Gigaba, new Police Minister Fikile Mbalula and his deputy Bongani Mkongi will have their official welcoming on Tuesday.

Acting national police commissioner Khomotso Phahlane will host a parade for them in Pretoria.

Former Finance Minister Pravin Gordhan will hand over to Gigaba on Tuesday.

This follows ratings agency Standard & Poor’s decision to downgrade South Africa’s long-term foreign currency sovereign credit rating to speculative grade or “junk” status.

President Jacob Zuma’s Cabinet reshuffle put fiscal and growth outcomes at risk, S&P said.

Gordhan told journalists on Friday that the Cabinet reshuffle would not undo work done by Treasury, business and labour to restore the confidence investors and ratings agencies had in the country’s economy.

Read more on:    standard & poor's  |  malusi gigaba  |  fikile mbalula

Join the conversation!

24.com encourages commentary submitted via MyNews24. Contributions of 200 words or more will be considered for publication.

We reserve editorial discretion to decide what will be published.
Read our comments policy for guidelines on contributions.
NEXT ON NEWS24X

Inside News24

 
Partner Content
Travel Dreams? Where would you rather be right now?

Partnered: Whether you're missing family overseas, dreaming of family adventures or romantic hideaways we all have that one place we'd rather be right now - but have you thought about the best way to get there?

/News

Book flights

Compare, Book, Fly

Traffic Alerts
There are new stories on the homepage. Click here to see them.
 
English
Afrikaans
isiZulu

Hello 

Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.


Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire 24.com network.

Settings

Location Settings

News24 allows you to edit the display of certain components based on a location. If you wish to personalise the page based on your preferences, please select a location for each component and click "Submit" in order for the changes to take affect.




Facebook Sign-In

Hi News addict,

Join the News24 Community to be involved in breaking the news.

Log in with Facebook to comment and personalise news, weather and listings.