Mboweni poised to retain post

Finance Minister Tito Mboweni is likely to hold on to his job for at least another year, as President Cyril Ramaphosa moves to re-assure investors and ratings companies that the economy is in good hands, according to two people familiar with the Cabinet selection process. The former central bank governor, who was appointed to his post seven months ago, is best positioned to ensure the country continues to deal with its debt burden and maintains market stability, said the people, who asked to remain anonymous because they aren’t authorized to comment.