South Africa's new finance minister, Malusi Gigaba looks on after the swearing in of cabinet ministers following a reshuffle that replaced Pravin Gordhan as finance minister with Gigaba along with various other ministers and their deputies in Pretoria, South Africa, March 31,2017. REUTERS/Siphiwe Sibeko
PRETORIA (Reuters) - South Africa's new finance minister signalled on Saturday he would oversee a redistribution of wealth to the country's black majority, as a row over the sacking of his predecessor laid bare bitter divisions within the ruling ANC party.
Saying the country was poised at a "polarised and contentious" moment, Malusi Gigaba promised to transform the economy while keeping the public accounts balanced.
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