Now that we know the ANC has won the elections and Jacob Zuma will be the next president of South Africa, everyone is waiting to see if current minister of finance, Trevor Manuel will remain as the minister of finance in the Zuma lead government. It would be really unwise for Zuma to get rid of Manuel who many people, including the important foreign investors, have faith in. There was a time, not too long ago, when some had thought that Manuel was going to step up after Thabo Mbeki was recalled, and that sent the markets into a frenzy as they feared that a departure by Manuel could cause chaos in the South Africa economy.

On Monday (27 April 2007), a senior official in the ANC said Trevor Manuel will continue to have a cabinet-level role in government thus quashing away the specualation that Manuel may be given another role which is not that of a minister. ANC treasurer-general Mathews Phosa, a former lawyer and ally of new South African President Jacob Zuma, said the final decision on Manuel’s future would be made in the next two weeks. I guess we just have to wait until then to find out exactly what is going to happen to Trevor Manuel.

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