Mboweni's appointment affecting markets positively

JOHANNESBURG - Markets have responded swiftly to the appointment of new Finance Minister Tito Mboweni.

Mboweni takes over from Nhlanhla Nene.

READ: Positive response to Mboweni's appointment

The new minister is expected to deliver the medium-term budget in two weeks.

eNCA Business reporter, Devan Murugan is at the Johannesburg Stock Exchange with more.