South Africa's finance minister has resigned after acknowledging missteps during the scandal-tainted tenure of former president Jacob Zuma.
The resignation of Nhlanhla Nene was announced Tuesday by President Cyril Ramaphosa, who has pledged to clean up corruption and revive South Africa's struggling economy.
The new finance minister is Tito Mboweni, former head of the South African Reserve Bank.
Nene told a corruption inquiry that he had visited the home of a business family linked to alleged graft under Zuma and he later apologized.
He said the visits occurred when he was deputy finance minister and also finance minister before Zuma fired him from that post in 2015.
Ramaphosa, a former deputy president, had brought Nene back into the Cabinet after replacing Zuma in February.
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