Johannesburg, Aug 6 (IANS): In a much anticipated Cabinet reshuffle, South African President Cyril Ramaphosa has made major changes to his cabinet including that of the Finance Minister's post.

In an address to the nation late Thursday night, he said the country is facing several challenges such as accelerating vaccination program, ensuring peace and stability in the wake of the recent outbreak of violence and destruction as well as rebuilding the economy, reports Xinhua news agency.

"I am therefore making changes to the national executive to improve the capacity of the government to effectively undertake these tasks," the President added.

Ramaphosa announced Enoch Godongwana as the new Finance Minister after Tito Mboweni requested the President to excuse him from his duties.

Former speaker of the National Assembly Thandi Modise has been announced as the new Defence and Military Veterans Minister, replacing Nosiviwe Mapisa-Nqakula.

Suspended Health Minister Zweli Mkhize, who was embroiled in some corruption scandal, resigned from his position and has been replaced by his former Deputy Minister Joe Phaahla.

Another notable change was to do away with the Ministry of State Security and place political responsibility for the State Security Agency in the Presidency.

"This is to ensure that the country's domestic and foreign intelligence services more effectively enable the President to exercise his responsibility to safeguard the security and integrity of the nation," Ramaphosa said.