New South African President Jacob Zuma is set to name his cabinet, following his inauguration on Saturday. Mr Zuma has pledged to tackle the tough economic crisis, widespread poverty and rising crime, but insisted he will not hand out favours to his supporters. Investors are watching to see if Finance Minister Trevor Manuel, who has been praised for his fiscal management, will be retained. The choice of health minister is also key, as the country tackles HIV/Aids. Mr Zuma was elected president by parliament after the African National Congress won the general election last month, albeit with a slightly reduced majority. 'Feel the pinch' At his inauguration on Saturday, Mr Zuma warned of hard economic times ahead. "Jobs are being lost in every economy across the world," he said. "We will not be spared the negative impact, and are beginning to feel the pinch." His choice of finance minister is being closely watched, with 13-year incumbent Trevor Manuel the investors' choice for the role. They are also waiting to see to what extent Mr Zuma will reward the left-wing allies that helped bring about his election victory. Health experts, meanwhile, want Mr Zuma to retain Barbara Hogan as health minister. She took over from Manto Tshabalala-Msimang - a highly controversial minister criticised for her handling of South Africa's HIV/Aids epidemic - in October 2008. Source: BBC