ANC alliance partners hail Tito Mboweni’s appointment as finance minister
The ANC is happy with the appointment, as is the SABC, the DA, and even the EFF and IFP
Tito Mboweni’s appointment as finance minister has been welcomed by the ANC’s alliance partners, with union federation Cosatu saying it hopes the move will stabilise the Treasury. President Cyril Ramaphosa announced on Tuesday afternoon that he had accepted Nhlanhla Nene’s resignation following public pressure over his testimony at the state-capture inquiry, at which he admitted to meeting the Gupta family on numerous occasions, including at their private Saxonwold home. Cosatu spokesperson Sizwe Pamla said it was happy the president had acted on the matter, as the federation had been calling on him to be decisive. “What we need right now is someone like him to come in and provide the necessary leadership to make sure he has all the stakeholders on board in terms of working together to find ways of kick-starting the economy.” Pamla said Mboweni had Cosatu’s support, and that historical battles they had with him during his tenure as governor of the Reserve Bank, would be left “for no...
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