FULL SPEECH: Cyril Ramaphosa appoints Tito Mboweni as finance minister
The president says Nhlanhla Nene served the people and government of SA with diligence and ability
Fellow South Africans, Over the course of the last few days there has been much discussion among South Africans on matters that arose in the course of the testimony of minister Nhlanhla Nene at the commission of inquiry into state capture. As a consequence of these developments, Minister Nene submitted a letter of resignation this morning in which he requested that I relieve him of the position of the minister of finance. He has indicated that there is risk that the developments around his testimony will detract from the important task of serving the people of SA, particularly as we work to re-establish public trust in government. After due consideration of the evidence presented by Minister Nene at the commission, and in the interests of good governance, I have decided to accept his resignation. During his tenure as minister of finance, Mr Nene served the people and government of SA with diligence and ability. Under difficult circumstances and often under great pressure, he consist...
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