Ramaphosa said he had accepted a “long-standing request” by Mboweni “to be excused from his position as minister of finance”.
Mboweni is widely regarded as a trusted hand by the investment community and a voice of reason when it comes to fiscal prudence. He has resisted calls for billions of rands to be thrown to unproductive state-owned entities and to compensate 1.3 million public servants with inflation-busting salary increases.
Ramaphosa and Mantashe have been on opposite sides when it comes to reforms in the energy sector. In June, when load shedding intensified to Stage 3 and posed more threats to the battered economy, Ramaphosa twisted Mantashe’s arm to lift the
TITO 'S A WALK IN THE PARK I PREDICT
THIS IS TROUBLE
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Cabinet reshuffle: Godongwana to replace Mboweni as finance minister | CitypressPresident Cyril Ramaphosa last night reshuffled his Cabinet, replacing current Finance Minister Tito Mboweni with Enoch Godongwana, a former deputy minister of public enterprises. This is likely to not end well. Bad news for the fight against corruption, at least lucky star's shenanigans were not yet in the public domain unlike this one. Yahamba imali 🙆♀️
Source: City_Press - 🏆 7. / 72 Read more »
Tito Mboweni is no longer finance minister as Ramaphosa lets him leaveTito Mboweni is no longer SA's finance minister, and will be replaced by Enoch Godongwana. Good riddance Asbonge💃💃💃 now he can focus on his rotten tomatoes and cucumbers 😏 How is the Rand doing
Source: TimesLIVE - 🏆 28. / 59 Read more »
Cabinet reshuffle: Rumours rife that Godongwana will replace MboweniHe is one of the longest serving members of the ANC NEC and was believed to be influential in driving the economic direction of the Ramaphosa-led ANC. Rubbish Mboweni is useless It has taken so long. I often wondered whether the president was aware of the people in his cabinet. Most of them seem so useless.
Source: TheCitizen_News - 🏆 6. / 75 Read more »
The ins and outs of Ramaphosa's Cabinet reshufflePresident Cyril Ramaphosa on Thursday announced a Cabinet reshuffle, which included two resignations from Zweli Mkhize as Health Minister and Tito Mboweni as Finance Minister. Sometimes, life pushes you to do what you never wanted to do. I never wanted to venture into trading bitcoin but I had no choice with the tough situation in life than doing it with Albert_Kason and it was awesome and unbelievable with the massive cash out.🚀🚀💰💰
Source: ewnupdates - 🏆 30. / 53 Read more »
SUMMARY: Ramaphosa names new ministers in Cabinet reshufflePresident Cyril Ramaphosa announced new ministerial positions and a restructured national executive on Thursday. Lets face reality; State security cluster Ministers fails the state, How on earth do you redeploy such Ministers instead of firing them all Police Minister being untouched does that mean his ministry was failed by Intelligence and defense ministers in the past unrests So the question is how many new positions has he created for an already over inflated cabinet for the VoetsekANC in the presidency to loot and be thugs to nation ? Did somebody say new What a load of bs
Source: eNCA - 🏆 49. / 51 Read more »
Ramaphosa scraps state security, announces new finance minister and fires Mapisa-NqakulaThe much-anticipated announcement of changes to President Cyril Ramaphosa's cabinet comes amid news that Dr Zweli Mkhize resigned. So sorry to say goodbye to Tito Mboweni He didn’t reshuffle shit. 1 thief resigned, the other called it quits. The cadres that could hurt his re-election are still in position! Nobody in life gets exactly what they thought they were going to get but with your help, many had been able to achieve their dreams and I am included. Thank you so much Albert_Kason
Source: TheCitizen_News - 🏆 6. / 75 Read more »