Advice to Finance Minister Tito Mboweni - Hit the Ground Running!

Comeback kid Tito Mboweni served as labour minister in late president Nelson Mandela's Cabinet and was later  appointed as Reserve Bank governor, before taking a break from the political arena. He replaces Nhlanhla Nene who left under a cloud after his meetings - with the Gupta brothers who are accused of state capture - was made known at the inquiry that has thus far heard damning testimony of corruption and maladministration. His resignation letter to President Cyril Ramaphosa was accepted. South Africa's unemployment rate is at a staggering 27%, while the price of petrol and other commodities are seeing record increases. The Rand is also doing poorly against the US Dollar, the Pound and the Euro.

Photo: GCIS

Tito Mboweni, Finance Minister taking the oath of office


See What Everyone is Watching