South Africa - Finance Minister Tito Mboweni is the latest high profile figure to join the Jerusalema dance challenge craze which has become a global phenomenon.
South Africa’s Rand Merchant Bank, the investment banking arm of FirstRand, has been appointed as an adviser to help the government assess offers for stakes in its insolvent national airline, according to two people familiar with the situation.
South Africa's Finance Minister Tito Mboweni has social media users speculating about his employment status after he posted a cryptic message about being out of politics on Twitter.
JOHANNESBURG- South Africa’s new Finance Minister Tito Mboweni said on Thursday that struggling state-run South African Airways (SAA) should be closed down, adding that decisions over the future of the state carrier were not under his remit.
JOHANNESBURG- South Africa’s new finance minister will target spending on agriculture, infrastructure and job creation projects in his inaugural budget speech on Wednesday in a bid to haul the economy out of a recession.
Tensions between Mboweni and Cosatu are ‘nothing new’ when it comes to differing on fiscal policy, says analyst Ralph Mathekga.Remarks by Finance Minister Tito Mboweni regarding South Africa’s ballooning public wage bill were correct, but any moves towards cutting down the public service could bring the ANC-led government into a collision course with labour, political analyst Ralph Mathekga warned yesterday.
"Get ready for your first cabinet meeting tomorrow."This is how President Cyril Ramaphosa welcomed his new finance minister to the crucial position on Tuesday‚ moments after Tito Mboweni‚ a former South African Reserve Bank governor‚ took his oath of office.
"I think the president has just taken away my freedom," Tito Mboweni said. President Cyril Ramaphosa on Tuesday appointed Mboweni, a former Reserve Bank governor and labour minister, as finance minister, replacing Nhlanhla Nene who admitted to having meetings with the Gupta family, who are at the centre of alleged corruption.
