Tag: Nhlanhla Nene
“It must be like trying to fix a plane when you are flying it” why former finance minister Nene doesn’t envy those in power...
Former South African finance minister Nhlanhla Nene says government needs more teeth to sort out misconduct and corruption in its ranks. Nene fell on his sword as...
Ravi Bhatia, Director of Sovereign & International Public Finance Rating, S&P Global Ratings spoke to CNBC Africa about Tito Mboweni's appointment as finance minister.
The rand is steady after a strong rally yesterday, triggered the appointment of Tito Mboweni as South Africa's new finance Minister. Mboweni, the former Governor of South Africa's Reserve Bank replaced Nhlanhla Nene, who resigned after misleading the public about his relations with the scandal hit Gupta family. This is what the current SARB Governor, Lesetja Kganyago, had to say on Mboweni.
South Africa President Cyril Ramaphosa has accepted the resignation of Nhlanhla Nene as finance minister and appointed former SARB governor Tito Mboweni as the new treasury head.
South Africa President Cyril Ramaphosa has appointed former SARB governor Tito Mboweni as new Finance Minister after accepting Nhlanhla Nene's resignation.
South Africa’s finance minister to be investigated by country’s anti-graft body, what you need to know
Finance Minister Nhlanhla Nene recently apologised for not previously reporting the visits to the Gupta brothers.
Finance Minister Nhanhla Nene’s capacity to hold office has been brought into question. President Cyril Ramaphosa is facing the prospect of letting go of the minister he had appointed. There are reports that Nene offered his resignation earlier today. The ramifications of a minister change two weeks before the Mid-term budget speech is concerning for foreign investors who seem to have long lost confidence in the South African markets. CNBC Africa's Busisiwe Lethole went to the streets of Sandton to get a reaction form South Africans on the rumoured resignation.