Mboweni: ‘Treasury in the hands of blacks’

Die Vryburger

Mboweni: ‘Treasury in the hands of blacks’
Mboweni: 'Treasury in the hands of blacks'. Photo: Die Vryburger

The Treasury has released bad news in a report indicating the racial breakdown of major directors at the department.

Figures by Tito Mboweni show that of the 55 chief directors there are only seven white men and ten white women. The other posts are filled by 25 black men and women, six coloreds and seven Indians.

This means that only 30.9% of jobs are filled by whites while only one white holds a director general’s post.

The composition is considered by experts to be one of the main reason why the country’s economic situation will deteriorate further in 2019.

With Ramaphosa’s inability to make Eskom and other state owned entities profitable, the year is set to deliver more dark times.

Photo – Minister Tito Mboweni

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