President Cyril Ramaphosa’s decision to accept the resignation of the former Minister of Finance, Nhlanhla Nene, was the right thing to do as it is in the best interest of South Africa and now Nene’s replacement should set the standard for the action taken against other government officials who are implicated in state capture.
The President’s swift action and his appointment of Mr Tito Mboweni should boost investor confidence in South Africa. It is evident that President Ramaphosa is taking decisive action and that he will not allow the former Minister of Finance, who is surrounded by controversy, to remain in control of taxpayers’ money.
Mboweni is a good candidate for the new Minister of Finance. He served as the president of the South African Reserve Bank for ten years and he has a lot of experience in the financial field. In the past he also served in the Cabinet as Minister of Labour. The FF Plus will afford Mr Mboweni a fair chance to prove himself in this critical portfolio.
As Minister, Mboweni will have to prove that he puts the country’s interests first and that he will deal responsibly with taxpayers’ money.
Nene has set an example by deciding to resign after his ties with the Guptas came to light and President Ramaphosa certainly did the right thing to accept his resignation.
Any and all other ministers who are also involved in state capture and who have ties with the Guptas should follow suit. That is the only way for the President to truly re-establish trust and integrity in the government.
Read the original article in Afrikaans by Dr Pieter Groenewald on FF Plus
South Africa Today – South Africa News