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OPINION | Listen to Mboweni; he really wants out

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Finance Minister Tito Mboweni is unlikely to be bothered that his late-night tweets once again made it into the week’s agenda of the governing ANC’s highest decision-making body, the national executive committee (NEC)
Finance Minister Tito Mboweni is unlikely to be bothered that his late-night tweets once again made it into the week’s agenda of the governing ANC’s highest decision-making body, the national executive committee (NEC)

Finance Minister Tito Mboweni is unlikely to be bothered that his late-night tweets once again made it into the week’s agenda of the governing ANC’s highest decision-making body, the national executive committee (NEC).

Mboweni has long given signals that he wants to call it a day, but we have not been listening. He is a market favourite and President Cyril Ramaphosa needs him to maintain some economic stability, so he is not listening either.

Any thought of axing Mboweni, which Ramaphosa clearly does not have, will be met with serious pushback from the markets, just like when the former’s predecessor, Pravin Gordhan, was axed by former president Jacob Zuma.

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