417:, CEO of Bridgement Daniel Goldberg during his Sage tour to Cape Town, Johannesburg, and Durban hailed the plan, saying "it will improve the rate at which big state owned enterprises pays its suppliers consequently increasing efficiency in the economy. Phumlani Majozi in his opinion piece on Finance 24 argued that "Mboweni's ideas on how to revamp this economy, presented in his recent paper, titled "Economic Transformation, Inclusive Growth and Competitiveness: Towards an Economic Strategy for South Africa", are what will get this country back on track."
409:
ideology. The ruling ANC has always inclined itself towards socialist policies, a stance which has been viewed as a form of appeasing its alliance partners, the South
African Communist Party and COSATU. On the other hand, Mboweni has continuously proffered liberal solutions such as his 2019 economic recovery growth plan which has been rejected by SACP and COSATU.
412:
His economic growth plan was widely criticised in the Public Sector. In an opinion piece, Telkom Group CEO Sipho Maseko slammed
Mboweni's proposed reforms for the ICT sector, particularly plans related to the rollout of spectrum, as being "ill-thought-out". However the response was different in the
327:
Prior to his appointment as
Minister of Labour, Mboweni was Deputy Head of the Department of Economic Policy in the ANC. He also represented the ANC on several domestic and international platforms. Mboweni was a member of the ANC's National Executive and National Working Committees and was also
408:
On 9 October 2018, Mboweni was announced by
President Cyril Ramaphosa as the new Minister of Finance of the Republic of South Africa with immediate effect following Nhlanhla Nene's resignation. From the beginning of his tenure Mboweni often found himself at odds with the ruling ANC policy and
33:
451:
On 31 January 2022, Mboweni resigned as an ANC Member of the
National Assembly to take up a position in the private sector. He has been appointed chairman and independent non-executive director of Accelerate, a property fund company.
509:. In a statement, the presidency explained that “in one of his tweets, Minister Mboweni is promising to mobilise if not given reasons why the Central (bank) Governor has been fired,” citing the need for central bank independence.
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338:'s cabinet. While Minister of Labour Mboweni was the architect of South Africa's post-Apartheid labour legislation, which allowed for collective bargaining and the establishment of labour courts. He became one of the
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as
Governor of the Reserve Bank. As governor, he oversaw the launch of the inflation targeting policy to help the bank achieve price stability and dealt with the rand's plunge due to global and local events.
521:
in which Tito
Mboweni's name is included 75 times in the 4 minute song, with his name invoked to refer to the creation and ownership of money as his signature is included on the Rand note.
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311:(ANC), South Africa's current governing party, and was an activist for the party in many capacities. He obtained a Bachelor of Arts (Hons) in economics and political science from the
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between 1979 and 1980, where he registered for a
Bachelor of Commerce degree. He did not complete his studies there and left South Africa to go into exile in 1980.
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Chairperson of the
National Executive Committee's Economic Transformation Committee, which coordinated the development of ANC economic policies.
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In 1997 Mboweni was appointed head of the ANC's Policy
Department which was responsible for managing ANC policy processes. Upon joining the
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and the first Black South African to hold the post. He was sworn in as Minister of Finance on 9 October 2018, following
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Mboweni is a founding member of Mboweni Brothers Investment Holdings and a former international advisor of
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appointed the Governor Professor Extraordinary in Economics for the period 1 April 2002 to 31 March 2005.
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In August 2020, President Cyril Ramaphosa “strongly reprimanded” Mboweni over comments he made on
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856:"'The situation has radically changed': Mboweni's grim warning ahead of supplementary budget"
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255:(born 16 March 1959) is a South African politician who served as Minister of Finance of
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On 5 August 2021, Mboweni resigned as finance minister. He was succeeded in the post by
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The youngest of three children, Tito Mboweni was born on 16 March 1959. He grew up in
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930:"Tito Mboweni retires from public office, joins property company Accelerate as chair"
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837:"OPINION: Mboweni is the only rational minister in Ramaphosa's lousy government"
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During his tenure, Mboweni was appointed honorary Professor of Economics at the
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in 1985. In 1988 he obtained a Master of Arts in Development Economics from the
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2015 – Honorary professor, School of Economic and Business Sciences at the
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South Africa's Ramaphosa reprimands finance minister over tweets on Zambia
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in July 1998 as Advisor to the Governor. On 8 August 1999 he succeeded
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716:"NEWS JUST IN: Nhanhla Nene resigns from his post as Finance Minister"
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887:"Enoch Godongwana is SA's new minister of finance as Mboweni resigns"
349:, he resigned all of his elected and appointed positions in the ANC.
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1041:"Here's Everything That's Wrong With The 'Tito Mboweni' Music Video"
331:
Mboweni served as Minister of Labour from May 1994 to July 1998 in
672:
Ex-central banker Mboweni takes on South Africa's hobbling economy
368:
for 2000 to 2003. The Governor was also elected Chancellor of the
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In June 2010, Mboweni was appointed an International Adviser of
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1119:
792:"'Chaotic, incoherent': Telkom CEO slams Mboweni's growth plan"
565:"Business lauds Tito Mboweni as a 'credible' finance minister"
467:
Joint World Bank-IMF Development Committee, Member (2018–2021)
517:
In 2017 he was the subject of a song by South African rapper
37:
Mboweni speaking at the World Economic Forum on Africa, 2011
464:, Ex-Officio Member of the Board of Governors (2018–2021)
372:
and was installed as Chancellor on 23 February 2002. The
810:"The State of Fintech and SMEs in South Africa – 2019"
505:
about the dismissal of Zambia’s central bank governor
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1705:(Constitutional Development and Provincial Affairs)
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905:"Former minister Tito Mboweni resigns as MP | eNCA"
739:"Tito Mboweni under fire over economic growth plan"
590:"Meet Tito Mboweni, the new Finance Minister of SA"
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396:. He also served as chairman of bullion producer
2782:Members of the National Assembly of South Africa
542:"Executive Profile – Tito Titus Mboweni BA, MA"
473:, Member of the Board of Governors (since 2015)
609:
607:
428:160.2 billion over three years and to adopt a
307:While in exile in Lesotho, Mboweni joined the
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8:
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971:Joint World Bank-IMF Development Committee.
670:Olivia Kumwenda-Mtambo (October 10, 2018),
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1020:Olivia Kumwenda-Mtambo (August 24, 2020),
737:Mkhwananzi, Siyabonga (1 September 2019).
31:
20:
300:in the Limpopo Province. He attended the
489:2001 – Honorary Doctorate of Economics,
424:policy, to cut the state's wage bill of
123:8 August 1999 – 8 November 2009
2737:Alumni of the University of East Anglia
530:
269:Mboweni was the eighth Governor of the
60:9 October 2018 – 5 August 2021
997:"Tito Mboweni to join Wits University"
981:Board of Governors: Tito Titus Mboweni
771:
770:
759:
536:
534:
2787:21st-century South African economists
2777:20th-century South African economists
2767:National University of Lesotho alumni
2732:African National Congress politicians
420:In June 2020, Mboweni proposed a new
400:, among other company directorships.
7:
2757:Government ministers of South Africa
854:Magubane, Khulekani (18 June 2020).
790:Omarjee, Lameez (2 September 2019).
342:Global Leaders of Tomorrow in 1995.
1797:(Public Service and Administration)
1733:(Environmental Affairs and Tourism)
1715:(1998–1999) (Correctional Services)
835:Majozi, Phumlani (4 October 2019).
690:"Tito Mboweni joins Goldman Sachs"
645:"Tito Mboweni | Who's Who SA"
14:
2747:Finance ministers of South Africa
2139:Second Cabinet of Cyril Ramaphosa
1147:Finance ministers of South Africa
866:from the original on 19 June 2020
1880:First Cabinet of Cyril Ramaphosa
1634:Second Cabinet of Nelson Mandela
563:Menon, Sunita (9 October 2018).
485:University of the Witwatersrand
2701:Ashanti Goldfields Corporation
1693:(1997–1999) (Arts and Culture)
1683:(Agriculture and Land Affairs)
885:Staff Writer (5 August 2021).
404:Minister of Finance, 2018–2021
313:National University of Lesotho
237:National University of Lesotho
1:
1261:Post-Apartheid (1994-present)
1833:(Water Affairs and Forestry)
380:Career in the private sector
370:University of the North-West
386:Goldman Sachs International
282:Goldman Sachs International
2803:
2622:Cripple Creek & Victor
1076:site, retrieved 2008-08-20
447:Joining the private sector
374:University of Stellenbosch
366:University of South Africa
354:South African Reserve Bank
347:South African Reserve Bank
271:South African Reserve Bank
111:South African Reserve Bank
1837:Geraldine Fraser-Moleketi
1442:Geraldine Fraser-Moleketi
1210:Apartheid-era (1948-1994)
1154:pre-Apartheid (1910-1948)
1104:
1095:
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1074:African National Congress
317:University of East Anglia
309:African National Congress
246:
241:University of East Anglia
179:
158:
116:
53:
42:
30:
2253:Mmamoloko Kubayi-Ngubane
1972:Mmamoloko Kubayi-Ngubane
430:Zero-based budget system
16:South African politician
2308:Stella Ndabeni-Abrahams
2268:Nosiviwe Mapisa-Nqakula
2032:Stella Ndabeni-Abrahams
1982:Nosiviwe Mapisa-Nqakula
984:Asia School of Business
471:Asia School of Business
333:South African President
302:University of the North
2313:Maite Nkoana-Mashabane
2218:Nkosazana Dlamini-Zuma
2047:Maite Nkoana-Mashabane
1947:Nkosazana Dlamini-Zuma
1815:(Sport and Recreation)
1070:Tito Mboweni biography
546:Bloomberg Businessweek
1809:(Safety and Security)
1785:(Minerals and Energy)
1777:Membathisi Mdladlana
1517:Sankie Mthembi-Nkondo
1360:First Mandela Cabinet
718:. IOL. 9 October 2018
592:. IOL. 9 October 2018
434:sovereign debt crisis
340:World Economic Forums
292:Early life and career
259:in the government of
2752:Goldman Sachs people
2489:Ferdinand Ohene-Kena
2353:Kgosientso Ramokgopa
2323:Khumbudzo Ntshavheni
1821:(Trade and Industry)
1791:(Public Enterprises)
1779:(1998–1999) (Labour)
1761:Sankie Mtembi-Nkondo
1755:Mangosuthu Buthelezi
1703:Mohammed Valli Moosa
1689:(1996–1997, 1999) /
1512:Mohammed Valli Moosa
1497:Membathisi Mdladlana
1427:Mangosuthu Buthelezi
432:in order to avoid a
2772:People from Tzaneen
1977:Dipuo Letsatsi-Duba
1098:Minister of Finance
694:Mail & Guardian
491:University of Natal
352:Mboweni joined the
288:Development Bank).
266:from 2018 to 2021.
48:Minister of Finance
2507:S. Venkatakrishnan
2358:Maropene Ramokgopa
2203:Sindisiwe Chikunga
1083:Political offices
954:Board of Governors
816:. 4 September 2019
552:on 4 October 2013.
513:In popular culture
394:Sub-Saharan Africa
253:Tito Titus Mboweni
193:Tito Titus Mboweni
153:Minister of Labour
2742:AngloGold Ashanti
2709:
2708:
2679:
2678:
2515:
2514:
2415:AngloGold Ashanti
2381:
2380:
2208:Patricia de Lille
2105:
2104:
2007:Nomvula Mokonyane
1997:Nomaindia Mfeketo
1942:Bathabile Dlamini
1846:
1845:
1745:(Foreign Affairs)
1600:
1599:
1547:Kraai van Niekerk
1432:Dawie de Villiers
1384:Deputy Presidents
1326:
1325:
1114:
1113:
1105:Succeeded by
769:External link in
625:on 4 October 2013
398:AngloGold Ashanti
250:
249:
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2684:Related articles
2666:Cerro Vanguardia
2661:Brasil Mineração
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2431:
2408:
2401:
2394:
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2318:Thembi Nkadimeng
2298:Aaron Motsoaledi
2238:Mondli Gungubele
2228:Enoch Godongwana
2163:Deputy President
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2125:
2118:
2109:
2022:Aaron Motsoaledi
1904:Deputy President
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1699:(Communications)
1658:Deputy President
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1492:Patrick McKenzie
1462:Chris Liebenberg
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1108:Enoch Godongwana
1088:Preceded by
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621:. Archived from
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548:. Archived from
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456:Other activities
441:Enoch Godongwana
323:Political career
277:'s resignation.
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184:Personal details
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109:Governor of the
103:Enoch Godongwana
99:
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58:
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25:Dr. Tito Mboweni
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2154:Cyril Ramaphosa
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2101:
2092:Senzeni Zokwana
2017:Angie Motshekga
1932:Siyabonga Cwele
1915:
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1895:Cyril Ramaphosa
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1807:Sydney Mufamadi
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1047:. 30 March 2017
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696:. 26 April 2010
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647:. Whoswho.co.za
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358:Dr. Chris Stals
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203:16 March 1959
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2368:Lindiwe Zulu
2328:Thulas Nxesi
2288:Zweli Mkhize
2283:Senzo Mchunu
2278:Tito Mboweni
2277:
2213:Thoko Didiza
2170:David Mabuza
2097:Lindiwe Zulu
2052:Thulas Nxesi
2002:Zweli Mkhize
1992:Tito Mboweni
1991:
1911:David Mabuza
1773:Tito Mboweni
1772:
1731:Pallo Jordan
1709:Sipo Mzimela
1587:Abe Williams
1532:Sipo Mzimela
1487:Tito Mboweni
1486:
1452:Pallo Jordan
1312:
1096:
1049:. Retrieved
1044:
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1004:. Retrieved
1000:
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969:2019 Members
964:
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937:. Retrieved
934:BusinessLIVE
933:
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912:. Retrieved
909:www.enca.com
908:
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868:. Retrieved
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754:Google Cache
752:– via
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639:
627:. Retrieved
623:the original
619:Businessweek
594:. Retrieved
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390:South Africa
383:
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319:in England.
306:
295:
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257:South Africa
252:
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217:South Africa
160:
141:Succeeded by
118:
98:Succeeded by
55:
18:
2722:1959 births
2638:Sunrise Dam
2348:Joe Phaahla
2172:(2019–2023)
2141:(2019–2024)
2072:Jeff Radebe
2012:Edna Molewa
1831:Kader Asmal
1827:(Transport)
1825:Mac Maharaj
1801:Jeff Radebe
1767:Dullah Omar
1727:(Education)
1713:Ben Skosana
1687:Ben Ngubane
1665:Thabo Mbeki
1636:(1996–1999)
1562:Jeff Radebe
1557:Dullah Omar
1542:Ben Ngubane
1502:Roelf Meyer
1482:John Mavuso
1472:Mac Maharaj
1412:Kader Asmal
1396:Thabo Mbeki
1362:(1994–1996)
1045:HuffPost UK
1006:23 December
1001:sowetanlive
497:Controversy
478:Recognition
146:Gill Marcus
134:Chris Stals
129:Preceded by
86:Preceded by
2716:Categories
2601:Vaal River
2498:Bill Nairn
2426:Management
2243:Zizi Kodwa
2193:Bheki Cele
1937:Rob Davies
1927:Bheki Cele
1819:Alec Erwin
1743:Alfred Nzo
1719:Joe Modise
1697:Jay Naidoo
1552:Alfred Nzo
1537:Jay Naidoo
1507:Joe Modise
1457:Derek Keys
1437:Alec Erwin
1318:Godongwana
1293:Van Rooyen
1273:Liebenberg
1247:Du Plessis
1237:Diederichs
1102:2018–2021
1051:6 February
957:World Bank
939:31 January
914:31 January
860:News24.com
841:Finance 24
814:Bridgement
772:|via=
651:15 October
571:10 October
525:References
462:World Bank
232:Alma mater
199:1959-03-16
2696:AngloGold
2644:Tropicana
2546:Iduapriem
2471:Directors
2423:Corporate
2186:Ministers
2147:President
1920:Ministers
1888:President
1882:(2018–19)
1839:(Welfare)
1769:(Justice)
1763:(Housing)
1739:(Finance)
1721:(Defence)
1674:Ministers
1642:President
1577:Joe Slovo
1422:Pik Botha
1405:Ministers
1368:President
820:6 October
762:cite news
722:9 October
700:4 October
629:4 October
596:9 October
436:in 2024.
422:austerity
261:President
170:President
165:1994–1999
161:In office
119:In office
65:President
56:In office
2571:Navachab
2551:Kopanang
2435:Chairman
1751:(Health)
1201:Sturrock
864:Archived
223:Children
2631:Oceania
2596:TauTona
2591:Siguiri
2581:Sadiola
2566:Mponeng
1313:Mboweni
1298:Gordhan
1283:Gordhan
1242:Horwood
1217:Havenga
1196:Hofmeyr
1191:Havenga
1027:Reuters
676:Reuters
503:Twitter
298:Tzaneen
213:Limpopo
209:Tzaneen
2606:Yatela
2586:Savuka
2576:Obuasi
2561:Morila
2529:Africa
1303:Gigaba
1278:Manuel
1232:Dönges
1186:Burton
1176:Burton
1171:Graaff
1024:
870:27 May
796:News24
748:27 May
75:Deputy
2536:Geita
2521:Mines
1227:Naudé
1166:Smuts
1072:, at
891:fin24
286:BRICS
1308:Nene
1288:Nene
1268:Keys
1252:Keys
1222:Louw
1161:Hull
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