Don’t Sweat The Small Stuff, Minister Mboweni!

by Mark Wasserman
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Well, it’s that time again: introducing you to another ‘new’ minister after something of a shakeup – or shake down, depending on which side of Saxonwold you live…

Yesterday, South African President Cyril Ramaphosa accepted the resignation of embattled former Minister of Finance, Nhlanhla Nene, and appointed Tito Mboweni in his place.

13 Facts About President Cyril Ramaphosa

Mboweni is no stranger to the world of finances and economy, having served as the Governor of the South African Reserve Bank for a decade between 1999 and 2009. Prior to that, Tito was a member of the ANC’s National Executive and National Working Committees and was also Chairperson of the National Executive Committee’s Economic Transformation Committee, which coordinated the development of ANC economic policies. He is also a favourite on the international economic stage, and became one of the World Economic Forums Global Leaders of Tomorrow in 1995, according to Wikipedia.

Here are a few facts about the new Minister of Finance that you may not have known:

  • The youngest of three children, Tito Mboweni was born on 16 March 1959. He grew up in in the ‘beautiful and dusty village’ of Bordeaux near Tzaneen.

 

“I suppose you can call me an exile kid, and international kid born in South Africa,
but my home is in South Africa, Lesotho, Mozambique, the United Kingdom, Zambia, Angola,
Tanzania, Swaziland, the USA, Switzerland and everywhere I stayed in my youth.
I hate narrow nationalism, cannot stand it. I hate xenophobia.”
Minister Tito Mboweni

  • He attended the University of the North 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.
  • While in exile in Lesotho, he joined the African National Congress (ANC), South Africa’s current governing party, and was an activist for the party in many capacities.
  • He obtained a Bachelor of Arts (honours equivalent) degree in economics and political science from the National University of Lesotho in 1985.
  • In 1988 he obtained a Master of Arts degree in Development Economics from the University of East Anglia in England.
  • Mboweni is an avid fly-fisherman, and has encouraged black South Africans to take up the sport.

And finally:

  • He really, really – really – likes hot and spicy curries!

Meet SA’s First Lady: Dr Tshepo Motsepe

It’s a good thing that he’s no stranger to heat or sweat, right? We mean, he’s taken on a job which will need him to be super, erm, curry-agious! Good luck, Minister!

Get into the Ministerial Mood today by playing the Cassper Nyovest hit that was named after Tito himself:

[WATCH] Mzansi’s most watched music videos in 2017

 

 

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