Ramaphosa Appoints Tito Mboweni As Finance Minister After Nene Quits – African News – African News Network | Latest African News | Nigerian News | Breaking News
Connect with us

African News

Ramaphosa Appoints Tito Mboweni As Finance Minister After Nene Quits

Published

on

Ramaphosa Appoints Tito Mboweni As Finance Minister After Nene Quits

President Cyril Ramaphosa, promptly replaced South African Finance minister Nhlanhla Nene, who resigned Tuesday, with former central bank governor, Tito Mboweni.

Nene considered a very close ally of Ramaphosa, resigned on Tuesday following financial scandals involving the Gupta family.

He reigned after meetings with the business family.

Mr Nene was a leading figure in the government’s efforts to tackle graft that allegedly flourished under Jacob Zuma, who was ousted in February.

But Mr Nene revealed to a judicial inquiry last week that he had met with the Gupta business family at their home and offices six times — contradicting earlier statements that he had only met them in passing at social occasions.

READ:  Lagos Begins Demolition Of Defective Buildings On Lagos Island

“I have decided to accept his resignation,” President Ramaphosa said in Cape Town.

He added that Mr Nene feared his testimony to the inquiry “detracted from the important task of serving the people of South Africa particularly as we work to reestablish public trust in government.”

Ramaphosa stressed that Mr Nene “has not been implicated in any act of wrongdoing himself” and hailed him as minister who had “defended the cause of proper financial management as well as clean governance”.

READ:  Insurgency: Six Killed As Boko Haram Attacks Gov. Shettima's Convoy

Mr Nene, who was widely respected by investors, served as Finance minister from 2014 to 2015 until he was sacked by Mr Zuma and was re-appointed by President Ramaphosa earlier this year.

Mr Nene apologised after giving testimony to the inquiry, which is probing allegations of systematic corruption under Zuma’s government involving the three Gupta brothers.

“I was wrong in meeting the Guptas at their residence and not in my office or at least a public place,” his public apology letter read.

READ:  Sierra Leone Declares Rape And Sexual Violence A National Emergency

“These visits do cast a shadow on my conduct as a public office bearer. I deeply regret these lapses and beg your forgiveness.”

The Guptas are a trio of Indian-born brothers accused of fraudulently profiting from vast government contracts and energy and transport deals under Zuma, who ruled from 2009 to 2018.

President Ramaphosa has vowed to crack down on corruption as he tries to revive the economy and boost declining support for the ruling ANC party ahead of elections next year.

Source: East African

African News

Ramaphosa Deploys SANDF To Mozambique As Cyclone Affects SA Power Supply

Published

on

By

Ramaphosa Deploys SANDF To Mozambique As Cyclone Affects SA Power Supply

South Africa President Cyril Ramaphosa says he has deployed the South African National Defense Force, SANDF, to Mozambique to assist in recovery efforts after cyclone Idal caused severe damage, knocking down pylons and affecting power supply to Eskom.

READ:  Mali President Keita To Face Cisse In Repeat Of 2013 Run-off Vote

The storm is said to have damaged a Mozambican transmission line to South Africa, cutting supplies by 900 mega watts, and worsening already strained electricity supply in South Africa.

READ:  Children In Africa Struggle To Get Justice. Here’s How To Improve Their Access

The president has apologized to South Africans for the crisis that has led to an increase in load shedding.  Ramaphosa said the problem should be cleared within two to three days.

READ:  East African Community International Passport Move Hits Snag In Uganda

Continue Reading

African News

Kenya: Former Destitute Man, Patrick Hinga Passes On

Published

on

By

Kenya: Former Destitute Man, Patrick Hinga Passes On

Former destitute street adult in Kenya, Patrick Hinga, has died.  His rescue and transformation by a former schoolmate became an internet sensation.  Hinga’s rehabilitation from the abyss of drug abuse was captured and shared step by step on social media by Wanja Nwaura, a childhood friend, who also broke the sad news on Sunday.

READ:  Student Volunteers Provide Free Education To Displaced Children In Somalia

Nwaura had a chance meeting with Hinga in 2017 when he shouted her name as she was getting to a market.  A journey back from drug addiction began for Nwaura’s childhood friend who had spent many years living in the streets.

READ:  Forces From Egypt, 5 Other Arab Nations To Start Joint Drill

Nwaura took Hinga out of the streets and got him help at a local rehabilitation center.  Born in 1983, Hinga’s drug problems began when he was in standard 8. His friends introduced him to the lifestyle that later destroyed him.

READ:  Cholera Outbreak: Residents Accuse Government Of Not Doing Enough

Nwaura launched an appeal for Hinga’s rehabilitation as the Chiromo medical lane center.  He completed the program in 2018, and the hospital waived a fifteen hundred dollars bill.

Nwaura did not say what caused her friend’s death.

Continue Reading

African News

Black Boxes Data Shows “Clear Similarities” Between Ethiopian And Lion Air Crashes

Published

on

By

Black Boxes Data Shows “Clear Similarities” Between Ethiopian And Lion Air Crashes

Black boxes from the Ethiopian Airlines Boeing 737 MAX 8 jet crash last week have shown what authorities call “clear similarities” with October’s lion air crash 737.

The crash has generated one of the most widely watched and high-stakes inquiries for years, with the latest version of Boeing’s profitable max series.

READ:  Huawei Thrives In Africa Despite US Offensive

Both jets in the crashes in Indonesia and Ethiopia were max 8, and both crashed minutes after take-off when pilots reported control problems.

Concern over the plane’s safety led aviation authorities to ground the model, wiping billions off Boeing’s market value.

READ:  Forces From Egypt, 5 Other Arab Nations To Start Joint Drill

Ethiopian transport ministry spokesman, Muse Yiheyis, has said the data were successfully recovered, and they show similar case with the Indonesian crash.  He said American and Ethiopian teams had validated data from the black boxes.  Us officials told Reuters News Agency in Washington they have not validate the data.

READ:  Student Volunteers Provide Free Education To Displaced Children In Somalia

Continue Reading

Trending

Subscribe to ANN News Alert

Be the first to receive the latest news from Africa and around the world.

%d bloggers like this: