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Mboweni resigns as MP

Former SA Reserve Bank governor Tito Mboweni will not be a Member of parliament this term after he withdrew his name from the ANC list

Mboweni's withdrawal was announced  by the ANC's secretary-general Gwede Mantashe yesterday - where very little detail as to why he withdrew was given

Political analysts say Mboweni may be deployed eleswhere as the law allows the president to appoint two ministers and two deputy ministers who are not Members of Parliament

Mboweni spoke about the ANC's candidate list

(Click for Audio)

 

 

 

 

 

Former SA Reserve Bank governor Tito Mboweni has withdrawn from the ruling party's list for Parliament, making himself unavailable to serve as an MP.

This was announced by African National Congress (ANC) secretary-general Gwede Mantashe in Cape Town on Tuesday.

Mantashe would not be drawn on the reasons for Mboweni's withdrawal, contained in a letter to the ANC. "I do not think it would be ethical to read a letter that Mboweni writes to the ANC and we do not think that should be done".

"He will be doing something different in the best interests of the country and himself."

Mboweni's withdrawal followed speculation that he would replace Finance Minister Pravin Gordhan if he were not available for appointment or should he be deployed elsewhere.

Gordhan, who is not at MP, was appointed in 2009.

The law allows the president to appoint to his Cabinet two ministers and two deputy ministers who are not MPs.

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Former SA Reserve Bank governor Tito Mboweni will not be a Member of parliament this term after he withdrew his name from the ANC list

Mboweni's withdrawal was announced by the ANC's secretary-general Gwede Mantashe yesterday ,where very little detail as to why he withdrew was given

Political analysts say Mboweni may be deployed elsewhere as the law allows the president to appoint two ministers and two deputy ministers who are not Members of Parliament

Article Time: 
May 21, 2014 - 10:04am

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