'Production line of potential ANC leaders has run out'

President Cyril Ramaphosa congratulates new Finance Minister Tito Mboweni on 9 October 2018. Picture: @SAgovnews/Twitter

I feel relatively reassured… Moody’s is not going to downgrade us on Thursday…

Dr Azar Jammine, Econometrix

The production line of potential ANC leaders has just run out… I can’t be very enthused… the markets might be happy…

Kagiso Pooe, North-West University

Former Reserve Bank Governor Tito Mboweni is South Africa’s new Minister of Finance.

He replaces Nhlanhla Nene, following his controversial testimony at the state capture commission of inquiry.

(Also read: Watch Cassper Nyovest's 'Tito Mboweni'. Why? He's our new, new Finance Minister!)

On Friday, Nene apologised for meeting the Guptas at their home and business premises.

Earlier he said he only met the disgraced family at public gatherings.

Nene reportedly asked President Cyril Ramaphosa to sack him.

The Money Show’s Bruce Whitfield interviewed the following commentators:

  • Dr Azar Jammine (Chief Economist at Econometrix)

  • Kagiso Pooe (Public Policy Specialist and lecturer at North-West University)

Listen to the interviews in the audio below.

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