Mboweni knocks nationalisation talk

[Drake2007]

South African mines will not be nationalised despite "noises" from some politicians, South Africa's central bank Governor Tito Mboweni said on Saturday.

However, he warned in a memorial lecture that authorities in emerging countries must guard against excessive foreign ownership of banks.

Some politicians, including those from influential trade unions and the ruling ANC party's youth, have repeatedly called for government to take over ownership of the country's mines, a move that could scare off investors.

link

 

[ToxicBunny]

We do still have a few intelligent people in government who can counter Potty-mouth Malema's utterings...

 

[Gomario]

Isn't Mboweni on the way out while Malema is on the way in ?

 

[ToxicBunny]

No... notice his title "South Africa's central bank Governor Tito Mboweni said on Saturday"

Malema does not have the economic power that Mboweni does, and chances are he never will have it.

Gomario, please go troll elsewhere, you are actually getting irritating.

 

[BBSA]

No... notice his title "South Africa's central bank Governor Tito Mboweni said on Saturday"

In theory the reserve bank is not part of government and is supposed to be independent.

But I do get your point, and he does have lots of influence in government.

 

[boramk]

Gomario, please go troll elsewhere, you are actually getting irritating.

+1 Oh emm eff ghee
Some people are doff

 

[PeterCH]

Malema is the bad cop.
Mboweni is the good cop.

The problem with that is what do they want to achieve, who do they want to threaten?

Seems very irresponsible of a government.

 

[Sensorei]

Viva Mboweni viva!

 

[Blue]

lol since when has malema been regarded as a "politician". Tito should have called him out for what he is...a baboon

 

[Drake2007]

No... notice his title "South Africa's central bank Governor Tito Mboweni said on Saturday"

Malema does not have the economic power that Mboweni does, and chances are he never will have it.

"Mboweni, who leaves his post next month, said the government had only recently taken over mining rights from companies, and would not want to start another difficult process"

I've no idea where he's going to afterwards.

 

[BBSA]

"Mboweni, who leaves his post next month, said the government had only recently taken over mining rights from companies, and would not want to start another difficult process"

I've no idea where he's going to afterwards.

Neither does he, he said he is going to take a break.

 

[TheHiveMind]

Malema is the bad cop.
Mboweni is the good cop.

I get that feeling to. The government is not so incompetent that it will let contradictions and divisions go unchecked so very often without it being deliberate.

 

[Gomario]

No... notice his title "South Africa's central bank Governor Tito Mboweni said on Saturday"

Malema does not have the economic power that Mboweni does, and chances are he never will have it.

Gomario, please go troll elsewhere, you are actually getting irritating.

Hmmm . . . To obey or not to obey, that's the question. Keep in mind though - troll talks to troll and yes, I like to irritated you, Malema, Zuma, and all the other dignitaries up the ladder which think they are something which clearly they are not. The more you 'troll' at me the more I will return the favor. Your choice, my game - you started it Either you have it or you don't. Don't worry though, especially in SA, clearly you are not alone. Of course Malema is a idiot but at least he is open about it. Most are not.