On 9 October, President Cyril Ramaphosa appointed former labour minister, former governor of the SA Reserve Bank and current member of the National Executive Committee of the ANC, Tito Mboweni, to the post of finance minister after accepting Nhlanhla Nene’s resignation.
Mboweni is South Africa’s fifth finance minister in less than three years and is tasked with overseeing an economy that’s recession-hit and helping President Ramaphosa’s goal to build confidence in the country’s situation.
The news of Mboweni’s appointment has been hailed by business leaders, opposed by some political parties and met with mixed reactions from the public with some insightful and slightly humorous observations taking precedents on social media.
Twitter reacts to Tito Mboweni’s appointment:
— Kriya Gangiah (@kriyaG) October 10, 2018
In the words of Cassper Nyovest…Tito Mboweni Shaaaa Shaaaaa
— Anele Mdoda (@Anele) October 9, 2018
When you hear ama 2000 ask "Kanti Tito Mboweni is an actual person?" pic.twitter.com/bLml2YnZ35
— Welile 'Wellington' G (@WelsWG) October 9, 2018
us: but didn't you say you weren't available for…
tito mboweni: https://t.co/7qTOD2moAI
— zak (@zakareeee) October 9, 2018
I am deeply disappointed that President Ramaphosa did not say "Sha! Sha!" after announcing our new finance minister. #TitoMboweni
— Deep Fried Man (@DeepFriedMan) October 9, 2018
Watch Cassper Nyovest’s hit “Tito Mboweni” below: