Mboweni is SA's new Finance Minister: What sparked his change of mind?

Mboweni is SA's new Finance Minister: What sparked his change of mind?

- South Africans were left wondering why Tito Mboweni accepted the role of Finance Minister after he said he wasn't available for it

- Mboweni has been outspoken about the government needing new blood in important posts

- However, the current crisis and upcoming the midterm budget may have swayed Mboweni

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South Africa has a new Finance Minister but South Africans are remembering he said he wasn't available for the post.

The South African Government News shared the news of the former Reserve Bank Governor's appointment as the finance minister on social media, as reported on by Briefly.co.za.

But until just then, Mboweni seemed to have been finished with serving in such roles.

So why did he take the job then?

Mboweni stated on social media that it was time for new people in government. He added that he had served the country long enough.

According to a report by The Citizen, Mboweni may not have had a choice.

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Khaya Sithole, a political analyst, said that the urgency of the need to fill the post may have left Mboweni unable to decline.

The midterm budget is in a few weeks and someone was needed to take charge of this.

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Mboweni may still feel that it is time for young blood to take over but for now, the country needs him.

It is not clear whether Mboweni was happy about accepting the role as Finance Minister. He will be working for a much lower salary.

For now, the Finance Ministry has not addressed the media about the appointment.

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Source: Briefly.co.za

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