Tito Mboweni Resigns as MP for New Job in Finance, COPE Questions Minister’s Salary

Tito Mboweni Resigns as MP for New Job in Finance, COPE Questions Minister’s Salary

  • Tito Mboweni resigned as a Member of Parliament and said that he is going to pursue a career in finance
  • The African National Congress expressed their good wishes and said that they hope he's successful in his new job
  • However, the Congress of the People questioned his recent income and said that they believe he should pay back his salary

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JOHANNESBURG - Tito Mboweni, the former Minister of Finance, has announced that he resigned yesterday (31 January) as a Member of Parliament (MP) to pursue a career at an unnamed financial institution.

Pemmy Majodina, the chief whip for the African National Congress (ANC) in Parliament, confirmed that Mboweni tendered his resignation. However, Majodina added that the ANC wishes him success in his new career.

"Of course, we will greatly miss him. When he starts his new job, we will know where he is going," Majodina said.

Read also

Herman Mashaba tenders resignation as Joburg councillor, wants ActionSA to beat ANC in 2024

Tito Mboweni, MP, Member of Parliament, ANC, African National Congress, COPE, Congress of the People
Tito Mboweni has resigned from Parliament to pursue a career in finance. image: Dwayne Senior/Bloomberg via Getty Images
Source: Getty Images

Mboweni's resignation and COPE's questions

Mboweni has a storied history in the ANC, dating back to 1994 when he was elected as the Minister of Labour, which he held until 1998, News24 reports. He was also the Minister of Finance from 2018 to 2021 under President Cyril Ramaphosa.

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However, his time as an MP has placed him under scrutiny from the Congress of the People (COPE), who are asking questions about his salary. The party wants to know if he received a salary in the last five months and if so, they want him to pay it back.

According to SABC News, because Mboweni resigned from Ramaphosa's Cabinet in August 2021, COPE believes he should not have been earning a salary in the months since his resignation.

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Reactions to Mboweni's resignation

@SupingJennifer asked:

"What are the duties of ordinary members of parliament, besides those who are part of portfolio committees? Someone, please school me."

@LLunga18 remarked:

"Is COPE still existing? I thought that party is no more."

@NongogoNtobza said:

"They should try to get some votes."

@BrendaWardle shared:

"Hahaha, I'm laughing because I'd forgotten that he was an MP."

@LufunoMuchachi believes:

"He should have resigned long ago."

Herman Mashaba tenders resignation as Joburg councillor, wants ActionSA to beat ANC in 2024

Speaking of politicians resigning from office, Briefly News recently reported that ActionSA leader Herman Mashaba announced on 31 January that he has resigned as councillor for Johannesburg to focus on building up his party to a level where it can take on the African National Congress (ANC) in the 2024 election.

Mashaba's resignation comes just three months after being sworn into the role in November. However, the ActionSA leader feels that his party is his top priority now and requires all of his time and focus.

Mashaba said that he would work to grow ActionSA at a provincial level across South Africa in his announcement. Currently, Gauteng is the province that supports the party the most.

Source: Briefly News

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