Tito Mboweni apologises to Scopa MPs for ‘tough luck’ remark

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Finance minister Tito Mboweni has apologised to MPs at the standing committee of public accounts for his conduct during an appearance before them with the Development Bank of Southern Africa.

Mboweni first clashed with ANC MP Bheki Hadebe over the appointment process of board members at DBSA.

“How is the nomination conducted, how does the search company source these shortlisted names? Do they advertise? The key and critical issue here is me understanding the fair and transparent part,” said Hadebe. “Under normal circumstances, that human resources agency or personnel agency would have in their database a number of people who they know and their skill set. Depending on the brief you have given them, they would source from their database people they think might fit what you want,” said Mboweni.

 

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On matters of finance and economics, Minister Mboweni always come across as the 'know it all' type, since his days as SARB Governor and he can be condescending at times. Maybe he should be in lecture halls imparting his knowledge to students.

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