Brian Sokutu
Senior Print Journalist
3 minute read
24 Aug 2020
5:11 pm

Lack of diplomacy aside, ‘Mboweni had a point’ on Zambia

Brian Sokutu

Finance Minister Tito Mboweni may have already apologised for his tweets about Zambia sacking their Central Bank chief, but experts say he was right in calling out the lack of good governance on the neighbouring country's part.

Finance Minister Tito Mboweni has come under fire from the DA over his admission that part of the IMF loan could be used to pay salaries. Picture: Emmanuel Croset

While President Cyril Ramaphosa has moved with speed to quell a diplomatic row between South Africa and Zambia, sparked by Finance Minister Tito Mboweni, two of the country’s leading political analysts have come out in support of Mboweni. Following the finance minister's condemnation of Zambia's firing of central bank governor Denny Kalyalya, Mboweni was “strongly reprimanded” by the presidency on Monday, with Ramaphosa assuring his counterpart President Edgar Lungu that the matter was being addressed and would not recur. In reaction to Kalyalya’s dismissal by Lungu, an enraged Mboweni – former governor of the SA Reserve Bank – over the...