Finance Minster Tito Mboweni tweeted on Friday that it was ” is good to retire gracefully,” sparking questions about who the minister was referring to and what caused him to put this observation on social media.
Mboweni, who is set to head SA’s delegation to the upcoming World Economic Forum in Davos next week, sent the tweet at 13:00 on Friday.
“Politics and Longevity. Political history shows that overstaying your time in office is bad. Unlike royalty, you may be ejected from State House in an undignified manner. It is good to retire gracefully”.
— Tito Mboweni (@tito_mboweni) January 17, 2020
On Friday a spokesperson for National Treasury said they could not comment on Mboweni’s views on his social media account.
The finance minister’s tweet sparked furious speculation among his followers, with hundreds of reactions to his cryptic statement.
Some thought Mboweni was indicating that he was about to step down after a recent spat with his ANC colleagues about the fate of the Reserve Bank.
Others speculated that he may be referring to some of his colleagues:
After taking a break from Twitter late last year, Mboweni has in recent weeks frequently tweeted his views on issues of the day.
Earlier in week he was reprimanded by the ANC after he tweeted that he believed a previous ANC resolution to nationalise the Reserve Bank was wrong.
As a long standing member of the ANC and its leadership structures, I know and understand our resolutions.I don’t need lectures on that.But on the SARB, I am convinced that we adopted a wrong resolution. What do we want to achieve?Our Strategic focus:Structural Economic Reforms.
— Tito Mboweni (@tito_mboweni) January 14, 2020