'Factions aside, it's time to regroup as ANC members'-Tito Mboweni

Former South African Reserve Bank Governor Tito Mboweni says the ANC could become irrational in its response to the political power changes.

Mboweni says 'local elections have changed our politics forever and that the ANC could become irrational in its response to the changing situation'.

He made reference to Zimbabwe African National Union – Patriotic Front (ZANU–PF) which has been in power since 1980.

We have seen how political parties behave when they are confronted with a changed situation and start behaving irrational.

Tito Mboweni, former Reserve Bank Governor

The political landscape is changing. There is still a real possibility for the ANC to recoup lost ground and that will depend to the large extent on what kind of leadership emerges at the ANC conference in 2017.

Tito Mboweni, former Reserve Bank Governor

Asked about factions and divisions within the ANC, Mboweni said he doesn't believe in groupings that divide the organisation.

The people who are genuinely ANC members and leaders, should strive for the unity of the organisation. It is time to regroup. It's time to reorganise. It's time to do criticism and self-criticism. And chart the way forward.

Tito Mboweni, former Reserve Bank Governor

Listen to the rest of Mboweni's comments about ministers and factions within the ANC...

Read More
Mboweni steers clear of the currency policy

Mboweni steers clear of the currency policy

Reserve Bank Governor Tito Mboweni said on Tuesday he was not in the business of weakening or...

Mboweni urges social grant ’re-think’

Mboweni urges social grant ’re-think’

Outgoing Reserve Bank Governor, Tito Mboweni believes government should rethink the social grant...

Police investigate Mboweni's son's 'arrest'

Police investigate Mboweni's son's 'arrest'

Tumelo Mboweni was allegedly targeted by a policeman because of his dark skin.

Tito Mboweni lashes out at mismanagement of SOEs

Tito Mboweni lashes out at mismanagement of SOEs

He says SA must ensure the independence of the Reserve Bank & Chapter Nine institutions are protected.

'President Zuma isn't going anywhere'

'President Zuma isn't going anywhere'

Political analysts say the decisions by the ANC’s NEC suggest that very little is going to change.

Tito Mboweni backs the Reserve Bank

Tito Mboweni backs the Reserve Bank

He says no leadership must act and look stupid, adding South Africa expects better.

5 things Tito Mboweni says SA must get right to avoid junk status credit rating

5 things Tito Mboweni says SA must get right to avoid junk status credit rating

Former Reserve Bank governor, Tito Mboweni, says South Africa must implement a defence strategy to avoid a downgrade to junk status.

Popular articles
More South Africans on social grants than those earning an income

More South Africans on social grants than those earning an income

According to SAIRR researcher Gerbrandt van Heerden the number of people receiving social grants has increased by 328% since 2001.

5 facts about the new SA number plates being implemented this year

5 facts about the new SA number plates being implemented this year

No official date has been set for the roll out of SA's new number plate legislation, but here's what you need to know so long.

In case you hadn't noticed, Cape Town feels freezing cold (and here's why)

In case you hadn't noticed, Cape Town feels freezing cold (and here's why)

Capetonians are pulling out hot water bottles and mittens as a cold front is predicted to make landfall on Thursday morning.

Are you having panic attacks? Here's what you need to know

Are you having panic attacks? Here's what you need to know

Behavioural psychologist Dr Helgo Schomer explains the symptoms, treatments and tips for people who suffer panic attacks.

Don't be rude: 5 ways to practice cell phone etiquette

Don't be rude: 5 ways to practice cell phone etiquette

It's important to confront friends and family if they seem distracted by their phones, says Afro Protocol founder Courtenay Carey.

'The university degree is dead'

'The university degree is dead'

Flux Trends founder Dion Chang gives five reasons why he believes getting a degree is past its sell by date.