ANCYL slams Mboweni’s new appointment

2010-02-25 09:28

Former SA Reserve Bank governor Tito Mboweni’s appointment as

AngloGold Ashanti’s new chairman was a reward for having protected the interests

of “male white capital“, the ANC Youth League said today.

“Tito Mboweni’s appointment into a mining corporation is not at all

surprising and reflects the reactionary, nonsensical and backward views he

expressed when he was the mis-Governor of the South African Reserve Bank that

Mines will not be nationalised in South Africa,” it said in a statement.

“There is no doubt that Tito Mboweni was speaking the views of

white capitalists, like those who did in the recent past, which controls the

South African economy... particularly the extraction, processing and trade of

minerals.”

ANCYL pushes on with call for nationalisation

Mboweni’s appointment, or any other “diversions would not deter the

ANC Youth League from forging forward with the nationalisation of mines“, it

said.

“The nationalisation of mines is the key towards decisive and

radical economic transformation which will benefit all South Africans,

particularly the working class and the poor.

“That is why the national general council in September 2010 and the

national conference of the ANC in December 2012 will resolve on the

nationalisation of mines.” it said.

Mboweni’s appointment takes effect from June 1, 2010. He succeeds

Russell Edey.

He has also been appointed as the chairman of packaging group,

Nampak. He succeeds outgoing chairman Trevor Evans.


Join the conversation!

24.com encourages commentary submitted via MyNews24. Contributions of 200 words or more will be considered for publication.

We reserve editorial discretion to decide what will be published.
Read our comments policy for guidelines on contributions.

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
0 comments
Comments have been closed for this article.

Inside News24

 
/News

Book flights

Compare, Book, Fly

Traffic Alerts
There are new stories on the homepage. Click here to see them.
 
English
Afrikaans
isiZulu

Hello 

Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.


Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire 24.com network.

Settings

Location Settings

News24 allows you to edit the display of certain components based on a location. If you wish to personalise the page based on your preferences, please select a location for each component and click "Submit" in order for the changes to take affect.




Facebook Sign-In

Hi News addict,

Join the News24 Community to be involved in breaking the news.

Log in with Facebook to comment and personalise news, weather and listings.