Tito Mboweni (Werner Beukes, Sapa)
Johannesburg - Former labour minister and former Reserve
Bank governor Tito Mboweni has apparently doused speculation that he could be
appointed minister of finance, saying he wants to focus on his investment
Mboweni resigned from his position as chairperson of
AngloGold Ashanti on Monday, in a move which led to speculation that he could
become a Cabinet minister, Beeld reported on Tuesday.
The Mail & Guardian reported last week that Mboweni, 54,
had been earmarked for the post as current Finance Minister Pravin Gordhan is
reaching retirement age.
Mboweni was re-elected onto the ANC's national executive
committee at the Mangaung elective conference, and the ANC in Gauteng nominated
him to go to Parliament.
ANC spokesperson Jackson Mthembu told Beeld the party had
not yet made its list of candidates public, and would therefore not comment on
the list or the names on it.
In response to the speculation, Mboweni took to Twitter over
the weekend to state that Cabinet ministers are not appointed by the media, and
newspapers were pre-empting the president’s prerogative.
Mboweni told Business Day that he resigned from his AngloGold
Ashanti position because he wants to take care of his expanding portfolio of
investments and responsibilities.
He has a listed property company and an
investment holding company. He also serves on several boards, is an adviser to
a number of multinationals, and is a fellow at the Stellenbosch Institute for
Mboweni said he did not want to speculate on Cabinet
appointments, but would like to take care of his expanding portfolio of
investments and responsibilities rather than return to politics, Business Day
reported on Tuesday.