STREAMING NOW: Watch Now

South Africa's finance minister Nhlanhla Nene resigns

South African President Cyril Ramaphosa accepted the resignation of the country's finance minister Nhlanhla ...

Posted: Oct 9, 2018 8:02 PM
Updated: Oct 9, 2018 8:02 PM

South African President Cyril Ramaphosa accepted the resignation of the country's finance minister Nhlanhla Nene on Tuesday, following what the President described as "errors of judgement."

In a nationally televised address, Ramaphosa said he accepted Nene's resignation because of "errors of judgment" as a result of a controversy surrounding Nene's testimony in an ongoing graft inquiry in South Africa.

Africa

Continents and regions

Cyril Ramaphosa

Political Figures - Intl

South Africa

Southern Africa

Resignations

Ramaphosa announced that Tito Mboweni, a former South African Reserve Bank Governor, will replace Nene as finance minister.

Mboweni was sworn-in immediately following the address.

"After due consideration of the circumstances around this matter and in the interest of good governance, I have decided to accept his resignation," said Ramaphosa.

Nene was sacked by former president Jacob Zuma as finance minister -- in testimony to the ongoing 'state capture inquiry'.

Although, Nene says he was fired because he refused to sign onto what many saw as a questionable nuclear deal with Russia.

Nene was re-appointed after Ramaphosa assumed the presidency.

Despite his reputation as a finance minister fighting the rot of corruption, Nene recently admitted to a series of meetings during his tenure with the Gupta family, wealthy Indian expats that are accused of large-scale corruption. He previously denied having those meetings.

Several other members of Ramaphosa's cabinet have been accused of corruption and some analysts believe that Nene's resignation will put more pressure on the president to clean up his leadership team.

The influential Gupta family are implicated in a 355-page State of Capture 2016 report published by South Africa prosecutors.

It contains allegations, questionable business deals and ministerial appointments in former president Jacob Zuma's government.

The Guptas are a wealthy family who emigrated from India to South Africa, where they have built a business empire and wield much political influence.

Mississippi Coronavirus Cases

Data is updated nightly.

Confirmed Cases: 32888

Reported Deaths: 1188
CountyConfirmedDeaths
Hinds264246
DeSoto176718
Madison135536
Jones115949
Neshoba101673
Harrison100312
Rankin99915
Lauderdale93781
Forrest92743
Scott78515
Jackson70417
Copiah62715
Washington62610
Leake59820
Lee57521
Holmes57041
Oktibbeha55728
Wayne55116
Warren54020
Yazoo5336
Grenada5227
Lowndes51513
Leflore50756
Lamar5007
Lincoln49234
Pike46617
Sunflower4368
Monroe43135
Lafayette4194
Covington3965
Panola3926
Bolivar37018
Attala36523
Simpson3603
Newton35210
Adams33218
Tate31912
Pontotoc3166
Marion30812
Chickasaw29119
Claiborne28910
Winston28210
Noxubee2738
Pearl River26932
Jasper2666
Marshall2643
Clay25111
Smith23412
Union23311
Coahoma2136
Clarke21125
Walthall2087
Lawrence1892
Yalobusha1838
Kemper17914
Carroll17111
Humphreys1569
Tallahatchie1564
Montgomery1432
Calhoun1425
Tippah14211
Itawamba1408
Hancock13413
Webster12811
Tunica1153
Jefferson1143
Jefferson Davis1144
Prentiss1113
Greene1089
Amite1043
George943
Wilkinson949
Tishomingo911
Quitman891
Alcorn762
Perry764
Choctaw754
Stone722
Franklin472
Benton420
Sharkey400
Issaquena101
Unassigned00

Alabama Coronavirus Cases

Confirmed Cases: 46424

Reported Deaths: 1032
CountyConfirmedDeaths
Jefferson5687161
Mobile4315136
Montgomery4275109
Tuscaloosa238248
Marshall181511
Madison16208
Lee146337
Shelby141424
Morgan11575
Baldwin10399
Walker101825
Elmore97519
Dallas9189
Franklin90616
Etowah83413
DeKalb7905
Chambers64727
Autauga64312
Butler63728
Tallapoosa60669
Russell5890
Unassigned53826
Houston5366
Limestone5251
Lauderdale5146
Cullman4905
Lowndes47922
Pike4525
Colbert4426
St. Clair4402
Escambia4358
Calhoun4035
Coffee3923
Covington38110
Bullock36910
Barbour3622
Jackson3432
Talladega3337
Dale3261
Marengo32011
Hale31722
Wilcox2958
Clarke2876
Sumter28512
Winston2773
Chilton2762
Blount2581
Monroe2442
Pickens2446
Marion24114
Randolph2289
Conecuh2187
Macon2029
Choctaw19912
Bibb1981
Greene1888
Perry1791
Henry1403
Crenshaw1253
Washington1217
Lawrence1130
Cherokee1117
Geneva860
Lamar801
Fayette721
Clay692
Coosa601
Cleburne391
Out of AL00
Tupelo
Overcast
79° wxIcon
Hi: 91° Lo: 75°
Feels Like: 83°
Columbus
Overcast
76° wxIcon
Hi: 90° Lo: 72°
Feels Like: 76°
Oxford
Overcast
75° wxIcon
Hi: 89° Lo: 72°
Feels Like: 75°
Starkville
Broken Clouds
77° wxIcon
Hi: 88° Lo: 71°
Feels Like: 78°
WTVA Radar
WTVA Temperatures
WTVA Severe Weather