South Africa deserves a proper Minister of Finance and not a MasterChef wannabe
5 November 2020
The National Education, Health and Allied Workers’ Union (NEHAWU) at its National Executive Committee (NEC) held last week after extensive analysis reiterated its long held view that the current Minister of Finance, Mr Tito Mboweni, is not the right man for the job and that he should be axed from his position.
As NEHAWU, we have been extremely worried about the conduct of Mr Mboweni for a very long time especially his total disregard for the African National Congress (ANC) and the Alliance at large. The national union has pleaded with the ANC through public statements in December 2019 and 1st November 2020 to reign in its deployee to government, unfortunately, the ANC has never shown an appetite or intention to reign him in.
The governing party kept quiet when Mr Mboweni was responsible for the unilateral publication of a neoliberal economic discussion document which was totally different from the outcomes of the ANC 54th National Conference and the 2019 National General Elections Manifesto commitments. On the 27th August 2019 Mr Mboweni published a document titled “Economic transformation, inclusive growth, and competitiveness: Towards an economic Strategy for South Africa”. The document incorporated capitalist economic policy reformist prescriptions from the “OECD Economic Surveys: South Africa” and “Economic Policy Reforms 2017: Going for Growth” developed by the elite Organisation for Economic Co-operation and Development (OECD) in 2017. The document had ill-intentions to undermine the sovereignty of our national democratic policy space. Its formulation did not involve the participation of Alliance partners and they only interacted with the document when it was released to the public. Furthermore, our view is that the document was published to avert our national democratic transition onto a second radical phase.
NEHAWU has always steadfastly stood against neo-liberal policy regime measures because we hold a strong view that it is this economic policy regime that has plunged the world into economic crisis and our country into the undesirable economic situation it finds itself in recently. The cut and paste document was designed to reverse the gains of workers including collective bargaining and the minimum wage thus reducing workers to a life of poverty and squalor.