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Tito Mboweni Blames Zuma For Destroying Investor Confidence In SA

Tito Mboweni asserts that President Cyril Ramaphosa's administration is attempting to restore the investor trust that Zuma eroded over time. According to him, this is why investment in South Africa dried up, but Ramaphosa is attempting to entice them back.

"Initially, we must recognize that the Zuma years eroded investor confidence in South Africa. When you erode the confidence of investors, the logical result is a decline in investment "explained Tito Mboweni.

These statements by the former finance minister, Tito Mboweni, infuriated Zuma's followers, who informed him that he is speaking nonsense and is one of the ANC comrades who are continuously covering up Ramaphosa's incompetence by using Zuma as a scapegoat.

Mboweni is accused of blocking investments behind Jacob Zuma's back and failing South Africans by not advocating for the establishment of a state-owned bank.

"You prevented us from establishing our own state bank..? You even play a role in obstructing a nuclear power plant...and you are the one who lied to investors behind President Zuma's back, this diversionary strategy is so dated "some added.

"Stop singling out Zuma for the crisis in which our country finds itself. The entire ANC must accept responsibility. Without a drunk ANC, those squandered years would not have occurred."

After realizing that the fragmented ANC is failing to attract foreign investment to the country, a RET comrade responds to Tito Mboweni by stating that he is speaking nonsense.

Source: Jobe/status/1556066954947035137?t=oaYyJSFFSLDuFSmFkICMog&s=19

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Mboweni Ramaphosa South Africa Tito Mboweni Zuma


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