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Mboweni steps down, Godongwana steps up as finance minister

Mboweni steps down, Godongwana steps up as finance minister
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Molefe tears into Ramaphosa, praises Guptas

Former Eskom chief executive Brian Molefe has defended his relationship with the Guptas at the state capture commission of inquiry on Friday, saying they were the only ones who were willing to invest in a state bank that he was trying to establish.
Molefe said that Ajay Gupta, with whom he had become close friends with over the years, introduced him to a wealthy businessman from India who was willing to finance the operation, but it was later turned down by former Reserve Bank Governor Tito Mboweni who refused to grant them a banking license.
Molefe said he had no regrets about being friends with the Guptas because he saw them as normal South African citizens who enjoyed the fruits of our Constitution like everybody else. ....

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