#Africa AGOA benefitted Chinese entrepreneurs more than Africans, says Mboweni

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SA Reserve Bank governor Tito Mboweni speaks during the launch of a R5 coin issued to celebrate Nelson Mandela's birthday during a function in Johannesburg, Monday, 7 July 2008. Five million coins, featuring a smiling portrait of the former president, will go into circulation on Friday, 18 July 2008, as part of Madiba's official 90th birthday celebrations. Picture: Werner Beukes/SAPA

Former South African Reserve Bank governor Tito Mboweni has slammed the African Growth and Opportunity Act (AGOA), claiming that the US trade pact has benefited Chinese business owners and stymied African manufacturing capacity.…

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