President Nangolo Mbumba says he has learnt with deep sadness about the death of South Africa’s former minister of finance and central bank governor Tito Mboweni.
The South African presidency announced on Saturday that Mboweni died in Johannesburg after a brief illness. Mboweni was 65 years old.
“The passing of comrade Tito Titus Mboweni is profoundly saddening for the people of South Africa and Africa at large. He exemplified African excellence, having served as the first black governor of the South African Reserve Bank in a post-apartheid and free South Africa,” Mbumba said in a statement on Sunday.
“As a distinguished policymaker and expert in the field of finance and economics, comrade Tito Mboweni meaningfully contributed to the economic development and advancement of South Africa during his tenures as minister, central banker and in the private sector. His was a life lived in exemplary service to the people of South Africa and the region from the days of his activism as an ANC cadre fighting for the end of apartheid,” Mbumba said.
“As we mourn the loss of a comrade and dedicated leader, I extend my sincere condolences to my dear brother, president Cyril Matamela Ramaphosa, the bereaved Mboweni family and the fraternal people of South Africa,” said Mbumba.
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