The Mboweni family has sadly announced the passing of former finance minister and Reserve Bank governor, Tito Mboweni, who died at the age of 65 after a short illness.
According to a statement released late on Saturday night, Mboweni passed away in a Johannesburg hospital, surrounded by loved ones.
Mboweni, a trailblazer in South Africa’s political and economic landscape, made history as the first black governor of the South African Reserve Bank (SARB), a role he assumed in 1999, succeeding Chris Stals.
His decade-long leadership at the SARB followed a distinguished period as labour minister in Nelson Mandela’s cabinet between 1994 and 1999.
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His passing marks the end of a significant chapter in South Africa’s post-apartheid history, as Mboweni was instrumental in shaping the country’s economic policies during pivotal years of its transition.
Today, September 11, 2024, I attended one of a series of events celebrating 65 years of the existence of the University of Limpopo ( Turfloop University). I declare that I was gifted this nice jacket. @ULvarsity . @golimpopo pic.twitter.com/36BA4S5NtF
— Tito Mboweni (@tito_mboweni) September 11, 2024
