DA - Democratic Alliance

10/13/2024 | Press release | Distributed by Public on 10/13/2024 14:25

DA mourns the passing of Dr Tito Mboweni, former Minister of Finance

DA mourns the passing of Dr Tito Mboweni, former Minister of Finance

Issued by Karabo Khakhau MP - DA National Spokesperson

13 Oct 2024 in News

Please find attached English, isiZulu, and Sesotho soundbites by Karabo Khakhau MP.

The Democratic Alliance is deeply saddened by the passing of Dr Tito Mboweni at the age of 65, following a brief illness.

Dr Mboweni's legacy in South African politics is long and significant. He served as Minister of Labour in President Nelson Mandela's cabinet, later becoming an astute and respected governor of the South African Reserve Bank. In 2018, he returned to public service as Minister of Finance in President Cyril Ramaphosa's cabinet, where he was both dynamic and pragmatic in his approach to managing the country's finances.

Dr Mboweni was a steadfast opponent of corruption and consistently championed fiscal responsibility. He worked tirelessly to steer the economy toward growth while mitigating the impact of rising debt levels. He will be remembered as a patriot who stood for what was right, even in challenging times, and as a humble and principled man at heart.

The DA extends its heartfelt condolences to Dr Mboweni's family and loved ones. His passing is a profound loss for South Africa, and his contributions to strengthening democracy and improving the lives of all South Africans will not be forgotten.