Tito Mboweni, the former Finance and Labour Minister of South Africa and the first African governor of the South African Reserve Bank, has passed away at the age of 65. The presidency announced his death late on Saturday, following a brief illness.
Mboweni died in a Johannesburg hospital, surrounded by loved ones, with his death described as a painful exit in the political atmosphere of South Africa.
Mboweni had a distinguished career in public service serving as South Africa’s Finance Minister from October 2018 to August 2021, and the Labour Minister from 1994 to 1999 under former President Nelson Mandela.
His contributions were pivotal during the transition from apartheid to a democratic government, making him the first black governor of the South African Reserve Bank, a position he held from 1999 to 2009. His tenure was marked by efforts to stabilize the economy and implement sound monetary policies.
In recent years, Mboweni gained popularity on social media for his engaging cooking content, often sharing recipes and culinary tips with his followers. His vibrant personality and humor endeared him to many South Africans beyond his political career.
Expressing condolence over the death of Mboweni, South African President Cyril Ramaphosa saying “His passing comes as a shock,” describing his loss as irreparable to the country and family at large.
Numerous political figures and organizations have paid tribute to Mboweni, recognizing his dedication and contributions to the country. The African National Congress described him as a figure who lived a life of sacrifice and selfless service to the people of South Africa.