Former South African Finance Minister Tito Mboweni Dies
Former South African Finance Minister Tito Mboweni Dies

Former South African Finance Minister Tito Mboweni Dies

News summary

Tito Mboweni, South Africa's first black central bank governor and former finance minister, has died at the age of 65 after a short illness. President Cyril Ramaphosa expressed deep condolences, highlighting Mboweni's contributions as an activist and economic policy innovator during his decades-long political career. Mboweni was instrumental in shaping South Africa's post-apartheid labour laws as the first labour minister under Nelson Mandela and later served as the governor of the South African Reserve Bank, where he was recognized for successfully controlling inflation. His family confirmed he passed away in a Johannesburg hospital surrounded by loved ones. In his final years, Mboweni gained popularity on social media for his humorous cooking content. His legacy is marked by a commitment to public service and advocacy for workers' rights.

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