Tito Mboweni, Former South African Finance Minister, Dies

Tito Mboweni, former finance minister and South African Reserve Bank governor, has died at the age of 65 following a short illness. His family announced his passing on 12 October 2024, stating he died in a Johannesburg hospital surrounded by loved ones. Mboweni was notable for being the first black governor of the SARB, a position he held from 1999 to 2009, and he played a significant role in shaping post-apartheid economic policies as the Minister of Labour from 1994 to 1999. He later returned to government as finance minister in 2018 under President Cyril Ramaphosa, serving until his retirement in August 2021. The Mboweni family has requested privacy during this time of mourning, with further details about memorial arrangements expected soon.