Former Governor of the South African Reserve Bank and Labour and Finance Minister Dr Tito Mboweni passed away in Johannesburg Hospital on Saturday night (12 October 2024) at the age of 65 after battling short illness.
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According to the information shared by SABC News, Dr Tito Mboweni family released a statement on Saturday night around 22h00, annocing the passing of Dr Tito Mboweni, according to Tito Mboweni's family, he passed away in hospital in Johannesburg on Saturday night surrounded by his loved ones [Source: SABC News]
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Dr Tito Mboweni passing really hit South Africans really hard as he was loved by the country especially on Social Media platforms
On statement that's shared on X platform by South African Presidency Profile, "@PresidencyZA", President Cyril Ramaphosa offers his condolences to the family and friends of Dr Mboweni who has passed away following a short illness, President Cyril Ramaphosa said, "Given his sense of vitality and energetic and affable engagement with fellow South Africans, Dr Mboweni’s passing at 65 comes as a shock."
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"We have lost a leader and compatriot who has served our nation as an activist, economic policy innovator and champion of labour rights."
Dr Tito Mboweni served as the Minister of Finance during the years 1999, to 2009 in the administration of President Thabo Mbeki. Had a tenure in 2018, under President Cyril Ramaphosa.
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From 1999, to 2009 Mboweni held the role of Governor, at the South African Reserve Bank. Made history as the black individual to do so.
May his soul rest in peace