Tito Mboweni, known for his strategic economic contributions and advocacy for labor rights, has passed away at 65 after a short illness, announced the South African presidency. A key figure in post-apartheid governance, Mboweni's career included roles such as the first black central bank governor and finance minister, where he helped stabilize the economy. His family said he died in Johannesburg surrounded by loved ones. Mboweni spent his exile years in Lesotho and the UK, denouncing nationalism and xenophobia. His ten years as central bank governor earned him accolades, notably for controlling inflation. After a private sector stint, he returned as finance minister in 2018, despite expressing a desire for new leadership. Known for his laidback persona, Mboweni also engaged South Africans with his cooking posts on social media. His death has been met with remarks celebrating his irreplaceable influence. Mboweni's legacy is marked by his principled debates, policy leadership, and a commitment to social justice.
South Africa Mourns Influential Economist and Politician Tito Mboweni
South Africa Mourns Influential Economist and Politician Tito Mboweni
Tito Mboweni, South Africa's former finance minister and the first black central bank governor, dies at 65 following a brief illness.
Tito Mboweni, a leading figure in South Africa's political and economic landscape, has died at the age of 65 after a short illness, the presidency confirmed. Renowned as the country's first black central bank governor and later as finance minister, Mboweni was celebrated for his commitment to labor rights and economic reform. President Cyril Ramaphosa hailed him as an activist who significantly impacted the nation. Mboweni, who spent years in exile during apartheid, held strong international ties and vocally opposed nationalism and xenophobia. His leadership in post-apartheid labor laws and his performance as central bank governor earned him widespread admiration. He later served as an adviser in the private sector before returning to public service. Remembered for his principled debate style and modesty, Mboweni leaves a legacy deeply rooted in South African history.
