Tito Mboweni, a key figure in South African politics and former Minister of Finance, has died after a short illness. His family confirmed the news in a statement early Saturday, sparking a wave of grief across the country.
Mboweni, 68, served as Minister of Finance under President Cyril Ramaphosa from February 2018 until the end of 2023. Known for his frank communication and focus on economic reform, Mboweni played a key role in steering South Africa through the post-Zuma era economic challenges, with particular emphasis on fiscal responsibility and economic recovery.
Born in the former Lebowa bantustan, Mboweni’s rise from humble beginnings to become one of the country’s most influential leaders is often hailed as inspirational. His political career with the African National Congress (ANC) began in the 1980s during the anti-apartheid struggle, where he quickly rose through the ranks, earning respect. thanks to his sharp analytical mind and dedication to economic reform.
As Finance Minister, Mboweni guided South Africa through various economic crises, including global financial turmoil and local political turmoil. He is known for his pragmatic approach to managing budget deficits and his candid, humorous presence on social media, making complex economic issues accessible to ordinary people.
Tributes have poured in from all political corners. President Cyril Ramaphosa expressed deep sadness, describing “Mboweni’sindomitable spirit and tireless dedication to the economic stability of the country.” He commented: “Tito was not just a minister; He was a visionary and worked tirelessly for the future prosperity of South Africa..”
Opposition leaders, including the Democratic Alliance, also paid tribute, noting “Tough love” Approach to economic management—sometimes controversial, but always with the long-term interests of the country in mind.
Funeral arrangements have not yet been announced, although a day of national mourning is expected.
