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Flags Lowered to Honor Former Finance Minister, Tito Mboweni

President Cyril Ramaphosa has directed that all South African flags be flown at half mast in honor of former Finance Minister Tito Mboweni.

Mboweni will be buried at a Special Official Funeral Category 2 in his home province of Limpopo over the weekend.

Mboweni, a former Member of Parliament, Minister of Finance, and Governor of the South African Reserve Bank, died on Saturday, October 12, following a brief illness. He was 65 years old.

He began political involvement in the 1980s and left his studies to go into exile. When he returned, he was appointed Minister of Labour following the first democratic elections in 1994 and remained in that role until 1998.

In 1998, he was appointed Advisor to the Reserve Bank Governor, and from 1999 to 2009, he served as the Reserve Bank’s first black Governor, a duty he performed admirably.

President Ramaphosa named Mboweni as Minister of Finance in 2018, and he served until 2021. Cde Mboweni was a Member of Parliament who sat on the Portfolio Committee on Water and Sanitation from August 2021 to his retirement on February 1, 2022.

Tributes have flooded in following his death.

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