Tito Mboweni, Former Minister Under Nelson Mandela dies

Tito Mboweni, the former South African Minister known for his pivotal role in shaping the country's labor laws after apartheid, has passed away at the age of 65, as confirmed by the South African presidency.

"President Cyril Ramaphosa extends his condolences to the family and friends of Dr. Mboweni," stated the presidency, noting his death came as a shock.

Mboweni, who also served as an anti-apartheid activist, was influential in economic policy within the African National Congress (ANC). After returning from exile in Lesotho in 1990, he embarked on an extensive political career.

He was the Minister of Labour from 1994 to 1998 under President Nelson Mandela and later served as the Governor of the South African Reserve Bank from 1999 to 2009.

He also held the position of Minister of Finance from 2018 to 2021 under President Ramaphosa, during the challenging times of the Covid-19 pandemic. Known for his fiscal prudence, Mboweni was considered the architect of post-apartheid labor law in South Africa.