Former Sarb governor assumes finance minister role

Tito Mboweni
World Economic Forum

A former governor of the South African Reserve Bank has been chosen to lead the country’s finance ministry following the resignation of Nhlanhla Nene on October 9.

Tito Mboweni, who served as governor of the central bank for a decade starting in 1999, was chosen by president Cyril Ramaphosa to succeed Nene, a statement from the president’s office said.

“As former governor of the South African Reserve Bank … Mr Mboweni brings to this position vast experience in the areas of finance, economic

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