(N Mtolo)

The African National Congress moves without notice: That the House

1. notes with sadness the passing on of former Governor of the South African Reserve Bank and Labour and Finance Minister, Dr Tito Mboweni on Saturday 12 October 2024, at the age of 65, following a brief illness;
2. remembers that Dr Mboweni was the democratic South Africa’s first Minister of Labour from 1994 to 1999 in the Cabinet of Founding President Nelson Mandela;
3. further remembers that he served as Governor of the South African Reserve Bank for a decade from 1999;
4. recalls that from 2018 to 2021, Dr Mboweni served as Minister of Finance in the administration led by President Ramaphosa;
5. acknowledges that he distinguished himself in different strategic roles in the private sector and was a flag bearer in global forums for our economy and developing economies more broadly;
6. believes that as a country we have lost a leader and compatriot who has served our nation as an activist, economic policy innovator and champion of labour rights; and
7. conveys its deepest condolences to the family and friends of Dr Mboweni.