President Ramaphosa hails Tito Mboweni for his contribution to SA’s labour & economic landscape

President Ramaphosa hails Tito Mboweni for his contribution to SA’s labour and economic landscape!

President Cyril Ramaphosa has paid a heartfelt tribute to the late former Finance Minister Tito Mboweni, highlighting his lasting impact on South Africa’s economic and labor sectors.

Delivering the eulogy at Mboweni’s category two special official funeral in Limpopo on Saturday, Ramaphosa remembered him as a dedicated leader who made significant contributions to the country throughout his career.

Mboweni, who passed away at the age of 65 following a short illness, was the first Labour Minister in democratic South Africa and later served as Governor of the South African Reserve Bank (SARB) and Minister of Finance. His passing marks the end of a distinguished public service career that spanned decades and helped shape the country’s economic framework.

In his speech, Ramaphosa described Mboweni as not only a leader but also a friend, teacher, and compatriot, who embodied humility and dedication to the nation. “He was respected by leading economists, titans of business, labor leaders, and ordinary people in our country.

Yet despite his stature and profile, he never lost the common touch,” the president said, reflecting on Mboweni’s unique ability to connect with people from all walks of life. “He had a gift to connect to people. He understood them, and he had a way to make people feel special and made them have a sense that they mattered,” Ramaphosa added, praising Mboweni’s ability to make everyone feel valued, regardless of their background.

Mboweni’s contributions to South Africa’s economic stability were particularly highlighted during the funeral service. Ramaphosa praised the late minister’s role in navigating South Africa through challenging economic times, including the fallout from state capture and the global COVID-19 pandemic.

Mboweni took over as Finance Minister at a time when South Africa’s economy was struggling with corruption scandals and weakening public institutions. His tenure, which spanned from 2018 to 2021, was characterized by his commitment to fiscal discipline and his efforts to reduce the country’s mounting debt.

“He became Minister of Finance when the country was emerging from the era of state capture and as the country had to confront a devastating global pandemic,” Ramaphosa said. During this critical period, Mboweni’s steady leadership in the implementation of fiscal and monetary policies was instrumental in restoring confidence in South Africa’s financial institutions and stabilizing the economy.

Ramaphosa also emphasized Mboweni’s many roles, both in public service and in his personal life. Known for wearing many hats, Mboweni was a figure who could move seamlessly between the worlds of economics, politics, and business, while maintaining a strong sense of social responsibility.

He was known for his strong opinions and often used social media to share his thoughts on a wide range of issues, from governance to food. Despite his prominence, Mboweni remained grounded, a quality that endeared him to many.

Born in Tzaneen, Limpopo, Mboweni’s journey from a small village to becoming one of the most respected leaders in South Africa’s government is a testament to his dedication and vision. After studying economics in Lesotho and the United Kingdom, he returned to South Africa to contribute to the newly formed democratic government.

His work as Labour Minister in the post-apartheid era laid the foundation for improved labor rights, and as SARB Governor, he gained widespread respect for his management of South Africa’s monetary policy.

Mboweni’s final resting place will be in his home province of Limpopo, where family and close friends were set to accompany him in a private burial later on Saturday.

His death has left a void in the South African political and economic landscape, but his legacy of public service, economic reform, and commitment to the country’s development will continue to inspire future generations.

As South Africa bids farewell to Tito Mboweni, his contributions to the nation’s economic and political frameworks remain firmly imprinted in the country’s history.

President Ramaphosa’s words captured the sentiment of many who admired Mboweni for his unwavering dedication to South Africa’s progress and his unique ability to connect with people on a personal level, even as he managed complex national issues.

In other news – Inside Andile and Tamia Mpisane’s lavish 1st birthday party for their little princess – VIDEO

Mzansi football star, Andile Mpisane and his wife, Tamia, recently celebrated their second daughter, Messiah Shauwn Junior’s first birthday with a lavish party that could only be described as a fairy tale come to life.

The couple went all out to mark this special milestone, pulling out all the stops to create an event that was as magical as it was extravagant. It was clear that no expense was spared in ensuring that their daughter’s first birthday was a truly memorable occasion. Read More

The post President Ramaphosa hails Tito Mboweni for his contribution to SA’s labour & economic landscape appeared first on News365.co.za.