Former South African Finance Minister and Reserve Bank Governor, Tito Titus Mboweni, has died at the age of 64. .Mboweni passed away in a Johannesburg hospital, surrounded by his loved ones."It is with deep sadness that the Mboweni family announces the passing of former Reserve Bank governor and minister of finance, Tito Titus Mboweni. The family is devastated by governor Mboweni's passing after a short illness," the statement read.
During his tenure, Mboweni introduced key policies like inflation targeting, which helped stabilise the country’s economy and currency in difficult periods.“I extend my deepest condolences to the family, friends, and colleagues of the late Comrade Tito Mboweni. His passing is a profound loss for South Africa, as he was a dedicated public servant who played a crucial role in shaping the country’s economic policies.
Nothing could have prepared us for this immense loss. My heart aches for the family and loved ones of our dear comrade. His absence leaves a void that can never be filled. Tito's legacy will inspire us forever. Rest in power, comrade. You will be deeply missed. He earned a Bachelor of Arts in Economics and Political Science from the National University of Lesotho, followed by a Master of Arts in Development Economics from the University of East Anglia in England.
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