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South Africa’s finance minister names acting Treasury head

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Enoch Godongwana, South Africa’s finance minister, speaks throughout a information convention forward of the funds presentation in Cape City, South Africa, on Wednesday, Feb. 23, 2022. South Africas rand edged greater in opposition to the greenback forward of the presentation of the nations funds. Photographer: Dwayne Senior/Bloomberg by way of Getty Pictures

JOHANNESBURG, June 8 (Reuters) – South Africa’s Finance Minister, Enoch Godongwana, on Wednesday named skilled Nationwide Treasury official Ismail Momoniat because the physique’s appearing director-general, after the earlier head selected to not prolong his contract.

The finance ministry stated in April that Dondo Mogajane would go away the put up of director-general in June “to pursue new alternatives exterior of the general public sector” after 23 years with the Treasury. Learn full story

Momoniat has labored on the Treasury for 27 years, 22 of them as deputy director-general. Just lately his focus has been on tax and monetary sector coverage.

“I’m assured that Mr Momoniat will hold a gradual hand on the until of the organisation, steering the division to satisfy our strategic agenda whereas guaranteeing continuity,” Godongwana stated in a press release.

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