8 June 2017
The Banking Association South Africa welcomes the appointment of Dondo Mogajane as Director General of National Treasury. This is a clear sign of the institutional stability of National Treasury and bodes well for boosting local and international confidence in the country.
The appointment of Mr Mogajane is a step in the right direction by Cabinet. He has almost two decades of experience at National Treasury, and is a highly capable finance professional. We regard his appointment as a harbinger of the policy continuity promised by the Minister of Finance.
Mr Mogajane has been involved in the CEO Initiative, where he had been very active on behalf of National Treasury.
This quick, decisive and prudent appointment will contribute towards local and international investors looking favourably at South Africa. We look forward to working with Dondo in his new role, and the rest of the National Treasury team to place our economy on an inclusive growth path.