SOUTH Africa’s Finance Ministry moved to allay concerns about the loss of key personnel at the National Treasury as it announced the pending departure of the department’s top official.
Dondo Mogajane, will step down in June after serving for more than two decades at the Treasury, including the past five years as director-general.
His exit will follow that of at least five other high-profile staff members, all of whom regularly interacted with investors, and is a blow for Finance Minister Enoch Godongwana, who in February said he wanted Mogajane to stay on because he was focused on building stability at the department.
“The imminent filling of senior positions in the National Treasury will further strengthen the organisation,” the Finance Ministry said Thursday in a statement.
“The National Treasury has a deep reserve of skilled officials with extensive experience who will continue to deliver on the service-delivery obligations of the department.”
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