Mo­ga­jane gets the thumbs up

CityPress - - Business - DEWALD VAN RENS­BURG and LE­SETJA MALOPE busi­ness@city­press.co.za

Fol­low­ing the ap­point­ment of Dondo Mo­ga­jane as Trea­sury di­rec­tor-gen­eral (DG), City Press cast about for some sen­ti­ment on his ap­point­ment. There was broad con­sen­sus from busi­ness groups who were happy to see a fa­mil­iar face take over at Na­tional Trea­sury. Sim Tsha­bal­ala, CEO of Stan­dard Bank: “I have had the priv­i­lege and plea­sure of work­ing with Dondo Mo­ga­jane ... dur­ing many in­vestor road shows and pol­icy en­gage­ments over the decades.” “The DG is truly a world-class pro­fes­sional. He is cut from the same cloth as his il­lus­tri­ous pre­de­ces­sors in the job – he’s the em­bod­i­ment of the tra­di­tion of excellence, in­tegrity and pa­tri­o­tism that makes Na­tional Trea­sury one of our greatest na­tional as­sets. “He’s been a key mem­ber of the team that has en­sured that South Africa is rated third in the world for bud­get transparency. From ev­ery­thing I have seen of him, he is also a man of im­pec­ca­ble per­sonal char­ac­ter. “His per­ma­nent ap­point­ment as DG was an ex­cel­lent sig­nal to the in­ter­na­tional and lo­cal mar­kets and to the fi­nan­cial sec­tor. We are cer­tain that he will pro­vide much-needed con­ti­nu­ity and re­silience at Na­tional Trea­sury and en­sure that the govern­ment’s com­mit­ments to fis­cal dis­ci­pline and pol­icy con­ti­nu­ity are ef­fi­ciently and thor­oughly achieved. Tanya Co­hen, CEO of Busi­ness Unity SA: “We wel­come the ap­point­ment of Dondo Mo­ga­jane. It re­moves uncer­tainty and brings con­fi­dence.

“The ap­point­ment of a well-known and re­spected in­di­vid­ual, who has worked at a se­nior level in Na­tional Trea­sury, to a crit­i­cal po­si­tion is a pos­i­tive de­vel­op­ment. He has been closely in­volved in Ned­lac on a num­ber of is­sues and is part of the Na­tional Trea­sury team on the CEO Ini­tia­tive.”

The Black Busi­ness Coun­cil (BBC) wel­comed Mo­ga­jane’s ap­point­ment and heaped praise on him.

BBC pres­i­dent Danisa Baloyi said: “His im­me­di­ate ap­point­ment by the Min­is­ter of Fi­nance, Mr [Malusi] Gigaba, clearly demon­strates that, in­deed, the min­is­ter has a com­mit­ment and an ur­gency to ad­vance South African eco­nomic growth”. . Ge­orge Se­bulela, BBC sec­re­tary-gen­eral, added that Mo­ga­jane has been a team leader for a BBC and Trea­sury com­mit­tee that was ap­pointed by for­mer min­is­ter Pravin Gord­han to ad­dress the BBC’s con­cerns re­gard­ing rad­i­cal eco­nomic trans­for­ma­tion re­quire­ments.

The DA’s spokesper­son on fi­nance David

Maynier said in a state­ment that the party wel­comed the ap­point­ment and was re­lieved that Brian Molefe had not been ap­pointed to the po­si­tion. “We wel­come the ap­point­ment of Dondo Mo­ga­jane as the di­rec­tor-gen­eral of Na­tional Trea­sury. His ap­point­ment puts to rest fears that a rogue, such as Brian Molefe, may have been ap­pointed to the top job at Na­tional Trea­sury.

“The fact is Dondo Mo­ga­jane is a ca­reer pro­fes­sional with nearly eigh­teen years of ser­vice in se­nior po­si­tions within Na­tional Trea­sury. We wish him well be­cause he is go­ing to have his hands full fight­ing off the fix­ers, rent-seek­ers and state cap­tur­ers who are des­per­ate to get their hands on Na­tional Trea­sury.”

Trade union Cosatu spokesper­son Sizwe

Pamla said the fed­er­a­tion had yet to dis­cuss the ap­point­ment. “We still have to dis­cuss about the ap­point­ment be­cause for us it’s not just about the in­di­vid­ual and qual­i­fi­ca­tions, but what it means.”

For­mer deputy fi­nance min­is­ter Mce­bisi

Jonas said dur­ing a re­cent Busi­ness Lead­er­ship SA event that the de­ci­sion to ap­point Mo­ga­jane was the right call.

Ned­bank CEO Mike Brown joined the queue of ap­proval. “Ned­bank wel­comes the ap­point­ment of Dondo Mo­ga­jane as the DG at Trea­sury. In this very chal­leng­ing time for our econ­omy this is an im­por­tant sig­nal of con­ti­nu­ity.”

Dondo Mo­ga­jane

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