The appointment of experienced Treasury technocrat Dondo Mogajane as its director-general has been welcomed by the financial community and Treasury staff for the promise of stability it brings to the institution. Mogajane has served at the Treasury in various capacities since 1999, including four years as former finance minister Pravin Gordhan’s chief-of-staff and one year as its chief operating officer under former finance minister Nhlanhla Nene. He had been the acting director-general since his predecessor, Lungisa Fuzile, resigned in mid-May, following President Jacob Zuma’s axing of Gordhan and former deputy finance minister Mcebisi Jonas in a midnight cabinet reshuffle. Mogajane’s appointment undoes some of the damage that Finance Minister Malusi Gigaba did to business and investor confidence when he appointed militant Marxist, Wits economics professor Chris Malikane, as special adviser in April. "Mr Mogajane is a solid candidate and is widely considered to be a public servant ...

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