Ismail Momoniat to hold the fort at Treasury for a year
A final decision on who will take over the role is yet to be made, leaving race for the third-in-command of SA’s national purse wide open
The interim director-general at the National Treasury, Ismail Momoniat, will remain in the position for 12 months beyond August as the department continues its search to replace Dondo Mogajane, who vacated the position in June, say sources with direct knowledge of the matter.
Though the search for a permanent replacement for Mogajane continues, Business Day understands that Momoniat’s contract has been extended by a year to work on specific projects, such as finalising SA’s antiterrorism and anti-money laundering efforts to avoid greylisting by the Financial Action Task Force (FTAF), as well as the medium-term budget policy statement in October...
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