We've got news for you.

Register on BusinessLIVE at no cost to receive newsletters, read exclusive articles & more.
Register now

Finance minister Malusi Gigaba’s name has been in the headlines a lot lately, and mostly for the wrong reasons. The revelation that he appears to have facilitated the Guptas’ state capture project overshadowed news last week that he had appointed experienced treasury technocrat, Dondo Mogajane, as his director-general (DG). The appointment was welcomed by the financial community and treasury staff because of the continuity and stability it brings to the institution. Treasury has found itself at the heart of the state capture narrative over the past two years and the weakening of the institution has contributed to the spate of recent downgrades to SA’s credit rating. There had been fears that Gigaba would make a politically motivated appointment, so it surprised many when he appointed treasury veteran Mogajane, who served as former finance minister Pravin Gordhan’s chief of staff for four years and was also the chief operating officer under former finance minister Nhlanhla Nene. Moga...

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.

Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now