Following a dramatic week and a half that saw a cabinet reshuffle involving South Africa’s then Finance Minister Pravin Gordhan and his Deputy Mcebisi Jonas, National Treasury’s Director General Lungisa Fuzile will be leaving the government department.
The revelation comes a day after Finance Minister Malusi Gigaba appointed Thamsanqa Msomi (political) and Kholeka Gcaleka (legal) as advisers.
Msomi, was Gigaba’s Legal Adviser at the Department of Home Affairs. He is also an Independent Non-Executive Director at Denel and
Gcaleka was previously the chairperson of the Society of State Advocates of South Africa and state prosecutor in the murder case against former crime intelligence boss Richard Mdluli.
According to a statement issued by Treasury, Fuzile’s contract was due to end in May 2018, however last week he asked Gordhan for a redetermination of his contract with the exit date of 15 May 2017.
The statement went on to add the below:
He has been indicating his desire to leave the Treasury for some time.
In the past few days, Fuzile has been focusing on ensuring a smooth hand over to Minister Malusi Gigaba. Whilst Fuzile has indicated his flexibility to stay on for reasonable amount of time if needed, he and the Minister are in discussions on how to ensure that a smooth transition and the institutional strength of National Treasury is sustained and reinforced.
On continuity Fuzile says, his departure and that of his previous principals should not necessarily lead to a change of course as the mandate of National Treasury is reinforced by the Constitution and a number of other legislations, Fuzile says. He says, National Treasury officials are competent, highly skilled professionals who are very conscious of their higher duty. Their commitment and diligence is not attached to a Minister, and they will continue to serve the nation to ensure protection of the fiscus and the sound financial management in South Africa under the current leadership of Minister Malusi Gigaba and Deputy Minister Sfiso Buthelezi.