By Lehlohonolo Lehana.
National Treasury Director-general Dondo Mogajane will leave his post at the National Treasury on June 7 after deciding not to extend his contract.
He has decided to “pursue new opportunities outside the public sector”, the Treasury said in a statement on Thursday.
In a statement , Finance minister Enoch Godongwana thanked Mogajane for his service:
“Mogajane has served the National Treasury for 23 years of which the last five years have been as the Director-General. Under his leadership, the National Treasury has successfully navigated unprecedented challenges.
He has been a dedicated and committed leader who has guided the department in delivering on its mandate of ensuring fiscal sustainability and he is leaving at a time when public finances are recovering from the COVID-19 induced shock.”
Mogajane said in an interview on Thursday that he believes that he has done his time in government and wants to move on. This would give others the opportunity to lead and bring in fresh ideas and fresh energy, he said.
A process to recruit a new director-general had already started, the ministry said.
In its annual budget unveiled in February, the Treasury said it expected public debt to peak sooner and at a lower level than earlier thought, as mining tax receipts support revenues.