Treasury's DG Fuzile resigns
The Director General of National Treasury Lungisa Fuzile has resigned.
According to Treasury, Fuzile's contract was due to end in May 2018. However, last week he requested former minister Pravin Gordhan for a redetermination of his contract with the exit date of 15 May 2017.
Fuzile's resignation comes less than a week after the cabinet reshuffle which saw Gordhan removed as Finance Minister.
Treasury spokesperson Yolisa Tyantsi says Fuzile 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," says Tyantsi.
Fuzile leaves National Treasury after 20 years of service.
He moved within the ranks from a Deputy Director after joining in 1998.
In May 2017, he would be completing his sixth year as Director General of National Treasury.