Former South African Reserve Bank (SARB) chief economist and executive GM Dr Monde Mnyande passed away on August 2 following a short illness.
Mineral Resources and Energy Minister Gwede Mantashe on August 3 said Mnyande joined the Department of Mineral Resources and Energy (DMRE) team when he was appointed chairperson of the Central Energy Fund (CEF) in October 2019.
As former SARB chief economist, Mnyande was tasked with bringing good governance to the CEF and all its subsidiaries. Key to this, was the rationalisation of PetroSA, the Strategic Fuel Fund (SFF) and iGas to form a single National Petroleum Company.