The news that National Treasury director-general Lungisa Fuzile will remain in his position for two more years is good for South Africa.

Over the past five years, Lungisa Fuzile has been tried-and-tested: he has the leadership skills, experience and integrity necessary to lead the National Treasury.

The fact that Lungisa Fuzile’s contract has been extended is a victory for the Minister of Finance, Pravin Gordhan, and a blow to those who are determined to capture the National Treasury.

We wish him well with all the challenges that lie ahead at the National Treasury.

Issued by DA