Minister of Finance (South Africa)

The minister of Finance is a minister in the Cabinet of South Africa who is the political head of the National Treasury. The minister of Finance is responsible for the financial management of government affairs, drawing up the budget, and developing economic policy (in cooperation with the minister of Economic Development and the minister of Trade and Industry). The minister of Finance is also responsible for the South African Revenue Service.

South Africa
Minister of Finance
Incumbent
Enoch Godongwana
since 5 August 2021
National Treasury
StyleThe Honourable
AppointerCyril Ramaphosa
Inaugural holderHenry Charles Hull
Formation1910-05-31
DeputyDavid Masondo
SalaryR2,211,937[1]
WebsiteNational Treasury

List, 1910–present edit

NamePortraitTermPartyPresident
(since 1984)
Henry Charles Hull1910-09-151912SAPLouis Botha
(I) (II)
Jan Smuts 19121915-10-20SAP
Henry Burton1915-10-201917SAP
Thomas Orr19171920-03-20SAP
Jan Smuts
(takes office after Botha dies)
Henry Burton1920-03-201924-06-19SAPJan Smuts
(I) (II)
N.C. Havenga 1924-06-201939-09-04NPJ.B.M. Hertzog
(I) (II) (III) (IV)
UP
J.F.H. Hofmeyer 1939-09-081948-05-25UPJan Smuts
(takes office after Hertzog resignation)
Jan Smuts
(III)
N.C. Havenga 1948-05-241954HNPD.F. Malan
(I) (II)
E.H. Louw 19541956HNP
Tom Naudé 19561958-04-15HNP
T.E. Dönges 1958-04-161967NPStrydom
(I)
Hendrik Verwoerd
(takes office after Strydom's death)
Hendrik Verwoerd
(I) (II)
Nico Diederichs 19671975NP
B.J. Vorster
(takes office after Verwoerd's death)
B.J. Vorster
(I) (II) (III)
Owen Horwood19751984NP
P.W. Botha
(I) (II)
Barend du Plessis19841992NP
F.W. de Klerk
(I)
Derek Keys 19921994-09-19NP
Nelson Mandela
(Government of National Unity)
Chris Liebenberg 1994-09-191996-04-04None
Trevor Manuel 1996-04-042009-05-10ANC
Thabo Mbeki
(I) (II)
Kgalema Motlanthe
(takes office after Mbeki resigns)
Pravin Gordhan 2009-05-112014-05-25ANCJacob Zuma
(I) (II)
Nhlanhla Nene2014-05-252015-12-09ANC
David van Rooyen2015-12-092015-12-13ANC
Pravin Gordhan 2015-12-132017-03-31ANC
Malusi Gigaba 2017-03-312018-02-27ANC
Nhlanhla Nene2018-02-272018-10-09ANCCyril Ramaphosa
Tito Mboweni[2] 2018-10-092021-08-05ANC
Enoch Godongwana2021-08-05presentANC

References edit

  1. ^ "Determination salaries and allowances of the Deputy President, Ministers and Deputy Ministers Archived 29 January 2016 at the Wayback Machine", Proclamation No. 3 of 2015.
  2. ^ Pather, Ra'eesa (9 October 2018). "Nene out: Tito Mboweni appointed new finance minister". Mail & Guardian Online. Kiri Rupiah, Franny Rabkin. Retrieved 10 October 2018.

External links edit