Minister of Finance (South Africa)

Last updated

South Africa
Minister of Finance
Flag of South Africa.svg
SA Finance Minister Godongwana with US Treasury Secretary Yellen in 2022 (cropped).jpg
Incumbent
Enoch Godongwana
since 5 August 2021
National Treasury
Style The Honourable
Appointer Cyril Ramaphosa
Inaugural holder Henry Charles Hull
Formation1910-05-31
Deputy David Masondo
Salary R2,211,937 [1]
Website National Treasury

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.

Contents

List, 1910–present

NamePortraitTermPartyPresident
(since 1984)
Henry Charles Hull 1910-09-151912 SAP Louis Botha
(I) (II)
Jan Smuts Picture of Jan Christiaan Smuts.jpg 19121915-10-20 SAP
Henry Burton
Smuts Cabinet 1923.jpg
1915-10-201917 SAP
Thomas Orr 19171920-03-20 SAP
Jan Smuts
(takes office after Botha dies)
Henry Burton
Smuts Cabinet 1923.jpg
1920-03-201924-06-19 SAP Jan Smuts
(I) (II)
N.C. Havenga Havenga.jpg 1924-06-201939-09-04 NP J.B.M. Hertzog
(I) (II) (III) (IV)
UP
J.F.H. Hofmeyer Hofmeyr.jpg 1939-09-081948-05-25 UP Jan Smuts
(takes office after Hertzog resignation)
Jan Smuts
(III)
N.C. Havenga Havenga.jpg 1948-05-241954 HNP D.F. Malan
(I) (II)
E.H. Louw Eric Louw.jpeg 19541956 HNP
Tom Naudé Tom Naude 1962.jpg 19561958-04-15 HNP
T.E. Dönges Donges cropped.jpg 1958-04-161967 NP Strydom
(I)
Hendrik Verwoerd
(takes office after Strydom's death)
Hendrik Verwoerd
(I) (II)
Nico Diederichs Nicolaas Diederichs.jpg 19671975 NP
B.J. Vorster
(takes office after Verwoerd's death)
B.J. Vorster
(I) (II) (III)
Owen Horwood 19751984 NP
P.W. Botha
(I) (II)
Barend du Plessis 19841992 NP
F.W. de Klerk
(I)
Derek Keys Derek Keys.jpg 19921994-09-19 NP
Nelson Mandela
(Government of National Unity)
Chris Liebenberg Chris Liebenberg.jpg 1994-09-191996-04-04None
Trevor Manuel Trevor Manuel, IMF 62PH030922AAH.jpg 1996-04-042009-05-10 ANC
Thabo Mbeki
(I) (II)
Kgalema Motlanthe
(takes office after Mbeki resigns)
Pravin Gordhan Pravin Gordhan 2015.jpg 2009-05-112014-05-25 ANC Jacob Zuma
(I) (II)
Nhlanhla Nene 2014-05-252015-12-09 ANC
David van Rooyen 2015-12-092015-12-13 ANC
Pravin Gordhan Pravin Gordhan 2015.jpg 2015-12-132017-03-31 ANC
Malusi Gigaba Malusi Gigaba.jpg 2017-03-312018-02-27 ANC
Nhlanhla Nene2018-02-272018-10-09 ANC Cyril Ramaphosa
Tito Mboweni [2] TitoMboweni.jpg 2018-10-092021-08-05 ANC
Enoch Godongwana 2021-08-05present ANC

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References

  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.