South Africa Minister of Finance | |
---|---|
National Treasury | |
Style | The Honourable |
Appointer | Cyril Ramaphosa |
Inaugural holder | Henry Charles Hull |
Formation | 1910-05-31 |
Deputy | David Masondo (ANC) Ashor Sarupen (DA) |
Salary | R2,211,937 [1] |
Website | National Treasury |
This article is part of a series on the |
Politics of South Africa |
---|
South Africaportal |
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.
Name | Portrait | Term | Party | President (since 1984) | |||
---|---|---|---|---|---|---|---|
Henry Charles Hull | 1910-05-31 | 1912 | SAP | Louis Botha (I) (II) | |||
Jan Smuts | 1912 | 1915-10-20 | SAP | ||||
Sir David Graaff | 1915 | 1916 | |||||
Henry Burton | 1916 | 1917 | SAP | ||||
Thomas Orr | 1917 | 1920-03-20 | SAP | ||||
Jan Smuts (takes office after Botha dies) | |||||||
Henry Burton | 1920-03-20 | 1924-06-19 | SAP | Jan Smuts (I) (II) | |||
N.C. Havenga | 1924-06-20 | 1939-09-04 | NP | J.B.M. Hertzog (I) (II) (III) (IV) | |||
UP | |||||||
J.F.H. Hofmeyer | 1939-09-08 | 1948-05-25 | UP | Jan Smuts (takes office after Hertzog resignation) | |||
Jan Smuts (III) | |||||||
N.C. Havenga | 1948-05-24 | 1954 | HNP | D.F. Malan (I) (II) | |||
E.H. Louw | 1954 | 1956 | HNP | ||||
Tom Naudé | 1956 | 1958-04-15 | HNP | ||||
T.E. Dönges | 1958-04-16 | 1967 | NP | Strydom (I) | |||
Hendrik Verwoerd (takes office after Strydom's death) | |||||||
Hendrik Verwoerd (I) (II) | |||||||
Nico Diederichs | 1967 | 1975 | NP | ||||
B.J. Vorster (takes office after Verwoerd's death) | |||||||
B.J. Vorster (I) (II) (III) | |||||||
Owen Horwood | 1975 | 1984 | NP | ||||
P.W. Botha (I) (II) | |||||||
Barend du Plessis | 1984 | 1992 | NP | ||||
F.W. de Klerk (I) | |||||||
Derek Keys | 1992 | 1994-09-19 | NP | ||||
Nelson Mandela (Government of National Unity) | |||||||
Chris Liebenberg | 1994-09-19 | 1996-04-04 | None | ||||
Trevor Manuel | 1996-04-04 | 2009-05-10 | ANC | ||||
Thabo Mbeki (I) (II) | |||||||
Kgalema Motlanthe (takes office after Mbeki resigns) | |||||||
Pravin Gordhan | 2009-05-11 | 2014-05-25 | ANC | Jacob Zuma (I) (II) | |||
Nhlanhla Nene | 2014-05-25 | 2015-12-09 | ANC | ||||
David van Rooyen | 2015-12-09 | 2015-12-13 | ANC | ||||
Pravin Gordhan | 2015-12-13 | 2017-03-31 | ANC | ||||
Malusi Gigaba | 2017-03-31 | 2018-02-27 | ANC | ||||
Nhlanhla Nene | 2018-02-27 | 2018-10-09 | ANC | Cyril Ramaphosa | |||
Tito Mboweni [2] | 2018-10-09 | 2021-08-05 | ANC | ||||
Enoch Godongwana | 2021-08-05 | ANC |
The Treasurerof Australia, also known as the FederalTreasurer or more simply the Treasurer, is the minister of state of the Commonwealth of Australia charged with overseeing government revenue collection, federal expenditure and economic policy as the head of the Department of the Treasury. The current treasurer is Jim Chalmers, who was selected by Prime Minister Anthony Albanese in May 2022 following the 2022 Australian federal election.
Trevor Andrew Manuel is a retired South African politician and former anti-apartheid activist who served in the cabinet of South Africa between 1994 and 2014. He was the Minister of Finance from 1996 to 2009 under three successive presidents. He was also the first post-apartheid Minister of Trade and Industry from 1994 to 1996 and later the Minister in the Presidency for the National Planning Commission from 2009 to 2014. He was a member of the National Executive Committee of the African National Congress (ANC) from 1991 to 2012.
A Commerce minister is a position in many governments that is responsible for regulating external trade and promoting economic growth. In many countries, this role is separate from a finance minister, who has more budgetary responsibilities.
Tito Titus Mboweni was a South African politician who served as Minister of Finance of South Africa in the government of President Cyril Ramaphosa from 2018 to 2021.
Grace Naledi Mandisa Pandor is a South African politician, educator and academic who served as the Minister of International Relations and Cooperation until 2024. She also served as a Member of Parliament (MP) for the African National Congress (ANC) from 1994 to 2024.
The National Treasury is one of the departments of the South African government. The Treasury manages national economic policy, prepares the South African government's annual budget and manages the government's finances. Along with the South African Revenue Service and Statistics South Africa, the Treasury falls within the portfolio of the Minister of Finance. Throughout the course of President Jacob Zuma's second administration, the ministry has undergone several changes. Most notably, Nhlanhla Nene was suddenly dismissed on 9 December 2015, without explanation, and replaced with a relatively unknown parliamentary back-bencher from the ruling ANC's caucus, David 'Des' van Rooyen for a record-total of 3 days. He was, in turn, replaced by Pravin Gordhan after the President faced significant pressure from political and business groups over the move. On 30 March 2017 Jacob Zuma axed Pravin Gordhan and appointed Malusi Gigaba as a Finance Minister. Following Zuma's resignation, President Cyril Ramaphosa returned Nhlanhla Nene as Minister in his cabinet reshuffle on 26 February 2018.
Shamsuddeen Usman,, is a Nigerian economist, banker, technocrat and public servant. He is currently the CEO of SUSMAN & Associates, an economic, financial and management consulting firm headquartered in Nigeria. He was the Finance Minister of Nigeria between June 2007 and January 2009 and also served as the Minister of National Planning from January 2009 to September 2013. Usman is the Chairman of Citibank Nigeria Limited.
Nhlanhla Musa Nene served as the Minister of Finance of South Africa under President Jacob Zuma from 25 May 2014 until his controversial removal on 9 December 2015, and under President Cyril Ramaphosa from 27 February 2018 until his resignation on 9 October 2018. He also previously served as the Deputy Minister of Finance in the Cabinet of South Africa from November 2008 to May 2014, as chairperson of the Finance Portfolio Committee in the South African Parliament, and as a Member of Parliament for the African National Congress (ANC) starting in 1999. His home is in Kranskop, KwaZulu-Natal.
The Public Investment Corporation (PIC) is a South African state-owned entity (SOC) with R2.548 trillion of assets under management as of 31 March 2022. It is Africa's largest asset manager. Established in 1911, it holds large stakes in several South African companies, and is one of the entities through which the government implements its policy of Broad-Based Black Economic Empowerment. The PIC is also responsible for investing in the South African Government Employees Pension Fund (GEPF).
Pravin Jamnadas Gordhan was a South African politician and anti-apartheid activist who held various ministerial posts in the Cabinet of South Africa. He served as Minister of Finance from 2009 until 2014, and again from 2015 until 2017, as Minister of Cooperative Governance and Traditional Affairs from 2014 until 2015, and as Minister of Public Enterprises from February 2018 until June 2024, when the entire Department of Public Enterprises and its ministry were abolished following the 2024 general elections.
Dion George is a South African politician who is currently serving as the Minister of Environment, Forestry and Fisheries since July 2024. He is a Member of Parliament for the Democratic Alliance (DA) He is the Federal Finance Chair of the DA, and is a member of the Party’s Federal Council, Federal Executive and National Management Committee. He also serves as a member–elected Trustee and Chair of the Investment Sub–Committee of the Political Office Bearers Pension Fund.
Mpho Franklyn Parks Tau is a South African politician who was appointed as Minister of Trade, Industry and Competition from 3 July 2024.
Nyiko Floyd Shivambu is a South African politician who served as a member of parliament for the Economic Freedom Fighters until 15 August 2024, when he joined Jacob Zuma's uMkhonto weSizwe.
The Ministry of Finance is an Indonesian government ministry responsible for the nation's finance and state assets. The finance minister is responsible to the President. The ministry's motto is Nagara Dana Rakça, which means "guardian of state finance".
The second cabinet of Jacob Zuma was the cabinet of the government of South Africa between 25 May 2014 and 14 February 2018. It was formed by Zuma after his re-election in the 2014 general election, and it served until Zuma resigned as President of South Africa on 14 February 2018. Comprising 35 ministers, the cabinet changed in composition on several occasions between 2015 and 2017, most notably in a major cabinet reshuffle in March 2017.
The First Cabinet of Cyril Ramaphosa was the cabinet of the government of South Africa between 27 February 2018 and 29 May 2019. It was formed by Ramaphosa after he won a midterm election to succeed Jacob Zuma as President of South Africa. It comprised 33 ministers and served until the 2019 general election.
Sfiso Norbert Buthelezi is a South African politician and member of the National Assembly of South Africa. He is a member of the country's ruling party, the African National Congress.
Mondli Gungubele is a South African politician and trade unionist who is the current Deputy Minister of Communications and Digital Technologies and a member of the National Assembly of South Africa for the African National Congress. He previously served as Executive Mayor of the Ekurhuleni Metropolitan Municipality (2010–2016), as Deputy Minister of Finance (2018–2019), as Chairperson of the Social Development Committee (2019–2021) and as Minister in the Presidency (2021–2023).
Mmamoloko Tryphosa Kubayi is a South African politician who is the Minister of Justice and Constitutional Development and a Member of the National Assembly for the African National Congress (ANC). She is also the current head of the African National Congress's economic transformation subcommittee in the national executive committee (NEC). She was the Minister of Energy in 2017, the Minister of Communications from 2017 to 2018, the Minister of Science and Technology from 2018 to 2019, Minister of Tourism from 2019 to 2021, and Minister of Human Settlements from 2021 to 2024.
Patrick George Atkinson is a South African politician who has served as a Democratic Alliance Member of the Gauteng Provincial Legislature. Previously he served as a City of Johannesburg municipal councillor from 2019 to 2022 and as the Shadow Deputy Minister of Economic Development and as a Member of the National Assembly of South Africa between 2014 and 2019.