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 | |
---|---|
National Treasury | |
Style | The Honourable |
Appointer | Cyril Ramaphosa |
Inaugural holder | Henry Charles Hull |
Formation | 1910-05-31 |
Deputy | David Masondo |
Salary | R2,211,937[1] |
Website | National Treasury |
Name | Portrait | Term | Party | President (since 1984) | |||
---|---|---|---|---|---|---|---|
Henry Charles Hull | 1910-09-15 | 1912 | SAP | Louis Botha (I) (II) | |||
Jan Smuts | 1912 | 1915-10-20 | SAP | ||||
Henry Burton | 1915-10-20 | 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 | present | ANC |