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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
Flag of South Africa.svg
TitoMboweni
Incumbent
Tito Mboweni

since 2018-10-09
National Treasury
StyleThe Honourable
AppointerCyril Ramaphosa
Inaugural holderHenry Charles Hull
Formation1910-05-31
DeputyMondli Gungubele
SalaryR2,211,937[1]
WebsiteNational Treasury

List, 1910-presentEdit

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 present ANC

ReferencesEdit

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

External linksEdit