New finance minister's career highlights

2015-12-11 07:06
David van Rooyen (News24)

David van Rooyen (News24)

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WATCH: New finance minister sworn in at Union Buildings

2015-12-10 14:39

ANC MP David van Rooyen has been sworn in as the new Finance Minister of South Africa at the Union Buildings in Pretoria. Watch.WATCH

Johannesburg - David van Rooyen was appointed as the new finance minister after President Jacob Zuma made the shock announcement that Nhlanhla Nene had been removed from the post.

Van Rooyen was sworn in on Thursday.

Following the decision, the rand plummeted to more than R15 to the dollar, with some economists saying that Nene’s removal might create an uncertain future for South Africa’s economy.

In a statement, Zuma said that while Nene "had done well since his appointment... during a difficult economic climate", he would now be moved to a "strategic position".

According to the ANC, Van Rooyen was more than qualified for the role and had held a number of leadership positions in the ANC from 1994 to 2007.

Among his qualifications are that he has an advanced Business Management diploma, a diploma in Municipal Governance, a certificate in Municipal Governance, a certificate in Councillor Development, a certificate in Municipal Finance, a certificate in Economic and Public Finance and a masters degree in Public Development and Management.

Fin24 reported earlier that Van Rooyen was a former Umkhonto we Sizwe operative in the 1980s and held a number of leadership positions in the ANC between 1994 to 2007.

Here are some of his career highlights:

  • Cosas branch executive (1984-1986)
  • MK operative (1985-1989)
  • NUM member (1988-1989)
  • Chairperson of the Khutsong Student Congress (1986-1987)
  • Khutsong UDF representative (1986-1989)
  • West Youth Congress executive (1987-1989)
  • MK soldier (1989-1994)
  • ANCYL branch leader (1994-1996)
  • ANC branch leader (1994-1997)
  • ANCYL regional leader (1996-2003)
  • ANC regional leader (1997-2007)
  • Merafong City mayor (2003-2009)
  • Member of Parliament (2009-2014)
  • Whip in National Assembly (Parliament) (2014)
  • ANC provincial leader (2007-2009)
  • 19th candidate at ANC regional Gauteng Election List (2014)
Read more on:    david van rooyen  |  nhlanhla nene  |  economy  |  politics

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