This is a 'colossal assignment' - new finance minister

2015-12-10 14:22
David van Rooyen (News24)

David van Rooyen (News24)

Multimedia   ·   User Galleries   ·   News in Pictures Send us your pictures  ·  Send us your stories


Van Rooyen's track record isn't very 'illuminating' - analyst

2015-12-10 13:08

Well known political economy analyst Daniel Silke joined us in studio to weigh in on the surprise removal of Finance Minister Nhlanhla Nene from the Treasury on Wednesday night. Nene will be replaced by the relatively unknown David van Rooyen. Watch. WATCH

Pretoria - Newly appointed Finance Minister David van Rooyen on Thursday said he was aware he was facing a "colossal" assignment in his new job.

"As you are all aware, mine is a colossal assignment coming at a time when the global economic outlook is not favourable, more especially for emerging markets," he said following his swearing in at the Union Buildings in Pretoria.

"All economic indicators, as you are all aware, are pointing to the south. Now I must undertake in front of you, and the nation, that I will... ensure every policy is directed at creating favourable investment conditions, leading to the development of South Africa for all South Africans - not for the few."

Van Rooyen said he would meet his new team at the National Treasury in due course, hopefully on Friday.

He also said he would start proper engagements with the media and the nation and was planning to make the National Treasury more accessible to "demystify myths" about the department.

Read more on:    david van rooyen  |  nhlanhla nene  |  economy

Join the conversation! encourages commentary submitted via MyNews24. Contributions of 200 words or more will be considered for publication.

We reserve editorial discretion to decide what will be published.
Read our comments policy for guidelines on contributions.

Inside News24

Traffic Alerts
There are new stories on the homepage. Click here to see them.


Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.

Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire network.


Location Settings

News24 allows you to edit the display of certain components based on a location. If you wish to personalise the page based on your preferences, please select a location for each component and click "Submit" in order for the changes to take affect.

Facebook Sign-In

Hi News addict,

Join the News24 Community to be involved in breaking the news.

Log in with Facebook to comment and personalise news, weather and listings.