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Profile of the Minister of Finance
Mr Enoch Godongwana, MP
MINISTER OF FINANCE OF THE REPUBLIC OF SOUTH AFRICA
(term in office: 05 August 2021 to date)
Mr Enoch Godongwana was appointed Minister of Finance of the Republic of South Africa on the 5th of August 2021. He holds an MSc degree in Financial Economics from the University of London and is a member of the National Executive Committee of the African National Congress (ANC) since 1997.
He was also the chairperson of the ANC’s Economic Transformation sub-committee from 2009 to 2022. Prior to his appointment as the Minister of Finance, Godongwana was the Chairperson of the Board of the Development Bank of Southern Africa. Among others, he has also been appointed to the Boards of the New Development Bank and Mondi plc, CEO of the Financial Sector Charter Council and Member of the Policy Board for Financial Services and Regulation. He served in government as the Deputy Minister of Economic Development, Deputy Minister of Public Enterprises, Member of Parliament, Member of the Eastern Cape Provincial Legislature, and a Member of the Executive Council in the Eastern Cape responsible for Finance, Economic Affairs, Environment and Tourism.
Godongwana has a solid background in the trade union movement; having served in various leadership positions in one of South Africa’s largest industrial unions – the National Union of Metal Workers of South Africa – including being its General Secretary from 1993 to 1997. He also served on the Congress of South African Trade Unions (COSATU’s) Executive and Central Committees from 1992 to 1997 and was the chairperson of COSATU's Economic Development Task Force. He is one of the founding members of the National Economic Development and Labour Council (NEDLAC) and participated in the drafting of a number of progressive labour legislation including the Labour Relations Act.
Mr Enoch Godongwana, was sworn in as a member of parliament (MP) on the 28th of February 2023.
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