The Minister of Finance, Nhlanhla Nene, was last night axed from his post and replaced by member of parliament David van Rooyen.
In a statement, President Jacob Zuma, said he had decided to remove Nene as Minister of Finance “ahead of his deployment to another strategic position”.
Zuma said he had decided to appoint Van Rooyen as the new Minister of Finance.
Van Rooyen serves as a whip of the parliamentary standing committee on finance and as whip of the economic transformation cluster.
He is a former executive mayor of Merafong municipality and a former North West provincial chairman of the South African Local Government Association.
“I wish Mr Van Rooyen all the best in this new appointment,” Zuma said.
“The new deployment of Mr Nene will be announced in due course.
“Mr Nene has done well since his appointment as Minister of Finance during a difficult economic climate.
“Mr Nene enjoys a lot of respect in the sector locally and abroad, having also served as a Deputy Minister of Finance previously.” — DDR
Zuma axes finance minister
In a statement, President Jacob Zuma, said he had decided to remove Nene as Minister of Finance “ahead of his deployment to another strategic position”.
Zuma said he had decided to appoint Van Rooyen as the new Minister of Finance.
Van Rooyen serves as a whip of the parliamentary standing committee on finance and as whip of the economic transformation cluster.
He is a former executive mayor of Merafong municipality and a former North West provincial chairman of the South African Local Government Association.
“I wish Mr Van Rooyen all the best in this new appointment,” Zuma said.
“The new deployment of Mr Nene will be announced in due course.
“Mr Nene has done well since his appointment as Minister of Finance during a difficult economic climate.
“Mr Nene enjoys a lot of respect in the sector locally and abroad, having also served as a Deputy Minister of Finance previously.” — DDR
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