Free Trial

New Finance Minister Godongwana Profile

SOUTH AFRICA

From News 24:

  • Godongwana is currently the head of the ANC's economic transformation subcommittee in the national executive committee (NEC), and chairperson of the Development Bank of Southern Africa. He is also a director of paper and packing group Mondi as well as the platinum miner Platinum Group Metals.
  • Born in rural Eastern Cape and educated at St John's College in Mthatha, he started his career in the trade union movement, becoming general secretary of the National Union of Metalworkers South Africa (Numsa) by 1994. He earned a master's degree in financial economics from University of London in 1998.
  • After serving as provincial minister of finance in the Eastern Cape, he was appointed by former president Jacob Zuma as deputy minister of public enterprises in 2009, and the following year moved to deputy minister of economic development. He resigned in 2012.

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.