President Jacob Zuma has removed finance minister Nhlanhla Nene from the finance portfolio – introducing the third new finance minister to the department in just over five years.<\/p>\n
South Africa’s longest-standing finance minister was Trevor Manuel, who served in\u00a0the role since 1994, shadowing former minister Chris Liebenberg for 3 years before taking over completely.<\/p>\n
Manuel was finance minister throughout Nelson Mandela’s presidency as well as Thabo Mbeki’s presidency, totalling 15 years in the job.<\/p>\n
He resigned from the role, along with many other Cabinet ministers, after Mbeki was recalled, but he returned to the position under Kgalema Motlanthle’s short time as president.<\/p>\n
When President Jacob Zuma came to power in 2009, he appointed Pravin Gordhan to the role, where he served for five years.<\/p>\n
In 2014, at the start of Zuma’s second term as president, Gordhan left the portfolio, and was succeeded by his deputy, Nhlanlha Nene.<\/p>\n
Nene had the shortest tenure as finance minister, having kept the position one year and seven months before being dropped and replaced by the unknown David van Rooyen.<\/p>\n
The following diagram shows South Africa’s presidents and their finance ministers.<\/p>\n
![\"South](\"http:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2015\/12\/South-African-Presidents-vs-Finance-Ministers.png\")
South African Presidents vs Finance Ministers<\/p><\/div>\n
Trevor Manuel<\/strong><\/p>\n Pravin Gordhan<\/strong><\/p>\n Nhlangla Nene<\/strong><\/p>\n David van Rooyen<\/strong><\/p>\n Zuma removes Nene as finance minister<\/a><\/strong><\/p>\n How Jacob Zuma is allegedly plotting a third term as president<\/a><\/strong><\/p>\n\n
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More on SA finance<\/h3>\n