Nhlanhla Nene | |
---|---|
Minister of Finance | |
In office 26 May 2014 – 9 December 2015 |
|
Preceded by | Pravin Gordhan |
Succeeded by | David van Rooyen |
Personal details | |
Born |
Kranskop, Natal Province, South Africa |
5 December 1958
Political party | African National Congress |
Alma mater | University of Western Cape |
Nhlanhla Musa Nene ([ntɬantɬa], born 5 December 1958) is the former Minister of Finance of South Africa, appointed on 25 May 2014 and removed by President Jacob Zuma on 9 December 2015. He was previously the deputy minister of finance in the Cabinet of South Africa from November 2008 to May 2014, and a chairperson of the South African Finance Portfolio Committee. He has been an ANC member of parliament since 1999. His home is in Kranskop, KwaZulu-Natal. He is considered by the South African general public to be the first Black South African to hold the office.
Nene holds a B.Com Honours degree in Economics from the University of Western Cape (UWC). He also obtained a Diploma in Marketing Management DMS; an Advanced Diploma in Economic Policy from the UWC; a Certificate in Economic Policy from the University of South Africa (UNISA); and a Certificate in Macro and Micro Economics from the University of London. He also attended a Course in Evaluating Macroeconomic Strategies in 2000 at Williams College (CDE), MA, USA. He matriculated at Gcothoyi Adult Centre.
Nene was active in student politics in the 1970s, and became a member of African National Congress (ANC) Regional Executive Committee, Bambatha region where he became a Chairperson of ANC Bambatha Branch. He was a co-chairperson of Joint Budget Committee from October 2002 to August 2005 and a chairperson of the Portfolio Committee on Finance from 2005 until 2008.
He served as regional secretary of ANC Ukhahlamba region from 1997 until 2000 and as a chairperson of Kranskop Policing Forum from 1997 to 1999. He became ANC Local Government councillor and caucus chairperson from 1996 until 1999 and chairperson of Ntunjambili Development Forum from 1994 until 1999.
He became a labour union shop steward and led a negotiating team for better working conditions during the period 1990 to 1995 and he organised the first ever strike in the financial sector, under the banner of SACAWU, while working at Metropolitan Life Insurance Company in 1990.