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We agree that Mr David van Rooyen is the wrong man for the job – President Jacob Zuma

Jacob ZumaAnnouncement of new Ministers of Finance and COGTA

On the 9th of December 2015, I announced the appointment of a new Minister of Finance, Mr David van Rooyen.
I have received many representations to reconsider my decision.
As a democratic government, we emphasise the importance of listening to the people and to respond to their views.
In this regard, I have, after serious consideration and reflection, taken the following decision;
FINANCE
I have appointed Mr Pravin Gordhan, the current Minister of Cooperative Governance and Traditional Affairs as the new Minister of Finance.
Minister Gordhan will return to a portfolio that he had held proficiently during the fourth administration.
He will lead government again in the following;
• Ensuring an even stronger alignment between the Budget and the Medium Term Strategic Framework (MTSF) in the interest of stimulating more inclusive growth and accelerated job creation while continuing the work of ensuring that our debt is stabilised over the medium term.
• Promoting and strengthening the fiscal discipline and prudence that has characterised our management of public finances since the dawn of freedom.
• Working with the financial sector so that its stability is preserved under the broad umbrella of the Twin Peaks reform.
• Ensuring that the National Treasury is more acceptable to all sections of our society.
• Adherence to the set expenditure ceiling while maintaining a stable trajectory of our debt portfolio, as set out in the February 2015 Budget.
COOPERATIVE GOVERNANCE AND TRADITIONAL AFFAIRS
I have also decided to appoint the current Minister of Finance, Mr David van Rooyen, as the new Minister of Cooperative Governance and Traditional Affairs.
Mr Van Rooyen, a former Executive Mayor, will also be bringing to COGTA the finance and economic sector background gained in serving in the Finance Portfolio Committee and Economic Transformation Cluster as whip in National Assembly. He has been mandated to take forward the Back to Basics programme and further improve cooperation between the three spheres of government.
I wish both Ministers all the best in their new deployments.
Issued by The Presidency
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4 Comments

  1. The man has lost the plot…… I watched his speech https://www.youtube.com/watch?v=M2XYp4lg5MQ and now I read this! The ANC claims it did not pressure him to “change his mind” so who exactly does he answer to? Who are these “many representations” and why the hell did he not apply the “serious consideration and reflection” before wiping out R160billion of our citizens pensions, retirement funds, savings and ability to pay for petrol and other imported necessities! Is he once again going to blame Van Riebeeck for his gross incompetence or is he finally going to owe up the the fact that he has no idea how to lead a modern economy?

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  2. This man has not only lost the plot, he has lost his mind as well. Time for him to go. But before that he should pay back the money.

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  3. Stepdown

     /  December 15, 2015

    Zuma you are also the wrong man for the job. You have never ever listened to the people of SA..because time and again we pleaded to you to pay back the money, but instead you chose to laugh in our faces. Remember you work for us, the people of SA..we pay your salary. STEP DOWN!! We want an educated person who understands the modern economy as a president.

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  4. Where in this statement does it say “We agree that Mr David van Rooyen is the wrong man for the job” – President Jacob Zuma

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