Enoch Godongwana

Enoch Godongwana (born 9 June 1957)[3] is a South African politician who has been serving as the Minister of Finance of South Africa in the government of President Cyril Ramaphosa since August 2021.[4][5] He is also the former head of the African National Congress's economic transformation subcommittee in the national executive committee (NEC).

The Honourable
Enoch Godongwana
MP
Godongwana in 2023
Minister of Finance
Assumed office
5 August 2021
PresidentCyril Ramaphosa
DeputyDavid Masondo
Preceded byTito Mboweni
Member of the National Assembly of South Africa
Assumed office
28 February 2023
Preceded byMike Basopu
ConstituencyEastern Cape
In office
6 May 2009 – 31 December 2011
Succeeded byShepherd Mayathula
ConstituencyNational List
Deputy Minister of Economic Development
In office
31 October 2010[1] – 16 January 2012
PresidentJacob Zuma
MinisterEbrahim Patel
Preceded byGwen Mahlangu-Nkabinde
Succeeded byHlengiwe Mkhize
Deputy Minister of Public Enterprises
In office
10 May 2009[2] – 31 October 2010
PresidentJacob Zuma
MinisterBarbara Hogan
Succeeded byBen Martins
Personal details
Born
Enoch Godongwana

(1957-06-09) 9 June 1957
Cala, Eastern Cape, South Africa
CitizenshipSouth African
Political partyAfrican National Congress
SpouseThandiwe Godongwana
EducationSt John’s College
Alma materUniversity of London
Occupation
  • Politician
  • unionist
  • businessman
  • anti-apartheid activist
ProfessionEconomist

Early life and education

Godongwana was born in Cala, Eastern Cape and matriculated from St John’s College in Mthatha. He obtained an MSc degree in financial economics from the University of London in 1998.[6]

Career in the private sector

Godongwana is a director of Mondi, a paper and packing company, as well as platinum miner Platinum Group Metals.[5]

Canyon Springs Investments 12

Godongwana chaired Canyon Springs Investments 12, a shell company which he jointly owned 50% of with his wife.[7][8] Canyon Springs was found to be involved in allegedly defrauding clothing factory workers of R100-million of their pension fund money from 2007 until 2011.[9] His R1.5 million salary was found to be drawn from money loaned by the Southern African Clothing and Textile Workers’ Union (Sactwu) to the company, which loaned money was never returned to the union.[7][10] He claimed to be unaware of the company's money sources.[7]

Richard Kawie and Sam Buthelezi, other co-owners of Canyons Springs Investment 12, had fraud cases opened against them for not repaying the union's loan.[11]

Political career

Godongwana was a shop steward for the Metal and Allied Workers Union MAWU from 1979.[3] He became general secretary of the National Union of Metalworkers of South Africa (NUMSA) from 1993 to 1996,[12] and served on COSATU's Executive and Central Committees from 1992 to 1997.[3]

He served as deputy minister of public enterprises and deputy minister of economic development in the government of President Jacob Zuma from 2009 until 2012.[5] He resigned after the Canyon Springs Investments matter was revealed by news organisations.[9]

In November 2020, the United Democratic Movement accused Godongwana of using his position in the DBSA to engage in corruption through companies that Godongwana had a stake in.[13]

Other activities

References
  1. "Zuma reshuffles cabinet, 7 politicians fired as ministers". ewn.co.za. Retrieved 28 February 2023.
  2. Anonymous (5 October 2009). "Full List of Ministers in Jacob Zuma's Cabinet". www.skillsportal.co.za. Retrieved 28 February 2023.
  3. "Enoch Godongwana, Mr | South African Government". www.gov.za. Retrieved 6 August 2021.
  4. "S.Africa's Ramaphosa appoints Godongwana as finance minister as Mboweni resigns". Reuters. 5 August 2021. Retrieved 6 August 2021.
  5. "Enoch Godongwana is SA's new minister of finance as Mboweni resigns". News24. 5 August 2021.
  6. Wasserman, Helena (6 August 2021). "What you need to know about SA's new minister of finance, Enoch Godongwana". News24.com. News24. Retrieved 6 August 2021.
  7. "Godongwana pension scam - more dirt". The Mail & Guardian. 14 October 2011. Retrieved 6 August 2021.
  8. "Godongwana and the missing union millions". The Mail & Guardian. 17 June 2011. Retrieved 6 August 2021.
  9. "Godongwana resigns amid outrage". The Mail & Guardian. 20 January 2012. Retrieved 6 August 2021.
  10. "Kawie faces arrest in missing pension money case". The Mail & Guardian. 26 November 2011. Retrieved 6 August 2021.
  11. "Court declares Sam Buthelezi insolvent". www.iol.co.za. Retrieved 6 August 2021.
  12. "Happy 25th birthday!". National Union of Metalworkers of South Africa. 23 May 2012. Retrieved 5 August 2021.
  13. "DBSA maladministration & corruption allegations | PMG". pmg.org.za. Retrieved 6 August 2021.
  14. Members Joint World Bank-IMF Development Committee.
  15. Board of Governors World Bank.
  16. Board of Governors Multilateral Investment Guarantee Agency (MIGA), World Bank Group.
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