Des van rooyen biography sample

David Douglas Des van Rooyen, the man President Jacob Zuma named as Finance Minister Nhlanhla Nene's successor in a shock announcement on Wednesday, has been described by economists as largely unknown, with little policy experience. Prior to this he was an MK operative and soldier, and held various leadership positions in Cosas and Khutsong Student Congress. According to People's Assembly, which credits the source of information as anc. But economists and the market are not convinced.

Des van Rooyen

Ex-Finance Minister of South Africa

David Douglas "Des" van Rooyen (born 20 November ) is the former Minister of Cooperative Governance and Traditional Affairs and Minister of Finance of the Republic of South Africa.

He took office on 13 December and was dropped from cabinet on 27 February by President Cyril Ramaphosa.

He was elected as a member of the National Assembly, representing the UMkhonto we Sizwe, in the South African general election.

Political career

Van Rooyen served as an operative and soldier of the African National Congress's paramilitary force, Umkhonto we Sizwe (MK), which was integrated into the South African National Defence Force by Van Rooyen has also held various leadership positions in labour and student organisations such as the COSAS, Khutsong Student Congress, Together Democratic Front and National Union of Mineworkers.[1]

Van Rooyen also held a number of leadership positions in the ANC from to , during which he was elected as mayor of Merafong City Local Municipality in the central Gauteng province.[2] He has been a National Assembly member since for Westville Westonaria Metropolis.

Des van Rooyen - Wikipedia: David Douglas "Des" van Rooyen (born 20 November ) is the former Minister of Cooperative Governance and Traditional Affairs and Minister of Finance of the Republic of South Africa. He took office on 13 December and was dropped from cabinet on 27 February by President Cyril Ramaphosa.

Van Rooyen was the party whip at the National assembly from to and the Whip on the Standing Committee on Finance and of the Economic Transformation Cluster of the National Assembly from to [3]

Van Rooyen was appointed the Minister of Finance by President Jacob Zuma on 9 December after the removal of Nhlanhla Nene from the position.[4][5] Van Rooyen was sworn in the next day, beginning his day in office.[6] The markets reacted extremely negatively to his appointment as the South African rand dropped as much as percent against the dollar in a single day.[7] President Jacob Zuma reversed his decision late on 13 December when he announced that Van Rooyen would switch positions with then Minister of Cooperative Governance and Traditional Affairs, Pravin Gordhan.[8] Van Rooyen and Gordhan took their new positions the next day without swearing in ceremonies as they were both already ministers in the government.[9] Van Rooyen's four-day tenure as Minister of Finance earned him the nickname "Weekend Special" in South African media.[10]

Education

Van Rooyen attended high school at Badirile High in Khutsong, Carletonville.

There, he led the student body in a youth movement, which led him to be detained several times before he fled South Africa. He also has a MSc in Finance (Economic Policy) from the School of Oriental and African Studies of the University of London () and a master's degree in Public Development and Management from the University of the Witwatersrand ().[11] He also holds a certificate in investment analysis and portfolio management from UNISA,[3][12] as well as several other qualifications including Diplomas in Business Organization, Municipal Governance, Councillor Development, Municipal Finance, and Economic & General Finance.[3]

Business interests

According to the Parliament Register of Members' Interests, van Rooyen is partner or director of the following corporations[12]

  • Late Bloomer Enterprise
  • Muziovulile Mining Projects
  • Sukuta Enterprise
  • Walinzi Protection Services
  • Phambili Services- A Waste Handling [13] company established in in recognition of the growing desire for sustainable integrated Waste Leadership solutions in the Waste Handling sector in South Africa.

Private life

Van Rooyen owns a property in Suideroord, Johannesburg.

He has personal interests in soccer, golf, tennis, reading and hunting.[12]

References