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The third cabinet of Cyril Ramaphosa, also known as the Government of National Unity (GNU), is the incumbent cabinet of the Government of South Africa.It was appointed on 30 June 2024 after Ramaphosa's African National Congress (ANC) lost its absolute majority in the May 2024 general election and formed a ten-member coalition government.
The minister of finance is a minister in the Cabinet of South Africa who is the political head of the National Treasury.The minister of finance is responsible for the financial management of government affairs, drawing up the budget, and developing economic policy (in cooperation with the minister of economic development and the minister of trade and industry).
The Second Cabinet of Cyril Ramaphosa was the cabinet of the government of South Africa between 29 May 2019 and 19 June 2024. It was formed by President Ramaphosa after the 2019 general election and dissolved after the 2024 general election. In the interim it was reshuffled twice – once in August 2021 and once in March 2023 – and augmented ...
The executive branch of the national government of South Africa is divided into the cabinet and the civil service, as in the Westminster system. Public administration, the day-to-day implementation of legislation and policy, is managed by government departments (including state agencies with department status), which are usually headed by permanent civil servants with the title of director ...
The Inkatha Freedom Party continued to hold seats in the government, as minority partners, until the elections of 2004. In 2014, Lynne Brown became the first openly LGBT person to serve as a cabinet minister in South Africa and Africa. [31] In 2019, president Cyril Ramaphosa appointed the first gender-balanced cabinet in South African history. [32]
The Treasury manages national economic policy, prepares the South African government's annual budget and manages the government's finances. Along with the South African Revenue Service and Statistics South Africa , the Treasury falls within the portfolio of the Minister of Finance .
The Government of South Africa, or South African Government, is the national government of the Republic of South Africa, a parliamentary republic with a three-tier system of government and an independent judiciary, operating in a parliamentary system. Legislative authority is held by the Parliament of South Africa.
The committee oversees the National Treasury and statutory entities, including the Accounting Standards Board, the Co-operative Banks Development Agency, the Development Bank of Southern Africa (DBSA), the Office of the Ombud for Financial Services Providers, the Financial Intelligence Centre (FIC), the Financial and Fiscal Commission, the Financial Sector Conduct Authority, the Government ...