<P> The National Treasury is one of the departments of the South African government . 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 . Throughout the course of President Jacob Zuma 's second administration , the ministry has undergone several changes . Most notably , Nhlanhla Nene was suddenly dismissed on 9 December 2015 , without explanation , and replaced with a relatively unknown parliamentary back - bencher from the ruling ANC 's caucus , David ' Des ' van Rooyen for a record - total of 3 days . He was , in turn , replaced by Pravin Gordhan after the President faced significant pressure from political and business groups over the move . On 30 March 2017 Jacob Zuma axed Pravin Gordhan and appoint Malusi Gigaba as a Finance Minister . Following Zuma 's resignation , President Cyril Ramaphosa returned Nhlanhla Nene as Minister in his cabinet reshuffle on 26 February 2018 . </P>
<P> The National Treasury is one of the departments of the South African government . 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 . Throughout the course of President Jacob Zuma 's second administration , the ministry has undergone several changes . Most notably , Nhlanhla Nene was suddenly dismissed on 9 December 2015 , without explanation , and replaced with a relatively unknown parliamentary back - bencher from the ruling ANC 's caucus , David ' Des ' van Rooyen for a record - total of 3 days . He was , in turn , replaced by Pravin Gordhan after the President faced significant pressure from political and business groups over the move . On 30 March 2017 Jacob Zuma axed Pravin Gordhan and appoint Malusi Gigaba as a Finance Minister . Following Zuma 's resignation , President Cyril Ramaphosa returned Nhlanhla Nene as Minister in his cabinet reshuffle on 26 February 2018 . </P>
who manages the south african government 's finances
who manages the south african government 's finances
The National Treasury
The National Treasury