All data is delayed
Loading...
See More

Van Rooyen the most academically qualified finmin - Africa Check

Mar 04 2016 18:27

Cape Town - David (Des) van Rooyen has the highest academic qualification of all the finance ministers President Jacob Zuma has appointed during his term, Africa Check reported on Friday.

In December last year, President Jacob Zuma unexpectedly replaced then finance minister Nhlanhla Nene with Van Rooyen, only to replace him four days later with former finance minister Pravin Gordhan, following aggressive reaction by the markets.

Van Rooyen took over as minister of co-operative governance from Gordhan. 

Zuma has reportedly recently defended his choice of Van Rooyen, pointing out that Van Rooyen is a trained "finance and economic comrade" and more qualified than any minister he has ever appointed in the finance sphere.

According to Africa Check, which cited the government's website, Van Rooyen has several certificates in governance and finance. He obtained a master’s degree in management from the University of the Witwatersrand in 2010. He also has another master’s degree in finance - specialising in economic policy - from the University of London. This was obtained in 2013 through distance learning.

According to his government profile, the highest academic qualification Gordhan holds is a bachelor of science in pharmacy from the University of Durban in 1973. Africa Check said it was unable to confirm this with the university, but would keep on trying. 

Gordhan was also awarded two honorary doctorates: in commerce, by the University of South Africa and in law, by the University of Cape Town, both in 2007. 

Nene has a bachelor of commerce honours in economics obtained at the University of the Western Cape in 2009. Nene also holds several certificates and diplomas in economics, according to his government profile.

The question could therefore be asked, according to Africa Check, whether Zuma's qualification statement should not have been taken literally, but looked at from an academic angle.


Follow Fin24 on Twitter, Facebook, Google+ and Pinterest. 24.com encourages commentary submitted via MyNews24. Contributions of 200 words or more will be considered for publication.

jacob zuma  |  des van rooyen  |  finance  |  sa economy

NEXT ON FIN24X

 
 
 
 

Company Snapshot

We're talking about: SMALL BUSINESS

From fossils to finance – that’s been the career trajectory of Dr Merrill van der Walt, a palaeontologist until recently. She is now a statistician with a difference.
 

Money Clinic

Money Clinic
Do you have a question about your finances? We'll get an expert opinion.
Click here...

Voting Booth

SA's avoidance of junk status by rating agencies: Moody's and Fitch

Previous results · Suggest a vote

Loading...