Mr Pravin Gordhan is the current Minister in the Department of Public Enterprises in South Africa. This Department is mandated to perform shareholder oversight on behalf of government over seven (7) State-Owned Companies which include Transnet (rail, freight, ports and engineering); Eskom (electricity utility); Denel (advanced manufacturing and arms industry); South African Airways (SAA); South African Express (SAX), Alexkor (a diamond mining company) and South African Forestry Company Limited (SAFCOL), a timber and forestry.
Pravin Gordhan has been actively involved in the anti-apartheid struggle dating back to the 1970s and 1980s when he was an organiser in the student movement and a prominent leader in civic structures. After qualifying as a pharmacist in 1974, he worked at Durban’s King Edward VIII hospital until 1981 where he was expelled by hospital administration for his involvement in resistance politics. He spent four years underground in the 1980s and became intricately involved in the South African Communist Party and African National Congress.
He played a pivotal role in South Africa’s transition as an ANC participant in the multi-party talks at the Convention for a Democratic South Africa (CODESA), and as co-chair of the Transitional Executive Council. He chaired the Constitutional Committee, which had oversight over the implementation of the new Constitution that was adopted by Parliament in May 1996. He continued to serve actively as an ANC MP until March 1998 when he joined SARS as Deputy Commissioner. He was appointed as Commissioner in November 1999 where he spent a decade building SARS into a formidable tax and customs administration recognised world-wide for its efforts in enabling the South African government to collect the resources it needed for its development programmes.
In May 2009 in the midst of the global financial crisis and a world-wide recession, he was appointed as Minister of Finance and acquired a challenging task to navigate the domestic economy out of turbulence towards fiscal stability and a new growth path. In May 2014, he was appointed as Minister of Cooperative Governance and Traditional Affairs only to be re-appointed to the Finance portfolio in December 2015. He remained the Minister of Finance until he was inexplicably recalled at around midnight on 30th March 2017.
He returned to the Legislature as a Member of Parliament and became part of the Portfolio Committee on Public Enterprises. He continues to serve as member of the National Executive Committee (NEC) of the African National Congress, having been elected as a NEC member in December 2012. Mr Gordhan is passionate about democracy, racial and gender equality and working towards building a prosperous future for all in South Africa.
Chief of Staff | Nthabiseng Borotho |
Telephone | 012 431 1289 /072 596 1503 |
nthabiseng.borotho@dpe.gov.za |
Executive Personal Assistant | Georgina Sylvester |
Telephone | 012 431 1256 |
georgina.sylvester@dpe.gov.za |
Parliamentary Liaison Officer | Lebohang Tekane |
Telephone | 021 469 6766 |
lebohang.tekane@dpe.gov.za |
Ms. Jacqueline (Jacky) Molisane is an accomplished professional with a diverse background in economics, finance, and public enterprises. Currently serving as the Acting Director-General of the Department of Public Enterprises, she brings a wealth of expertise to her role.
Ms. Molisane holds a BA Honours in Economics, specializing in Monetary, International, and Developmental Economics. Her academic background provides her with a solid foundation in economic principles and a comprehensive understanding of the global financial landscape. In addition to her degree, Ms. Molisane also possesses a Diploma in Financial Markets and Instruments, which demonstrates her knowledge and proficiency in financial systems and investment strategies. This qualification further enhances her ability to make informed decisions regarding funding requirements and investment support for State-Owned Enterprises (SOEs) within the Department’s portfolio.
Prior to her current position, Ms. Molisane served as the Deputy Director-General for Financial Assessment and Investment Support (FAIS) unit. In this role, she assumed responsibility for overseeing the funding requirements of SOEs within the DPE portfolio. Her exceptional financial acumen and strategic thinking played a vital role in ensuring the financial stability and growth of these enterprises.
Ms. Molisane’s involvement in various advisory boards showcases her leadership and dedication to public service. She served on the board of Eskom, a prominent state-owned utility, where she contributed her expertise in financial analysis and transactions. Additionally, her participation in the Special Economic Zone (SEZ) Advisory Board enabled her to contribute to the development and implementation of strategies to promote economic growth within designated zones. Furthermore, her role as a Trustee and Chairperson of the Investment Committee of the National Empowerment Fund (NEF) demonstrates her commitment to empowering marginalized communities and facilitating inclusive economic opportunities.
Prior to her work in the public sector, Ms. Molisane amassed a decade of experience in the private financial services industry, specializing in Investment Banking. Her extensive background includes seven years with both local and international investment banks, where she focused on stockbroking, equities trading, and portfolio management. This experience honed her skills in analyzing market trends, managing investment portfolios, and executing complex financial transactions. In her final three years in the private sector, she expanded her expertise in private equity and structured finance, further diversifying her skill set.
Ms. Jacqueline (Jacky) Molisane’s remarkable professional journey and her comprehensive expertise in economics, finance, and public enterprises make her an invaluable asset in her role as the Acting Director-General of the Department of Public Enterprises. Her knowledge, experience, and commitment to excellence position her as a respected leader in the field, driving positive change and growth within the public sector.
Acting Director | Nadia Valley |
Telephone | 012 431 1000 |
DGOffice@dpe.gov.za | |
DGOffice@dpe.gov.za |