Member of the National Assembly
Formerly: Limpopo Provincial Legislature
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Dr David Masondo served as the Deputy Minister of Finance, from May 2019 to June 2024. He was reappointed on 30 June 2024.
Dr Masondo obtained his PhD at New York University (USA). His PhD thesis focused on post-Apartheid state Industrial Policy and Investment in the South African Automotive Industry. He also obtained his BA (Hons) and MA at Wits University.
Dr Masondo has held various political and managerial positions in government, including serving as the Finance MEC and Director in the Local Government Department in Limpopo. He was also the Chief Director for Economic Sectors and Industry and the Chief Executive Officer (CEO) of the Automotive Industry Development Center under the Gauteng Provincial Government. He has been a political activist for approximately 30 years.
Dr Masondo is an African National Congress National Executive Committee member serving in the Economic Transformation Committee and has served in various positions of leadership. He was the Principal member of the Financial Sector Charter Council representing the Community.
Dr Masondo is passionate about Education and has worked as a lecturer at Wits University, teaching States and Markets (undergraduate) and Political Economy of Modern South Africa (Post-graduate course), amongst other courses. He is the Founding Principal of the OR Tambo School of Leadership, a political education school of the ANC. His passion for education extends to community development. To this end, he is a founding chairperson of the Topisa Trust, which provides ongoing support to youth in promoting education, sport, and cultural excellence in villages in Limpopo.
African National Congress (ANC)
Not associated with any constituency offices
072 889 9052
[email protected]
[email protected]
Deputy Minister of Finance at National Executive (Executive)
since 30th June 2024
Member at National Assembly (Parliament)
since 14th June 2024
Member at African National Congress (ANC) (Party)
Deputy Minister of Finance at National Executive (Executive)
from 29th May 2019 until 19th June 2024
Member at National Assembly (Parliament)
from 22nd May 2019 until 28th May 2024
19th Candidate at African National Congress National Election List 2019 (Election List)
from 23rd April 2019 until 8th May 2019
Member of the Provincial Legislature at Limpopo Provincial Legislature (Provincial-Legislature)
until 6th May 2014
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CONTRACTS
1 items
| Details of Contract and Management thereof | Period of Contract | Value of Contract | Name of State Entity |
|---|---|---|---|
|
|
Nothing to disclose |
|
|
DIRECTORSHIP AND PARTNERSHIPS
4 items
| Directorship/Partnership in any Corporate Body | Type of Business Activity |
|---|---|
|
Public Investment Corporation |
State Owned Fund manager |
|
TOPISA Trust |
Charity |
|
Chris Hani Institute |
Social Research |
|
O.R.Tambo School Of Ledership |
Political Education |
GIFTS AND HOSPITALITY
1 items
| Source | Description | Value |
|---|---|---|
|
Transformation Action Forum - |
6 x wine |
R2120 |
LAND AND PROPERTY
4 items
| Extent of the Property | Location-Area | Description of Property |
|---|---|---|
|
1500sqm |
Makhado |
Residential |
|
1031sqm |
Johannesburg |
Residential |
|
7512sqm |
Johannesburg |
Residential |
|
1057sqm |
Johannesburg |
Sectional Title |
PENSIONS
1 items
| Source | Public/Private |
|---|---|
|
Nothing to disclose |
|
SHARES AND OTHER FINANCIAL INTERESTS
1 items
| Nominal Value | Number of Shares | Name of Company | Nature |
|---|---|---|---|
|
|
|
Nothing to disclose |
|
TRAVEL
1 items
| Sponsor | Description of Journey |
|---|---|
|
Nothing to disclose |
|
BENEFITS
1 items
| Source | Description of Benefit |
|---|---|
|
Nothing to disclose |
|
SPONSORSHIPS
1 items
| Source of Sponsorship | Extent | Description of Assistance/Sponsorship |
|---|---|---|
|
Nothing to disclose |
|
|
REMUNERATED EMPLOYMENT OUTSIDE PARLIAMENT
1 items
| Name of Employer | Type of Business |
|---|---|
|
Nothing to disclose |
|
CONSULTANCIES OR RETAINERSHIPS
1 items
| Type of Business Activity | Value of any Benefits derived | Name of Organisation |
|---|---|---|
|
|
|
Nothing to disclose |
TRUSTS
1 items
| Trustee/Beneficiary | Details of benefits derived | Registration Number | Name of Trust |
|---|---|---|---|
|
|
|
|
Nothing to disclose |
CONTRACTS
1 items
| Details of Contract and Management thereof | Period of Contract | Value of Contract | Name of State Entity |
|---|---|---|---|
|
|
Nothing to disclose |
|
|
DIRECTORSHIP AND PARTNERSHIPS
4 items
| Directorship/Partnership in any Corporate Body | Type of Business Activity |
|---|---|
|
Public Investment Corporation |
State Owned Fund manager |
|
TOPISA Trust |
Charity |
|
Chris Hani Institute |
Social Research |
|
O.R.Tambo School Of Ledership |
Political Education |
GIFTS AND HOSPITALITY
2 items
| Source | Description | Value |
|---|---|---|
|
Motlanthe Foundation |
1x Power bank1x Water Bottle1x Pen1x Note Book |
R750.00 |
|
BDO |
1x Wine Glass1X Pen1x Half Jacket1x Meerlust Wine |
R1846.40 |
LAND AND PROPERTY
4 items
| Extent of the Property | Location-Area | Description of Property |
|---|---|---|
|
1500sqm |
Makhado |
Residential |
|
1031sqm |
Johannesburg |
Residential |
|
7512sqm |
Johannesburg |
Residential |
|
1057sqm |
Johannesburg |
Sectional Title |
PENSIONS
1 items
| Source | Public/Private |
|---|---|
|
Nothing to disclose |
|
SHARES AND OTHER FINANCIAL INTERESTS
1 items
| Nominal Value | Number of Shares | Name of Company | Nature |
|---|---|---|---|
|
|
|
Nothing to disclose |
|
TRAVEL
1 items
| Sponsor | Description of Journey |
|---|---|
|
Havard Ministerial Leadership Program |
To participate in the Harvard Ministerial Leadership Program for Finance Ministers in Boston US. |
BENEFITS
1 items
| Source | Description of Benefit |
|---|---|
|
Nothing to disclose |
|
SPONSORSHIPS
1 items
| Source of Sponsorship | Extent | Description of Assistance/Sponsorship |
|---|---|---|
|
Nothing to disclose |
|
|
REMUNERATED EMPLOYMENT OUTSIDE PARLIAMENT
1 items
| Name of Employer | Type of Business |
|---|---|
|
Nothing to disclose |
|
CONSULTANCIES OR RETAINERSHIPS
1 items
| Type of Business Activity | Value of any Benefits derived | Name of Organisation |
|---|---|---|
|
|
|
Nothing to disclose |
TRUSTS
1 items
| Trustee/Beneficiary | Details of benefits derived | Registration Number | Name of Trust |
|---|---|---|---|
|
|
|
|
Nothing to disclose |
CONTRACTS
1 items
| Period of Contract | Value of Contract | Details of Contract and Management thereof | Name of State Entity |
|---|---|---|---|
|
NONE |
|
|
|
DIRECTORSHIP AND PARTNERSHIPS
1 items
| Type of Business Activity | Directorship/Partnership in any Corporate Body |
|---|---|
|
|
NONE |
GIFTS AND HOSPITALITY
1 items
| Source | Description | Value |
|---|---|---|
|
CHINESE EMBASSY |
1X CPC Centenary Souvenir 1X Notebook 1X Pen 1X Scarf |
R2500.00 |
LAND AND PROPERTY
4 items
| Extent of the Property | Location – Area | Description of Property |
|---|---|---|
|
7512m2 |
GAUTENG |
LAND |
|
1031m2 |
GAUTENG |
HOUSE |
|
74m2 |
GAUTENG |
SECTIONAL TITLE |
|
1500m2 |
LIMPOPO |
LAND |
PENSIONS
1 items
| Source | Public/Private |
|---|---|
|
EMPLOYMENT |
PRIVATE & PUBLIC |
SHARES AND OTHER FINANCIAL INTERESTS
2 items
| Nominal Value | Number of Shares | Name of Company | Nature |
|---|---|---|---|
|
0 |
20% |
BLOEMHOF DEV CO |
EQUITY |
|
0 |
20% |
TFST INVESTMENT |
EQUITY |
TRAVEL
1 items
| Sponsor | Description of Journey |
|---|---|
|
NONE |
|
BENEFITS
1 items
| Source | Description of Benefit |
|---|---|
|
NONE |
|
SPONSORSHIPS
1 items
| Description of Assistance/Sponsorship | Source of Sponsorship | Extent |
|---|---|---|
|
|
NONE |
|
REMUNERATED EMPLOYMENT OUTSIDE PARLIAMENT
1 items
| Name of Employer | Type of Business |
|---|---|
|
NONE |
|
CONSULTANCIES OR RETAINERSHIPS
1 items
| Type of Business Activity | Name of Organisation | Value of any Benefits derived |
|---|---|---|
|
|
NONE |
|
TRUSTS
1 items
| Registration Number | Trustee/Beneficiary | Name of Trust | Details of all benefits derived |
|---|---|---|---|
|
NR: ITI359/2015 |
TRUSTEE |
TOPISA |
0 |
CONTRACTS
1 items
| Name of State Entity | Details of Contract and Management thereof | Period of Contract | Value of Contract |
|---|---|---|---|
|
|
|
NONE |
|
DIRECTORSHIP AND PARTNERSHIPS
1 items
| Directorship/Partnership in any Corporate Body | Type of Business Activity |
|---|---|
|
OR TAMBO SCHOOL OF LEADERSHIP |
ANC POLITICAL SCHOOL |
GIFTS AND HOSPITALITY
6 items
| Source | Description | Value |
|---|---|---|
|
R500 |
SA Taxi Association |
Notepad and pen |
|
R500 |
ABSIP |
Notepad and pen |
|
R500 |
SA Taxi Association |
Notepad and pen |
|
R5000 |
Nedbank / Oldmutual |
Financial donation (Donate to charity) |
|
R1100 |
Kuul |
1X Tie, 1 X Socks, 1X perfume tester |
|
R109 |
ABSIP |
1X bottle of 750ml wine (Kanonkop Kadette Cape Blend 2017) |
LAND AND PROPERTY
4 items
| Extent of the Property | Location – Area | Description of Property |
|---|---|---|
|
1500 square metres |
LIMPOPO |
LAND |
|
74 square metres |
GAUTENG |
Sectional Title |
|
1031 square metres |
GAUTENG |
House |
|
7512 square metres |
GAUTENG |
LAND |
PENSIONS
1 items
| Source | Public/Private |
|---|---|
|
EMPLOYMENT X11 |
PRIVATE |
SHARES AND OTHER FINANCIAL INTERESTS
1 items
| Nominal Value | Number of Shares | Name of Company | Nature |
|---|---|---|---|
|
|
NONE |
|
|
TRAVEL
2 items
| Sponsor | Description of Journey |
|---|---|
|
German Government |
Travel to Germany with other Opposition leaders in SA Parliament in relation to political work |
|
FES |
Political Education Study Tour Travel to Germany |
BENEFITS
1 items
| Source | Description of Benefit |
|---|---|
|
NONE |
|
SPONSORSHIPS
1 items
| Source of Sponsorship | Description of Assistance/Sponsorship | Extent |
|---|---|---|
|
NONE |
|
|
REMUNERATED EMPLOYMENT OUTSIDE PARLIAMENT
1 items
| Name of Employer | Type of Business |
|---|---|
|
NONE |
|
CONSULTANCIES OR RETAINERSHIPS
1 items
| Type of Business Activity | Name of Organisation | Value of any Benefits derived |
|---|---|---|
|
|
NONE |
|
TRUSTS
1 items
| Details of all benefits derived | Registration Number | Trustee/Beneficiary | Name of Trust |
|---|---|---|---|
|
none |
NR:IT1359/2015 |
Trustee |
TOPISA |
SHARES AND OTHER FINANCIAL INTERESTS
2 items
| Nominal Value | Number of Shares | Name of Company | Nature |
|---|---|---|---|
|
0 |
0 |
OR Tambo school of leadership |
Non profit company |
|
0 |
0 |
Top ISA Education, sport band cultural trust |
Trust (Non profit) |
TRUSTS
1 items
| Details of all benefits derived | Registration Number | Trustee/Beneficiary | Name of Trust |
|---|---|---|---|
|
Youth in the community (Mbokola, Chavani and Bolusi) support youth in education, culture and sport activity. |
IT 13592015g |
Community, CM bokota, Bokisi and Chavani villages |
Topisa Education Sport and Cultural Trust |
LAND AND PROPERTY
1 items
| Extent of the Property | Location – Area | Description of Property |
|---|---|---|
|
1 500m² |
Louis Trichardt, Makhado |
Residential |