Owen Horwood

Owen Pieter Faure Horwood (born December 6, 1916 in Somerset West , Cape Town , Western Cape , South African Union ; † September 13, 1998 in Stellenbosch , Western Cape) was a South African economist , university professor and politician of the National Party (NP), who was supported by, among others From 1972 to 1974 Minister of Tourism and Indian Affairs, Minister of Economy between 1974 and 1975 and Minister of Finance from 1975 to 1984.

Life

After attending Boys' High School in Paarl, Owen Pieter Faure Horwood began studying commercial management at the University of Cape Town , which he completed with a Bachelor of Commerce (B.Com.). A subsequent post-graduate studies at the University of Cape Town in professional actuarial he graduated with a diploma. He then took up his professional activity and in 1947 became senior lecturer and 1954 associate professor for commercial management at the University of Cape Town. In 1956 he accepted a professorship in economics at the University College of Rhodesia and Nyasaland in Salisbury . He later moved as a professor of economics to the University of Natal in Durban and taught there until 1970. At the same time he was in 1965 principal and vice-chancellor of the University of Natal and at times economic advisor to the government of Lesotho , which gained independence from the United Kingdom on October 4, 1966 had received.

In 1966 Horwood began his political career when he was named a member of the Senate (Senaat) by Prime Minister Balthazar Johannes Vorster . In 1970 he was elected a member of the Senate for the National Party (NP), where he represented the interests of the Natal Province . In 1972 he replaced Theo Gerdener as chairman of the National Party of the Cape Province and held this position until he was replaced by Stoffel Botha in 1984.

In 1972 he also took over the post of Minister for Tourism and Indian Affairs in the Vorster II cabinet as the successor to Frank Waring and held this office until April 29, 1974. In the Vorster III cabinet that followed, he was first economics minister and held this position up to one Cabinet reshuffle in February 1975, whereupon Chris Heunis became his successor. He himself in turn replaced Nicolaas Diederichs, who was elected President of the Republic of South Africa , as finance minister as part of this cabinet reshuffle . He also held the office of finance minister in the Botha I cabinet and the Botha II cabinet until August 1984, whereupon Barend Jacobus du Plessis replaced him. As a cabinet member, he represented the Cape Province and was considered moderate within the government's apartheid policy.

After leaving the government, Owen Horwood became Chairman of the Board and Chief Executive Officer (CEO) of Nedbank in August 1984 and remained in this position until 1993. He then lived in Gauteng and settled in Stellenbosch in 1997 , where he worked on the consequences of a Died of a heart attack . He was married to a sister of the wife of Ian Smith , who was Prime Minister of Rhodesia from 1965 to 1979 .

Web links

• Entry in rulers.org
• Entry in prabook.com
• South Africa: Key Ministries