Zuma has accepted the resignation and thanked the Deputy Minister for his dedicated service and duty to his portfolio.
"We wish him well in his future endeavours but we are certain that his work experience and expertise will not be entirely lost to the public service but will be utilised elsewhere in the pursuit of the goal of meaningful economic transformation," said Zuma.
The President said the resignation was a huge loss given Godongwana's expertise, skills and experience.
Godongwana is widely regarded in economics, having served in various economic portfolios. From 1994 to 2009, he served as Member of Provincial Legislature in the Eastern Cape, becoming MEC for Provincial Treasury, Economic Affairs, Environment and Tourism from 1994 to 1998 and 1998 to 2004 as well as MEC for Economic Affairs, Environment and Tourism in the Eastern Cape until he joined the National Government in 2010.
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