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This resource is hosted by the Nelson Mandela Centre of Memory, but was compiled and authored by Padraig O’Malley. It is the product of almost two decades of research and includes analyses, chronologies, historical documents, and interviews from the apartheid and post-apartheid eras.

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Keys, Derek Lyle

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Derek Keys joined the Industrial Development Corporation of South Africa in 1965. In the subsequent eight years he was involved in the development of many of the major South African industries. Until 1986 Keys played largely advisory roles for several international and local companies operating in South Africa. During these 21 years he joined the boards of, inter alia, Malbak, National Discount House, Asea, Price Forbes, Sandvik, Samancor and Sappi. In 1986 Keys was appointed executive chairman of the second largest mining finance house in South Africa, Gencor.

In December 1991 Keys was appointed Minister of Economic Co-ordination and of Trade and Industry. In 1992 the portfolio of Minister of Finance was added to Keys' tasks. He had previously served on government bodies in an advisory capacity, including the Commission for electricity, the Tax Advisory Committee and the State Presidents' Economic Advisory Council.

Keys was appointed Minister of Finance in 1994 but resigned shortly after the budget announcement in 1995.

Sources: Shelagh Gastrow, 1995. Who's who in South African Politics, Number 4. Johannesburg: Ravan Press.

This resource is hosted by the Nelson Mandela Centre of Memory, but was compiled and authored by Padraig O’Malley. Return to the Nelson Mandela Centre of Memory site.