David Masondo (born 14 November 1974) is a South African politician who is currently serving as Deputy Minister of Finance since May 2019. He is also the second deputy general secretary of the South African Communist Party (SACP) and a member of the National Executive Committee of the African National Congress (ANC).
Born in Limpopo, Masondo entered politics as a student activist, serving as deputy president of the South African Students Congress and later as the provincial chairperson of the ANC Youth League from 2003 to 2005. He rose to national prominence as the inaugural chairperson of the SACP's Young Communist League from 2003 to 2010. By the end of his tenure in that position, he had broken ranks with the SACP's national leadership to emerge as a political opponent of President Jacob Zuma.
From February 2011 to May 2014, Masondo represented the ANC in the Limpopo Provincial Legislature, where he was Member of the Executive Council for Finance until July 2013 under Premier Cassel Mathale. His department was controversially placed under national administration in December 2011. He was elected to the National Assembly in the 2019 general election, whereafter he was appointed as Deputy Minister of Finance under the second cabinet of President Cyril Ramaphosa.
A member of the SACP since 1993, Masondo was first elected to the party's Central Committee in July 2007. He was elected to a five-year term as second deputy secretary in July 2022. He joined the ANC National Executive Committee in December 2017, and he has been the principal of the ANC's political school, the O. R. Tambo School of Leadership, since it was launched in 2019.