Ramaphosa, Malema and Maimane declare assets, businesses and gifts

Ramaphosa, Malema and Maimane declare assets, businesses and gifts

- Public officials accountable to Parliament have declared their interest

- These include businesses, shares, properties, and gifts

- Ramaphosa has dozens of properties

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South Africa's public officials accountable to Parliament have declared their businesses, shares, properties, and gifts.

On 5 June, Parliament's Joint Committee on Ethics and Members’ Interests released the full Register of Members' Interests for 2017.

Briefly.co.za highlights some of the interests of top politicians, including President Cyril Ramaphosa, EFF leader Julius Malema, and DA leader Mmusi Maimane.

President Cyril Ramaphosa

Ramaphosa's status as one of South Africa's wealthiest people is well known, and the interests he declared show just how rich he is.

In the period under consideration, he owned 100 shares in his game farming company, Ntaba Nyoni Estates, worth a whopping R120,735,000.

The president also held 7,500 shares in paper packaging company, Mondi Ltd, worth R2,729,000 and 100 shares in Ntaba Nyoni Feedlet worth R6,070,450.

Ramaphosa also held directorships and partnerships in 13 companies operating in various fields, including share trading and game farming.

In addition, he owns 31 properties, mostly townhouses, in Johannesburg and Cape Town. Gifts he received included fine wine, cigars, and books, among others.

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Mmusi Maimane

The DA leader held directorships and partnerships in six companies within the period covered. He holds sole proprietorship in Maimane Training and Communications.

Maimane owns two houses in Roodepoort and was a trustee in Kgalaletso Kgosi Trust.

He received a dozen gifts from various individuals and entities. These include complimentary accommodation from Fairways Hotel worth R42,848.50 and presidential shirts from Desre Buirski R31,893.78.

Various sponsors, including churches, also paid for his travel around the world, including to Palestine, Australia, and New Zealand.

READ ALSO: Malema: No one should fight for a piece of land

Julius Malema

Malema seemingly did not have much to declare. He holds trusteeships in four trusts.

They include Ratananang Family Trust, Kopano Charity Trust, Mazimbu Investment Trust, and Mushedzi Family Trust.

The EFF leader also owns a house in Port Elizabeth.

To view the full register, visit Parliament's website here.

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Source: Briefly.co.za

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