- Former president Jacob Zuma and his family made the most of his 9 years in office
- Zuma family members used political clout to secure lucrative business deals
- Members of the Zuma clan have held positions as members of boards, executives and top management of various companies in the last 9 years
Former president Jacob Zuma and his family made the most of his nine years as president of the country.
Zuma’s immediate family has used (imagined or real) political clout to secure lucrative business deals over the years. This same clout has allowed Zuma’s to serve as board members, executives and senior managers at various companies.
Briefly.co.za looks at how various members of the Zuma clan are alleged to have benefited from politics over the last nine years.
Msholozi has never been far from controversy (or allegations of corruption). The Masibambisane Rural Development Initiative, which JZ heads as chairman is said to have benefited from an R800 million deal with the department of agriculture, forestry and fisheries. The wonky deal was later rescinded.
Zuma’s various charities and foundations have over the years benefited from huge cash injections by private business entities, most notably from the mining sector.
Probably the most controversial Zuma and currently on the run from the Hawks, Duduzane is known to have business dealings with the Guptas.
Duduzane has links to 21 companies and is or has been a board member, or non-executive member of several Gupta-owned companies including, Westdawn Investments, JIC Mining and Sahara Computers.
He owns 30% of ANN7 and has shares in Tegeta mine.
The eldest of JZ’s sons has proven to be a political firebrand, he was forced to apologise to Pravin Gordhan and Derek Hanekom after accusing them of being stooges of white monopoly capital.
The Is’thebe group of companies appointed Edward in a development role. The group is littered with Zuma’s who serve on its board.
Edward is or has been in directorship positions at 10 companies since his father took office. Edward has been linked to controversial cigarette manufacturer, Yusuf Kajee.
Unlike her brothers, Duduzile has kept a low public profile. She has been linked to 13 companies but resigned from at least five, this includes the Gupta-owned Sahara Computers.
Duduzile currently sits on the board of Duzi Investment Holdings and founded an events and PR company called African Star Communications.
JZ’s nephew Khulubuse reportedly build an oil empire worth over R100 billion in the Democratic Republic of the Congo (DRC) after the country’s president gave him two oil concessions.
Khulubuse has been involved in a staggering 32 companies over the years, currently, he is still active in at least seven of those.
His Aurora mine was infamously stripped of its license after failing to pay employees.
There are many other members of the Zuma family who have used their family name to further their own personal interests, not all of those are by nefarious means.
Some members of the Zuma family are undoubtedly worried about what their future holds now that their patron is no longer in a position of power.
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