home WMC Ministers Exposed: Ramaphosa Fools South Africa with Business Disinvestment Eyewash – Loots via Douglas Ramaphosa

Exposed: Ramaphosa Fools South Africa with Business Disinvestment Eyewash – Loots via Douglas Ramaphosa

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All of us know who Cyril Ramaphosa is and what he aspires to become. If he had his way, he’d get each one of the branches of the African National Congress to vote for him as the next President in the upcoming December elections, and then in 2019, he would expect the people of South Africa to do the same and choose him as the next President of the country.

What many of us do not know is something as important as voting to select South Africa’s next President, if not more.

While Cyril Ramaphosa has announced so, and he would very much like everyone to believe that he has made an exit from all of his businesses and completely divested his stake in several Shanduka companies in the regulated sectors (banking, mining, etc.) and handed them over to to Phuthuma Nhleko, MTN’s former CEO, and a longtime friend and confidante of his. This is not the whole truth.

Cyril Ramaphosa has also confirmed that he has put all his businesses in the unregulated sectors, particularly his F&B companies, Coca-Cola Shanduka Beverages and McDonald’s SA, under the watch of blind trusts and that he will not participate at all in decision making of these entities. This again is not the whole truth.

The truth is that Cyril Ramaphosa has entrusted ONLY the responsibility to manage his business affairs to carefully vetted professionals, more as CEOs, who are to be remote controlled by Cyril himself through his brother, Douglas Ramaphosa.

This report is based on a detailed investigation and analysis of available media reports, and interviews of people close to the Ramaphosa brothers, Phuthuma Nhleko and some key employees of Cyril’s companies and foundations.

Our analysis exposes the unholy nexus of Cyril Ramaphosa and his brother Douglas Ramaphosa and how they intend to use the willing stooges, Phuthuma Nhleko and the Trustees managing the “blind trusts,” to make sure that Cyril keeps benefiting from his businesses even after having “divested” his stake in them or put them in those “blind trusts.”

The next part of this investigative report will expose the role of Douglas Ramaphosa, who is as secretive as they come, and a thorough professional with an incisive mind and business acumen matching that of his brother Cyril’s. The only thing where the two brothers differ is their willingness to be visible. While Cyril is a media darling and simply loves the attention, Douglas Ramaphosa likes to stay behind the curtains, for good reason.

More in the next instalment of this series… stay tuned!

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  • UThando LwaBathembu

    I fail to understand any wrongdoing on the part of Cyril Ramaphosa in this report, it is my understanding that he was a business man when he ascended to the office of Deputy President of both ANC and the State. Do we expect him to relinquish his businesses? Or better yet he should have given then to media personnels perhaps? Please don’t tell me you expect him to be poor just because he is running for the top job. “Has entrusted only the responsibility to manage his business affairs to carefully vetted professionals, more as CEO’s”, isn’t this what you’d expect from a business person of his caliber? Could it be because it’s news to you or “investigative report” because he is a black person? His brother is “thorough professional with an incisive mind and business acumen matching that of his brother’s” how is this wrong? If he chooses to be private with his life then that’s his call to make as I don’t hear you saying he is occupying any public office or he is a celebrity. Write about the wrong or unlawfulness they have done or let them be, calling Phuthuma Ntleko a “stooge” because he is a successful black businessman is a bit below the belt.

    • Dan Ntsala

      Agreed 100%

    • Khothatso Mothoa

      I salute you my brother. It seems like whoever wrote this article is out to tarnish every black man who’s doing well & trying to utilize media to twist our heads & hoping that we will fall for whatever nonsense they put out there. I won’t be surprised if the person who wrote this belongs to DA. Sometimes we need to have a look at people who write this article and find out if they ever expose Private sector which is predominantly white? Think black man think!!!

    • Mouton

      Cyril is earning much that is none of our concern, our concern must go on how he is earning money. did he make money while empowering locals? no, he is not, he is making tons of money by investing in multinationals. If he has given the opportunity to lead the south Africa, he must serve the country diligently.

  • Rauxx

    Do you think we are all fools to believe you? We know very well that quitting business and becoming a social worker is your new strategy Ramaphosa.

  • Thomas

    Since we know your nature of running after money, it is clearly visible that your blind trusts are your puppets.

  • Bane

    Being a businessman got caught of shifting billions of Rands into offshore tax havens. If given a chance to become a President, he might empty government’s treasury.

  • Helen R. Miller

    Ramaphosa not only learnt how to be corrupt but he also learnt about nepotism. The family gets to replaces democracy both in politics and business.

  • Nosicelo Mntumni

    Cyril Ramahosa is talking about removing unemployment from the country, a person who got the miners killed in Marikana massacre on August 12, 2012 speaking of such pious things sounds out of place.

    • RENDANI NEVONDO

      As if u were going to fold ur arms n keep quiet after 10 innocent workers were killed right

  • Vivant Mampondo Zongo

    SA has long been captured & will 4eva b aslong abantu bethu bengazi belandela nje as innocent sheeps during a sunny day..

  • Dumile

    I don’t see anything wrong about that here I Zuma he is using the Guptas viva Ramaphosa nawe hamba uyodla

  • Daphney Nthambeleni

    Go and hang he’s conducting. His business not stealing from treasury

    • Mouton

      I hope you can understand this fact sooner or later, doing business is altogether different from doing ethical business.