Ramaphosa announces divestment of his R7bn-plus Shanduka stake

South Africa’s deputy president Cyril Ramaphosa has announced that he is to sell his entire stake in Shanduka, a company worth well north of R20bn. The former trade unionist who, in 1982, became the first General Secretary of the National Union of Mineworkers,  started Shanduka in 2001. In the past dozen years during which he … Read more