What does the Shanduka Group own?
Shanduka Group was a South African investment holding company that has interests in extractive resources, telecommunications, food and beverage, property, financial services, energy, and industrial sectors. It was founded by the current South African president Cyril Ramaphosa.
What businesses does Cyril Ramaphosa own?
Shanduka Group has investments in the resources sector, energy sector, real estate, banking, insurance, and telecoms (SEACOM). He was also a chairman of Bidvest, and MTN. His other non-executive directorships include Macsteel Holdings, Alexander Forbes and Standard Bank.
Who owns Pembani group?
Company Overview Shanduka Group was founded in 2001 as a black-owned investment holding company. It was invested in a diverse portfolio of listed and unlisted companies, with key holdings in the resources, food and beverage industries.
Who bought shanduka?
DEPUTY President Cyril Ramaphosa has exited the Shanduka Group after the sale of his majority stake to Pembani Group, a company chaired by Phuthuma Nhleko, the MTN chairman.
Who owns MSA holdings?
The new developmental licensee will be a recently established local entity, MSA Holdings, which is owned by UAE-based Emirates African Restaurant Management Company.
Who is the black richest man in South Africa?
South Africa’s richest black man, Patrice Motsepe shares his top 7 tips for running a successful business. Patrice Motsepe has been a serial investor, and a leading billionaire industrialist with a diversified investment portfolio spread across key sectors of the South African economy.
Who is richest person in South Africa?
Given the current rankings, Johann Rupert firmly maintains his position as South Africa’s richest man, with the Bloomberg Billionaire Index also placing his net worth of an estimated $11.7 billion above Nicky Oppenheimer’s $8.0 billion fortune.
Who owns the McDonald’s franchise in South Africa?
Ramaphosa sells McDonald’s SA in 2016 News radio station 702 said the competition commission had announced the sale of the McDonald’s franchises to MSA Holdings, a company based in the United Arab Emirates.
Who is the CEO of Mcdonalds in South Africa?
Greg Solomon, Chief Executive Officer of McDonald’s South Africa, joined McDonald’s in 1996 as a Project Manager in the construction department.
Who is the richest family in South Africa?
South African Nicky Oppenheimer, who formerly ran diamond mining firm DeBeers before selling it to mining firm Anglo American a decade ago, ranks No.