They all linked to each other. From day one when the so-called constitution was signed. Financed by Open Society – George Soros. Here they with Thabo Mbeki.
The signing of agreements was in 2010 by the Chinese Vice-President Xi Jinping and South African Deputy President Kgalema Motlanthe meet for talks at Tuynhuys in Cape Town…..
Amongst the more significant investments was the $227 million acquisition by the Jinchuan Group and the China-Africa Development Fund of a 45% stake in Wesizwe Platinum, a junior company in the preliminary stages of establishing a mine …..
Kgalema Motlanthe became an Ivanhoe Mines Director in April 2018.
Mr. Motlanthe was President of South Africa for a period between 2008 and 2009, and subsequently served as the nation’s Deputy President from 2009 to 2014. He heads the Motlanthe Foundation that is dedicated to a range of public-benefit activities, including conflict resolution, promotion of human rights and democracy and the provision of care for pre-school-age children, along with buildings, equipment and educational support for public primary schools.
During his 10 years with the NUM, Mr. Motlanthe was credited with helping to establish the Mineworkers Investment Company, which was wholly-owned by the NUM and made investments in companies that did not pose a conflict of interest for the union.
Duriing May 2011, the China-Africa Development Fund, state-owned mining firm Jinchuan, and China Development Bank invested $877 million in listed junior platinum firm Wesizwe Platinum.
The investment is creating 3500 permanent jobs in North West. Other announced investments are in JSE-listed mining firms Metorex ($1.3 billion) and Gold One ($158.7 million),
FAW in an automotive manufacturing plant in the Eastern Cape ($100 million), and another automotive factory in Harrismith to the value of $1 biliion.
A handful of firms have been “industry shapers” in the Chinese economy. After entering the market in 1994, SAB Miller is the largest brewer by volume in China;
Sasol could become the single largest investor in China if it goes ahead with a coal-to-liquid project in China’s Ningxia province; and Naspers is the leading foreign media player in what is China’s most closed sector for foreign firms, having adopted an apolitical approach to investment, in contrast to that of Google.
Taung Gold International Limited is acutely aware of the significance of Chinese investment in South Africa. Chinese investors have been steadily building their direct and indirect investments in South Africa during the last decade. And it is not just in mining and minerals. read more about it ,,,
Suid-Afrika – China – Ramaphosa
TWITTER AND VIDEO MATERIAL
Desperate to distance itself from the Guptas, South Africa’s corrupt ANC is dismissing the brothers as a product of the tainted era of Jacob Zuma. But the Guptas built ties to the ANC starting under Mandela, who congratulates them here for a movie the Guptas have bankrolled.
Then the Guptas made contacts at the highest level in the ANC during the presidency of Mbeki, who speaks warmly about the brothers’ mother and the oldest son “Ajay,” in this video from 2007.
Our story on the improbable rise and fall of the Gupta brothers. My colleague
@selamgkidan and I reported in South Africa, Dubai and India to learn how they went from nothing in northern India to becoming the most powerful family in South Africa, all in a few short years.
Is it the truth or not, that Ajay Gupta was one of the economic advisers to Mbeki and was latter appointed into the brand SA board under Mbeki…