Zuma's new finance minister van Rooyen has fingers in several mining‚ business pies
Parliament's latest register of members' interests lists a plethora of business interests‚ shares and directorships held by David van Rooyen. The unknown back-bencher was appointed finance minister by Jacob Zuma in a shock announcement in which he axed the highly regarded Nhlanhla Nene.According to the register‚ Van Rooyen has interests in companies that operate in diverse fields such as mining and 'protection services'.The register lists 'shares and financial interests' in:Welkom Yizani (430 shares)‚ News24's black empowerment vehicle;Asonge (230 shares)‚ the National Empowerment Fund's share scheme; and Khalisa (106 shares)And‚ he has 'directorships and partnerships' in:Lake Bloomer EnterprisesMuziovulile Mining ProjectsSukuta EnterpriseWalinzi Protection ServicesPhambin Services..
There’s never been a more important time to support independent media.
From World War 1 to present-day cosmopolitan South Africa and beyond, the Sunday Times has been a pillar in covering the stories that matter to you.
For just R80 you can become a premium member (digital access) and support a publication that has played an important political and social role in South Africa for over a century of Sundays. You can cancel anytime.
Already subscribed? Sign in below.
Questions or problems? Email helpdesk@timeslive.co.za or call 0860 52 52 00.