Noluthando vavi business plan

Intsika Yembokodo Development Projects was started in and registered at a property in Sunninghill, Sandton, which is owned by Reddy, the Durban businessman who allegedly bankrolled Zuma in his comeback years.

Noluthando vavi business plan

Noluthando vavi business plan Zuma Inc has become shorthand for the rise of the Zuma family's business interests, but since Jacob Zuma's accession to power there has been a similar growth in what might be termed "Zuma. Their growth since Zuma became president and the increasing donations they appear to be garnering from private business are a source of concern, because at least some of them could have political and personal, rather than philanthropic, motives and their funding, spending and governance are opaque.

The president also remains the beneficiary of the Friends of Jacob Zuma Trust, initially set up to cover his legal fees when he was facing fraud and corruption charges relating to the arms deal. The proliferation of organisations raises the risk that some donations could be used to procure political influence, or competitive advantage in state tenders.

Other known donors include major beneficiaries of government business such as EduSolutions, the company at the heart of the Limpopo textbooks row, and major antiretroviral drugs supplier Cipla.

In both cases, the donations were revealed on the companies' websites.

noluthando vavi business plan

EduSolutions also procures and distributes textbooks in Mpumalanga, Limpopo, KwaZulu-Natal and Gauteng at an estimated cost to the state of R1-billion a year. None of the foundations or trusts, with the exception of the Jacob Zuma Education RDP Trust, has lodged an annual report with the department of social development, which means the sources of their funding and the way they use their money are hidden.

When non-profit organisations NPOs are registered, they are required by the Nonprofit Organisations Act to submit annual reports to the social development department within nine months of the end of the financial year.

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Little is known about how the Zuma family NPOs operate: Integrity and credibility All the organisations claim legitimacy. The Jacob Zuma Foundation, for example, "prides itself on its ethics, integrity and credibility".

However, its aims are not altogether clear and its operations lack transparency. This has also deepened suspicions that, besides their professed philanthropic aims, the trusts and foundations could have been set up to draw support from the private sector to maintain the lifestyles of the large Zuma family, buy patronage or strengthen Zuma's support base, particularly in provinces where it is shaky.

Masibambisane, for example, recently handed out tractors in the Eastern Cape, where the ANC is divided over Zuma's leadership. The tractors appear to have been sourced from the provincial agriculture department. Agriculture Minister Tina Joemat-Pettersson announced the donation of Rmillion to Masibambisane at a government function in Qumanco in the Eastern Cape three weeks ago.

The programme is a government initiative set up to buttress smallholder farmers and food security in rural areas. The Zuma family's NPOs benefit from their connection with the state in other ways.

The public service department, for example, organises a fundraising golf day that channels funds to the Jacob Zuma RDP Education Trust. And it was reported that Telkom, in which the government has a controlling shareholding, made a R1-million donation to the Jacob Zuma Foundation last year as part of a branding exercise.

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Motsepe is among the largest backers of Zuma Inc's non-profit endeavours. He reportedly made a Rmillion donation to the Jacob Zuma Foundation in October and was present at the launch of Masibambisane in early in Nkandla.

Motsepe donates either through the Motsepe Foundation, African Rainbow Minerals or companies in which it has a stake, such as Harmony Gold. In January, Sekunjalo subsidiary Premier Fishing won an Rmillion tender from the department of agriculture fisheries and forestry for the policing of South Africa's coastal waters.

It later backed out of the deal after hitting major flak over a perceived conflict of interests.

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Sekunjalo appears keen to win the good opinion of the Zuma government. The minister failed to declare the benefit to Parliament.

Durban billionaire Vivian Reddy, whose company Edison Power has won major contracts with the eThe-kwini metro and is a known bankroller of ANC struggle veterans, is also a donor. Contacted for comment, his office said he was on leave and could not answer questions. Lawal has been linked to at least two controversial business deals in Africa.

His lawyers denied impropriety. And this year, the United Nations pointed a finger at an allegedly illegal gold transaction between him and a wanted Congolese warlord.

However, it only became a registered trust in when Absa Bank was brought on board. Shortly after the formation of the trust it absorbed another post-democracy NPO with political aims, the Peace and Reconciliation Foundation.

According to one former member, it was used to reward communities that abstained from factional conflict, particularly between the Inkatha Freedom Party and the ANC in KwaZulu-Natal. Since Zuma's rise to power, the trust has grown in prominence and now boasts a host of influential backers.

One of its current fundraising initiatives is at the annual Presidential Address Golf Challenge, organised by the department of public service and administration, at which a breakfast or dinner "opportunity" with the president is auctioned for at least R1.

The golf day traditionally coincides with the State of the Nation address and the "partner package" is offered on its website.View Noluthando Deyi’s profile on LinkedIn, the world's largest professional community.

Noluthando has 3 jobs listed on their profile. See the complete profile on LinkedIn and discover Noluthando’s connections and jobs at similar companies. Lesetja Kganyago confirms SA central bank will raise benchmark repo rate to percent. JOHANNESBURG - Zwelinzima Vavi&39;s wife Noluthando says she is happy that her family has been vindicated with the court&39;s ruling that her husband&39;s suspension from Cosatu was declared invalid and set aside.

View Noluthando Vavi’s profile on LinkedIn, the world's largest professional community. Noluthando has 4 jobs listed on their profile.

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See the complete profile on LinkedIn and discover Noluthando’s connections and jobs at similar ashio-midori.com: Senior Manager at African . A probe of the wives of political leaders shows that President Jacob Zuma's second wife, Nompumelelo Ntuli, and Cosatu chief Zwelinzima Vavi's second wife, Noluthando Vavi, share business interests in a property registered in the name of Vivian Reddy.

Zuma Inc has become shorthand for the rise of the Zuma family's business interests, but since Jacob Zuma's accession to power there has been a similar growth in what might be termed "ashio-midori.com

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