Zuma’s new finance minister has his fingers in more pies than one
David van Rooyen’s list of business interests reads like a smorgasbord of potential conflict of interest; then again, he was appointed by the one and only Jacob Zuma.
First day on the job and van Rooyen has already mad eheadlines for having oh so many fingers in so many pies.
Parliament’s register of members’ interests lists a sh*tload of peripheral business interests, shares and directorships held by our new finance minister.
The relatively unknown MP last night became the newest in a string of Zuma-appointed ‘yes men’, and has interests in a diverse portfolio of businesses ranging from mining to media.
Van Rooyen’s financial interests and shares include:
- Welkom Yizani (430 shares)‚ News24’s black empowerment vehicle;
- Asonge (230 shares)‚ the National Empowerment Fund’s share scheme; and
- Khalisa (106 shares)
On top of that, he holds directorship on a hell of a lot of boards:
- Lake Bloomer Enterprises
- Muziovulile Mining Projects
- Sukuta Enterprise
- Walinzi Protection Services
- Phambin Services
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