Mosebenzi Zwane

Where is Gupta R1.5bn stash?

An affidavit by Finance Minister Pravin Gordhan appears to reveal that the Department of Mineral Resources withheld information related to its approval of the transfer of R1.5-billion from a trust account intended for the rehabilitation of the Gupta-owned Optimum Coal Mine to India’s Bank of Baroda. Mineral Resources spokesman Ayanda[…]

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Guptas have business link to Mines Minister Zwane

Three months after he was appointed minister of mineral resources, Mosebenzi Zwane helped the Gupta family acquire Glencore’s [JSE:GLN] Optimum colliery. Now it has emerged that his political adviser has a business connection with the Guptas, close friends of President Jacob Zuma. After Zuma promoted Zwane from provincial politics to[…]

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