Cyril Ramaphosa

Matamela Cyril Ramaphosa is a South African politician, businessman, activist, and trade union leader who has served as the Deputy President under President Jacob Zuma since 2014. He is the chairman of national planning commission which is accountable for the strategic planning of the country.

Cyril Ramaphosa made his fortune mostly through the Shanduka group, though he is also the chairman of Bidvest, while being a non-executive director in Macsteel Holdings, Alexander Forbes and Standard Bank.

In recent times he continues to be criticised yet for his business interests – including a seat on the board of Lonmin. He’s married to Dr. Tshepo Motsepe and he’s four kids.

In August 1982, Cusa concluded to form National Union of Mineworkers (NUM) and in December Ramaphosa became its first secretary. Ramaphosa was convention organizer in the groundwork resulting in the foundations of the Congress of South African Trade Union (COSATU). He presented a keynote address at Cosatu’s start rally in Durban in December 1985.

Under his direction, union membership grew from 6,000 in 1982 to 300,000 in 1992, giving it control of almost half of the absolute black work force in the South African mining sector. As General Secretary, he, James Motlatsi (President of NUM), and Elijah Barayi (Vice President of NUM) also directed the mineworkers in among the largest strikes ever in South African history.

 

CYRIL RAMAPHOSA – net worth – R7.4 Billion.

Read also : Ramaphosa takes another swipe at Pres. Zuma.