Last day for Deputy Minister Godongwana

2012-01-16 16:38

Cape Town - Monday was Deputy Economic Development Minister Enoch Godongwana's last day at the office after he quit on Sunday.

Presidency spokesperson Mac Maharaj said Godongwana had resigned to "pursue personal interests".

President Jacob Zuma had accepted the resignation and thanked the deputy minister for his dedicated service and duty to his portfolio and to the national executive in general, he said.

In June, Godongwana and his wife, Thandiwe, were reportedly linked to a company that disappeared with R100m in workers' pensions.

The SA Clothing and Textile Workers' Union (Sactwu) is trying to get back the R100m of pension funds from an investment company.


It was reported at the time that the money had been placed with Trilinear Empowerment Trust, which in 2007 agreed to lend R93m to Canyon Springs Investments 12 to buy an unnamed and unlisted company.

The deal did not happen.

Canyon Springs Investments 12 could not repay the loan as it had allegedly "lost" the workers' money.

The Godongwanas acknowledged to The Star newspaper that one or the other of them had been linked to Canyon Springs since at least November 2007.

They said Enoch Godongwana had been chairperson from November 2007 to May 2009, while his wife had been a non-executive director since May 2009.

The loan payments were made from March 2007 to December 2009, and the loan agreement was signed in February 2009.

The Cape Times reported on Monday that, according to Maharaj, Godongwana had approached Zuma in December asking to be relieved of his portfolio, but the president had asked him to stay on until mid-January.

Maharaj would not comment on the inquiry into the misappropriation of the pension money.

The Cape Times said the Godongwanas owned 50% of the shares in the company through a family trust.


Godongwana appeared before the inquiry late last year, but his evidence could not be reported as there was a possibility of him being recalled to give further testimony.

The inquiry was expected to resume this month.

It has so far led to two arrests - those of former pensions consultant Richard Kawie who, with Mohan Patel owned through family trusts the other 50% of shares in Canyon Springs; and Sam Buthelezi, who was the sole director of the black empowerment asset management company, Trilinear Capital.

Kawie reportedly facilitated the loan, which was invested by Trilinear, the Cape Times said.

Godongwana has denied being aware that clothing workers’ provident fund money was involved in the loan made to Canyon Springs.

Economic Development Minister Ebrahim Patel’s spokesperson Saleem Mowzer said the minister would not comment on the matter.

He referred all queries to Maharaj, saying: "The presidency is dealing with it."

Godongwana is a member of the ANC's economic transformation committee.

He was previously the deputy minister of public enterprises and served as a member of the provincial legislature in the Eastern Cape.

Democratic Alliance spokesperson Kobus Marais welcomed Godongwana's resignation.

"It does, however, raise questions about whether the deputy minister was pushed out of office before all the investigations into his actions have run their full course," he said.

Godongwana still needed to be held fully accountable for his involvement in Canyon Springs, and the investigations by the police and the public protector should continue until the true extent of "his involvement is established", Marais said.


Read more on:    sactwu  |  enoch godongwana  |  corruption

Read News24’s Comments Policy publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
Add your comment
Comment 0 characters remaining

Inside News24


Zille: Only DA can challenge ANC in F State

The DA is the only party that can challenge the ANC in the Free State, opposition party leader Helen Zille says.


Latest elections multimedia

Why Jack Parow wants you to vote on 7 May
The ad the SABC doesn't want to air
Elections 2014 in one cartoon
This year's election posters
  • Monday Muizenberg - 15:04 PM
    Road name: Main Road Southbound
    HEAVY DELAYS between Muizenberg and Fish Hoek
  • Monday Sir Lowry's Pass - 13:45 PM
    Road name: N2 Westbound
    HEAVY TRAFFIC over Sir Lowrys Pass - expect delays
More traffic reports...

Jobs in Cape Town [change area]

Property [change area]

Travel - Look, Book, Go!

Escape winter, head to Mauritius

Escape winter by spending 7 nights in Mauritius' tropical bliss from R13 215 per person sharing. Includes return flights, airport transfers and accommodation. Book now! - shop online today

Get many eggs in one basket!

Gaming bundles: 2 Super Hits games for R99, 3 Disney games for R99 and more + exclusive accessory bundles only available on While stocks last. Shop now!

25% off bestselling books!

The Real Meal Revolution by Tim Noakes, Jeffrey Archer’s Be Careful What You Wish for, Man’s Search for Meaning by Victor E. Frank and many more titles. Shop now!

Up to 25% off electronics

Buy top electronics and save up to 25%. Such as’s 1# selling product the gobii eReader, Patriot X Porter flash drive, Asus Nexus 7” 3G tablet, Samsung Galaxy SIII, Lenovo G580 Notebook and many more. Shop now!

DStv HD PVR Decoder now R949

The DStv HD PVR Decoder has further revolutionised the television experience with lifelike viewing, sharper images, more vibrant colours and precision picture quality. Now R949, save R550. Offer valid while stocks last. Shop now!

Up to 30% off appliances & homeware

Save up to 30% on appliances and homeware this Easter! Offer valid while stocks last. Shop now.

OLX Free Classifieds [change area]

Samsung Galaxy s4

Mobile, Cell Phones in South Africa, Western Cape, Cape Town. Date October 24

Best bargain in big bay

Real Estate, Houses - Apartments for Sale in South Africa, Western Cape, Cape Town. Date October 25

VW Golf 6, 1.6 Trendline (Excellent condition)

Vehicles, Cars in South Africa, Western Cape, Cape Town. Date October 25

Samsung Galaxy Note 16GB

GALAXY Note combines the market's largest HD Super AMOLED display,...

From R3899.00

I'm shopping for:


There may be a break through, either through quiet contemplative time to connect to your deep side or forced on you more

There are new stories on the homepage. Click here to see them.


Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.

Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire network.


Location Settings

News24 allows you to edit the display of certain components based on a location. If you wish to personalise the page based on your preferences, please select a location for each component and click "Submit" in order for the changes to take affect.

Facebook Sign-In

Hi News addict,

Join the News24 Community to be involved in breaking the news.

Log in with Facebook to comment and personalise news, weather and listings.