11 takeouts on Andile Ramaphosa's 'dodgy' Bosasa millions

accreditation
Andile Ramaphosa. (LinkedIn)
Andile Ramaphosa. (LinkedIn)

Businessman Andile Ramaphosa has been thrust into the spotlight for his company's work with scandal-hit Bosasa, now called African Global Operations. The controversial company has emerged as a big player in the web of state capture.

Here are key takeouts and a wrap of News24's coverage involving the man caught in the chaos:

  • Andile Ramaphosa owns a company called Blue Crane Capital
  • It has earned about R2m in accumulated monthly payments from Bosasa since February 2018 to December 2018
  • The money relates to "advisory" work on more than 20 state and private contracts in Uganda and Kenya
  • Chinese security tech giant Dahua Technology, the world's second-largest security and surveillance equipment manufacturer, seemingly played a crucial role in these projects
  • The Bosasa deal was signed as Cyril Ramaphosa assumed leadership of the ANC
  • Bosasa CEO Gavin Watson also donates R500 000 to Cyril Ramaphosa's ANC presidential campaign, in a transaction that was designed to be hidden from scrutiny.
  • Ramaphosa's campaign managers decided to return the money, saying they were not aware who made the donation
  • Andile Ramaphosa denies ever using his 'influence' to secure Bosasa tenders
  • He says he regrets entering into a business agreement with Bosasa
  • Bosasa is under currently caught up in a legal case relating to liquidation proceedings
  • The president reiterated his commitment to appear before the state capture commission

Andile Ramaphosa admits Bosasa paid him R2m

President Cyril Ramaphosa's son Andile has admitted that corruption-accused company Bosasa paid him R2m in a business deal he "sincerely regrets". In an exclusive interview on Monday, Ramaphosa Jr confirmed details of a News24 investigation spanning several months, which lifted the lid on the secretive agreement.

Ramaphosa responds to reports about his son and Bosasa

President Cyril Ramaphosa has responded to testimony before the state capture commission of inquiry and as well as report published by News24 relating to his son, Andile.

The Ramaphosas' Bosasa money: Same script, different cast

Andile Ramaphosa may very well have been in business long before his father returned from the political wilderness. But he knew his name was his ace card and was willing to use it, writes Redi Tlhabi.

Why Andile Ramaphosa's relationship with Bosasa is a problem

Revelations that the son of President Cyril Ramaphosa received more money from Bosasa/African Global Operations than he previously admitted, shows to what extent the company went to buy influence.

From China to Krugersdorp: Andile Ramaphosa and the Bosasa 'billions'

Andile Ramaphosa, the son of President Cyril Ramaphosa, has a far closer relationship with corruption-accused facilities management and security company Bosasa than he and his father have been willing to admit - until now.

Andile Ramaphosa denies ever using his 'influence' to secure Bosasa tenders

President Cyril Ramaphosa's son, Andile Ramaphosa, has responded to a text message in which a Bosasa employee stated Ramaphosa Jr would use his "influence" to secure tenders.

"I have never offered to use my 'influence' to assist AGO [Bosasa] nor have I ever been in a position to do so," he said in a statement on Wednesday.

KEEP UPDATED on the latest news by subscribing to our FREE newsletter.

- FOLLOW News24 on Twitter


We live in a world where facts and fiction get blurred
In times of uncertainty you need journalism you can trust. For only R75 per month, you have access to a world of in-depth analyses, investigative journalism, top opinions and a range of features. Journalism strengthens democracy. Invest in the future today.
Subscribe to News24
Lockdown For
DAYS
HRS
MINS
Voting Booth
Children between 12 and 17 can now be vaccinated against Covid-19. As a parent I am:
Please select an option Oops! Something went wrong, please try again later.
Results
Relieved, it's been a long wait to this point
50% - 2833 votes
A bit hesitant, and will wait to see how it goes
21% - 1173 votes
Completely against my child getting the shot
29% - 1611 votes
Vote
Rand - Dollar
14.85
-1.2%
Rand - Pound
20.49
-0.4%
Rand - Euro
17.30
-0.2%
Rand - Aus dollar
11.09
-0.2%
Rand - Yen
0.13
-0.1%
Gold
1,793.05
0.0%
Silver
24.33
0.0%
Palladium
2,023.00
0.0%
Platinum
1,043.50
0.0%
Brent Crude
85.53
+1.1%
Top 40
60,525
+1.7%
All Share
67,051
+1.5%
Resource 10
62,969
+2.5%
Industrial 25
86,659
+1.4%
Financial 15
13,849
+0.2%
All JSE data delayed by at least 15 minutes Iress logo
Editorial feedback and complaints

Contact the public editor with feedback for our journalists, complaints, queries or suggestions about articles on News24.

LEARN MORE