We have a direct contradiction between the President and his son… Andile Ramaphosa told me a different story… he says he’s never seen the money… Maybe this issue needs to be looked at a bit deeper.— Kyle Cowen, News24
President Cyril Ramaphosa told Parliament that he believes a payment of R500 000 to his son Andile by facilities management company Bosasa is legitimate.
Andile Ramaphosa owns a financial consultancy that does work for a number of companies, including Bosasa.
Democratic Alliance leader Mmusi Maimane challenged Ramaphosa about the payment in the National Assembly on Tuesday.
Ramaphosa told Maimane he questioned his son about the payment when the matter was first brought to his attention some time ago.
I asked him at close range whether this was money obtained illegally or unlawfully and he said this was a service that was provided and to this end, he actually even showed me a contract that he signed with Bosasa.— President Cyril Ramaphosa
Ramaphosa says he will take his son to the police himself if he is found to be corrupt.
Listen to the interview in the audio below (and/or scroll down for more quotes from it).
The DA says the President and his son must release the contract to the public, so we can be sure…— Kyle Cowen, News24
At the NPA there’s been a freeze of the Bosasa case… I’ve seen the evidence… people will be charged…— Kyle Cowen, News24
Get the 10 most-read articles of the week from Bruce Whitfield’s The Money Show, emailed to you every Friday morning:
Recommendedby NEWSROOM AI
The most popular non-alcoholic drink among South Africans between ages 18 and 24 is Coca Cola, according to the PAMS 2018 survey.
The Money Show's Bruce Whitfield interviews the author of "The Heavy Chef Guide to Starting a Business in South Africa".
The Money Show’s Bruce Whitfield interviews small business guru Pavlo Phitidis, founder of Aurik Business Accelerator.
He came up with the idea for "Pelebox" after contracting tuberculosis and having to queue for medicine at a state hospital.
But your beliefs and fears about money may be holding you back, says Certified Financial Planner Kim Potgieter.
Faction fighting will continue, but President Ramaphosa is stronger than he was 18 months ago, says political analyst JP Landman.
Daily Maverick's contributor Heidi Swart says service providers that install surveillance monitors need to be responsible.
Khabazela shares tweets and Facebook posts that have gone viral.
Magda Wierzycka – Sygnia’s renegade CEO – on her attitude toward money (hopes and fears, successes and failures, etc.).
Clinical sexologist Dr Eve advises how to deal with bad sex and how to properly communicate when displeased.
Bruce Whitfield interviews Mike Schussler (Economists.Co.Za), Busisiwe Radebe (Nedbank) and Edward Kieswetter (Sars).
TymeBank has no branches and no monthly fees. Most transactions are free. Bruce Whitfield interviews its CEO.