$580 000 at Phala Phala farm used as guarantee for buffalos acquisition: Kganyago

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Reserve Bank Governor Lesetja Kganyago has detailed how the $580 000 ended up at President Cyril Ramaphosa's Phala Phala farm on Christmas day in 2019.

[FILE PHOTO] South African Reserve Bank Governor, Lesetja Kganyago.has detailed how the $580 000 ended up at President Cyril Ramaphosa’s Phala Phala farm on Christmas day in 2019.

The foreign currency was received by Acting Manager of the Phala Phala Lodge Sylvester Ndlovu from Sudanese businessman and buyer, Hazim Mustafa.

 

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