South African company United Manganese of the Kalahari – which is partly owned by Russian oligarch Viktor Vekselberg – says it will not be affected by EU or US sanctions as it is fully compliant with minimum requirements.
UMK was started as a joint venture between Vekselberg’s Renova group and an SA BEE investment vehicle in 2011. Among the BEE investors in the ANC’s investment vehicle, Chancellor House, which holds an indirect interest of less than 25%.Subscribe to News24 for just R75 per month to read all our investigative and in-depth journalism. You can cancel any time.
Fin24 politicsblahbla Oh so when he is Russian he is an Oligarch, but when from the US and Western Europe he is an investor, entrepreneur, mogul etc... We see through you Propaganda24.
Fin24 politicsblahbla No wonder MYANC is bending over backwards for a criminal regime.
Fin24 politicsblahbla And black people are busy fighting each other over peanuts yet the real foreigners are milking Africa dry
Fin24 politicsblahbla The same United Manganese of the Kalahari that donates millions to the ANC? I’m sure they’ll be alright under the current administration, nobody dare upset Cyril’s buddies!