TGM 0.00% 15.0¢ theta gold mines limited

Ann: Trading Halt, page-20

  1. 5,847 Posts.
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    I found this video interesting.
    The thing that stuck out to me was this about the SA President Cyril Ramaphosa who has mining connections and history even standing up to the protesting groups at times. He seems to be pro mining and resources and Bill mentions this in the video.....

    wikipedia
    Business career[edit]Among other positions, he was an executive chairman of Shanduka Group, a company he founded. Shanduka Group has investments in the resources sector, energy sector, real estate, banking, insurance, and telecoms (SEACOM).[105] He was also a chairman of Bidvest, and MTN. His other non-executive directorships include Macsteel Holdings, Alexander Forbes and Standard Bank. In March 2007, he was appointed Non-Executive joint Chairman of Mondi, a leading international paper and packaging group, when the company demerged from Anglo American plc. In July 2013, he retired from the board of SABMiller plc.[106]He is one of South Africa's richest men,[107] with an estimated wealth of R6.4 billion ($450 million).[108]In 2011, Ramaphosa paid for a 20-year master franchise agreement to run 145 McDonald's restaurants in South Africa.[109] Shortly after the 2014 general election, Ramaphosa announced that he was going to disinvest from Shanduka to fulfil his new responsibilities as Deputy President without the possibility of conflict of interest.[110] McDonald's South Africa announced that there would be a process underway to replace Ramaphosa as the current development licensee of the fast-food chain operation in South Africa.[111]In 2014, after Ramaphosa became Deputy President of South Africa, the Register of Members' Interests, tabled in Parliament, revealed his wealth. Over and above the more than R76 million he had accumulated in the company shares, the documents showed that he owned 30 properties in Johannesburg and two apartments in Cape Town. The register also confirmed Ramaphosa's resignation from his directorship at Lonmin, for which he had been criticised during the Marikana massacre in 2012.[112][113]
 
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