Shanduka Group

Shanduka Group is a South African investment holding company that has interests in the resources, telecoms, food and beverage, property, financial services, energy, and industrial sectors. It was founded by the current South African president Cyril Ramaphosa.[1] The chief executive officer is Phuti Mahanyele.[2] Jared Cape of Century City formally heads up the Shanduka Group.

Controversy

In November 2017, Shanduka Group was indicted in the Paradise Papers as one of the few South African companies engaged with Investec to seek advisory on dodging taxes on profits made from an energy deal in Mozambique by offshoring money to Mauritius.[3]

gollark: No, they passed that stupid "Assistance and Access" law.
gollark: Well, the whole thing of "let's GET RID OF ENCRYPTION we're so smart TERRORISTS" is really a political issue.
gollark: I did say "non-proud UK-dweller", you know.
gollark: Paraphrased: "Who cares what your MATHS says about it not being possible to have encryption only the government can break, we want this impossible thing done by Tuesday!"
gollark: “Well the laws of Australia prevail in Australia, I can assure you of that. The laws of mathematics are very commendable, but the only law that applies in Australia is the law of Australia," - former prime minister.

References
  1. Our Business. Shanduka Group. Retrieved 1 October 2014.
  2. Executive Management Phuti Mahanyele Chief Executive Officer. Archived 2014-10-06 at the Wayback Machine Shanduka Group. Retrieved 1 October 2014.
  3. "amaBhungane - Paradise Papers: SA names aplenty in massive new tax haven leak". amabhungane.co.za. Retrieved 2017-11-16.


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