• About
  • Advertise
  • Privacy Policy
  • Contact
Wednesday, July 2, 2025
  • Login
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
No Result
View All Result

Ramaphosa Cleared Of Phala Phala Farm Scandal

June 30, 2023
Stephen M.Cby Stephen M.C
in Africa
0
Ramaphosa Cleared Of Phala Phala Farm Scandal

President Ramaphosa cleared of any wrongdoings over the Limpopo farm scandal.

President Cyril Ramaphosa has been absolved of involvement in the Phala Phala scandal by the office of the Public Protector, but the report revealed that, Major General Wally Rhoode, the commander of the Presidential Protection Service, lacked the proper authorization to look into the farm burglary.

Phala Phala farms
In 2020, it was reported that, a large sum of money was stolen from the Phala Phala farm.

The much-awaited inquiry into Ramaphosa’s purported misconduct over the Limpopo farm, owned by a businessman, of which the President is the sole director, was released at a news conference conducted by Acting Public Protector Kholeka Gcaleka.

The incident concerns a break-in on the farm, on the evening of February 9, 2020, during which at least two intruders stole a large amount of money, hidden under a couch cushion.

RelatedPosts

Africa Demands New Global Financial Order Now

Somalia Marks 65 Years Of Independence Pride

Peter Obi Confirms 2027 Bid Without Atiku

Ramaphosa asserted that, on Christmas Day in 2019, Sudanese businessman Hazim Mustafa, gave $580,000 in cash to his ex-farm manager, Sylvester Ndlovu for the exchange of buffaloes. Though the buffaloes had been present in the farm for over three years later, the President claimed that, the money was given in exchange for a herd of them.

Gcaleka 1
Kholeka Gcaleka, Acting Director of Public Protector Office.

According to Kholeka Gcaleka, her office couldn’t look into the tax matters because, the South African Revenue Service (SARS) and the South African Reserve Bank (SARB) have been tasked for handling tax-related issues and foreign exchange control laws respectively.

Additionally, the Public Protector’s office failed to look into whether Ramaphosa accurately reported the break-in to police in accordance with the Prevention and Combating of Corrupt Activities Act (PRECCA).

Report On Ramaphosa

According to the Acting Public Protector, there were no proof that, Ramaphosa was responsible for managing the farm on a daily basis, or he was paid by it.

“No evidence could be found indicating that the president either works at Phala Phala farm or receives remuneration from Phala Phala farm.”

Kholeka Gcaleka, Acting Public Protector Director.
Cyril
President Cyril Ramaphosa of South Africa.

However, she pointed out that, information gathered from the examination of the President’s register of financial interests showed that, he still held financial stakes in Ntaba Nyoni, the holding company for the Phala Phala farm.

Gcaleka averred that, there were no proof that implicated Ramaphosa of being actively involved in the “management of the affairs of the closed corporation than he appears to let on in his general submissions.”

“The evidence revealed that, the President held discussions with farm managers, notably, regarding the disposal of certain animals due to them being substandard. There are, of course, other facts which point away from the President being involved in paid work. For one thing, he neither draws a salary from the Ntaba Nyoni CC nor receives any distributions. He evidently is not often physically present at the farm.”

Kholeka Gcaleka’s Findings On President Ramaphosa.
Gcaleka Kholeka
Kholeka Gcaleka, Acting Director of Public Protector Office.

Additionally, she determined that, there was no evidence to support claims that Ramaphosa’s presidential responsibilities, and those of Phala Phala were in conflict.

“Considering the evidence in its entirety and the application of the law, there is no basis to exalt such deliberations to the extent where it can be held that there existed a real or potential conflict of interests regarding his duty as the Head of Cabinet and his interests in game and cattle farming at Phala Phala farm in violation of the Code. No evidence could be found to underpin a finding or a conclusion that the president’s comments or utterances in this regard were a continuous act to be considered or construed as active involvement in the business or paid work.”

Kholeka Gcaleka’s Findings On President Ramaphosa.

Regarding whether Ramaphosa overstepped his authority by ordering a probe into the burglary at his farm, Gcaleka stated that, there was no proof that he had given Wally Rhoode any instructions or directed him to conduct an inquiry.

READ ALSO:Lord Zac Goldsmith Has Resigned, Sunak Confirms

Tags: Cyril RamaphosaKholeka GcalekaPhala Phala FarmsPublic Protection OfficeWally Rhoodes
Please login to join discussion
Previous Post

Former Agric Minister Secures Tractor Manufacturing Deal for Ghana to Boost Mechanize Farming

Next Post

Mahama Implores IPPs To Review Its Decision To Shutdown Power Supply

Sign up for The Vaultz analytic wire

Get weekly news analysis from top editors at The Vaultz and stay informed on trending economic and business issues from across the globe.

Related Posts

Communication Minister Engages MTN Over Data Price Glitch and Delays
General News

Communication Minister Engages MTN Over Data Price Glitch and Delays

July 1, 2025
Kepa Arrizabalaga
Uncategorized

Arsenal Signs Kepa from London Rival

July 1, 2025
Hamza Suhuyini Sayibu, President, GBA
General News

Why Hasn’t GBA Sued Over Chief Justice Suspension?

July 1, 2025
President John Dramani Mahama
General News

Mahama Calls for National Unity, Moral Renewal at Muslims’ National Day of Prayer

July 1, 2025
Hubtel Dominates 2025 Digital Innovation Awards with Four Major Wins Celebrating
Banking

Hubtel Dominates 2025 Digital Innovation Awards with Four Major Wins Celebrating

July 1, 2025
Gas Flaring Waste
Extractives/Energy

Nigeria’s Gas Production Dips in May, Fuel Supply Drops to 62% 

July 1, 2025
Communication Minister Engages MTN Over Data Price Glitch and Delays
General News

Communication Minister Engages MTN Over Data Price Glitch and Delays

by Silas Kafui AssemJuly 1, 2025
Kepa Arrizabalaga
Uncategorized

Arsenal Signs Kepa from London Rival

by Evans Junior OwuJuly 1, 2025
Hamza Suhuyini Sayibu, President, GBA
General News

Why Hasn’t GBA Sued Over Chief Justice Suspension?

by Silas Kafui AssemJuly 1, 2025
President John Dramani Mahama
General News

Mahama Calls for National Unity, Moral Renewal at Muslims’ National Day of Prayer

by Evans Junior OwuJuly 1, 2025
Hubtel Dominates 2025 Digital Innovation Awards with Four Major Wins Celebrating
Banking

Hubtel Dominates 2025 Digital Innovation Awards with Four Major Wins Celebrating

by Stephen M.CJuly 1, 2025
Gas Flaring Waste
Extractives/Energy

Nigeria’s Gas Production Dips in May, Fuel Supply Drops to 62% 

by Prince AgyapongJuly 1, 2025
Communication Minister Engages MTN Over Data Price Glitch and Delays
Kepa Arrizabalaga
Hamza Suhuyini Sayibu, President, GBA
President John Dramani Mahama
Hubtel Dominates 2025 Digital Innovation Awards with Four Major Wins Celebrating
Gas Flaring Waste
[/vc_row_inner]

Recent News

  • Communication Minister Engages MTN Over Data Price Glitch and Delays
  • Arsenal Signs Kepa from London Rival
  • Why Hasn’t GBA Sued Over Chief Justice Suspension?
  • Mahama Calls for National Unity, Moral Renewal at Muslims’ National Day of Prayer
  • Hubtel Dominates 2025 Digital Innovation Awards with Four Major Wins Celebrating
The Vaultz News

Copyright © 2021 The Vaultz News. All rights reserved.

Navigate Site

  • About
  • Advertise
  • Privacy Policy
  • Contact

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2D
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships

Copyright © 2021 The Vaultz News. All rights reserved.