Because of his ownership of several companies, President Cyril Matamela Ramaphosa is one of South Africa's richest individuals. He is a politician and businessman from South Africa, and he has a net worth of $550 million. In the period from 26 May 2014 to 15 February 2018, he served as Deputy President of South Africa, before being elected President on the same day in 2018.
President Cyril Ramaphosa was born into a middle-class family in the South African capital of Johannesburg and went on to study law at the University of Witwatersrand. Before becoming a trade union leader and co-founding the National Union of Mineworkers of South Africa (NUM), Ramaphosa started his legal career as a specialist in labor law (NUM).
In 1987, he was elected general secretary of the African National Congress (ANC) Youth League, replacing a man who had previously criticized him for being too conservative in his views.
His involvement progressed from that of an activist to that of a trade unionist to that of a businessman to that of a politician. Cyril Ramaphosa is referred to as "Mr Fixes" because of his ability to turn SABMiller into one of Africa's biggest companies and for getting the government's investment in South African Airways through the National Assembly.
On February 15th, 2019, Cyril Ramaphosa was elected President of the Republic of South Africa, becoming the country's first black president. He is putting out significant effort to improve the country's international image while also creating jobs for its citizens, since unemployment rates remain high. The date of his birth was November 17, 1952, in Johannesburg, which at the time was a part of the apartheid-era Republic of South Africa.
Ramaphosa is more known as an entrepreneur than as a politician, having founded the Shanduka Group and served on the boards of directors of a number of other organizations.
President Cyril Ramaphosa is a former South African vice president who is also a successful businessman with significant investments in the nation. In addition, he served as the former chairman of MTN, Africa's biggest mobile telecoms company.
The Shanduka Group, which is owned by President Cyril Ramaphosa, has interests in a variety of sectors of the economy, including financial services, mining, and real estate, among others.
In the private sector, Mr Ramaphosa has a wealth of experience, having played a vital role in the expansion of many large South African companies, including the Coca-Cola Bottling Company, MTN, and McDonald's. In addition, he owns investments in a number of mining businesses, including Gold Fields.
Cyril Ramaphosa's businesses are valued more than $3 billion and employ more than ten percent of South Africa's workers, according to the president.
In addition to owning a vast empire of companies and interests around the globe, Ramaphosa is also a politician. We must go back to his origins in order to fully comprehend his accomplishments, which are firmly rooted in his home country.
He has been an outspoken proponent of economic development and black economic empowerment throughout his career. Cyril Ramaphosa was born in Johannesburg in 1952 to a schoolteacher mother who was also a political activist and member of the African National Congress. Cyril Ramaphosa is the president of South Africa (ANC).
He attended the University of South Africa (UNISA) and majored in law, earning an LLB degree in the process.
He subsequently worked as an attorney at a number of law firms until landing at Shanduka Group (a business he co-founded), where he served as the company's chief executive officer. While he started as an activist, he rapidly climbed through the ranks to become one of the country's most significant figures in the country's trade union movement, eventually becoming its leader.
Additionally, he was a major figure in the anti-apartheid movement and acted as close adviser to Nelson Mandela during his presidency. South Africa's president, Cyril Ramaphosa, was elected in 2017 after the resignation of his predecessor, who was forced to step down due to public outrage over corruption accusations. Ramaphosa is a diligent worker, in contrast to the previous one who conspired with the Guptas to steal all of the state's money.
Whether South Africa would have been a better place to live if he had been president before Jacob Zuma is debatable. Do you think Cyril is a better leader than Jacob Zuma, or do you believe that they are all crooks? Leave a comment below, like it, and share it with others on social media sites like Facebook and Twitter.
Content created and supplied by: Asibonisane (via Opera News )
Opera News is a free to use platform and the views and opinions expressed herein are solely those of the author and do not represent, reflect or express the views of Opera News. Any/all written content and images displayed are provided by the blogger/author, appear herein as submitted by the blogger/author and are unedited by Opera News. Opera News does not consent to nor does it condone the posting of any content that violates the rights (including the copyrights) of any third party, nor content that may malign, inter alia, any religion, ethnic group, organization, gender, company, or individual. Opera News furthermore does not condone the use of our platform for the purposes encouraging/endorsing hate speech, violation of human rights and/or utterances of a defamatory nature. If the content contained herein violates any of your rights, including those of copyright, and/or violates any the above mentioned factors, you are requested to immediately notify us using via the following email address operanews-external(at)opera.com and/or report the article using the available reporting functionality built into our Platform See More