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MADLANGA COMMISSION: Sibanyoni’s Putco bid puts focus on political access, business interests

World 1 source 1 country 🔦 Under-reported 46m ago

Joe ‘Ferrari’ Sibanyoni’s January 2024 meeting with President Cyril Ramaphosa and Minister Gwede Mantashe has drawn scrutiny at the Madlanga Commission regarding his political reach and business ventures. During the meeting, Sibanyoni reportedly demanded a 30% stake in the bus company Putco.

The development places a sharp focus on the intersection of high-level political access and private business interests within South Africa's transport sector, as investigators examine the implications of Sibanyoni's bid and interactions with senior government officials.

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Read the full story at the source Daily Maverick (ZA) · ZA ↗
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