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Cyril Ramaphosa Biography, Net Worth, Family, Career, Wife, Children, Achievements, And News Updates

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Here is everything you should know about Cyril Ramaphosa Biography, Net Worth, Family, Career, Wife, Children, Achievements, And News Updates.

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Matamela Cyril Ramaphosa (born 17 November 1952) is a South African politician and the fifth and current President of South Africa. Previously an anti-apartheid activist, trade union leader, and businessman, Ramaphosa served as the Deputy President of South Africa from 2014 to 2018.

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He was later elected President of the African National Congress (ANC) at the ANC National Conference in December 2017. Ramaphosa is the former Chairman of the National Planning Commission, which is responsible for strategic planning for the future of the country, with the goal of rallying South Africa “around a common set of objectives and priorities to drive development over the longer term”. Ramaphosa was elected president by the National Assembly to his first full term on May 22 following the ANC’s victory in the 2019 South African general election. In 2020, Ramaphosa began serving as Chairperson of the African Union.

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He has been called a skillful negotiator and strategist who acted as the ANC’s Chief Negotiator during South Africa’s transition to democracy. Ramaphosa built up the biggest and most powerful trade union in the country – the National Union of Mineworkers (NUM) He played a crucial role, with Roelf Meyer of the National Party, during the negotiations to bring about a peaceful end to apartheid and steer the country towards its first fully democratic elections in April 1994.

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Ramaphosa was Nelson Mandela’s choice for the future president. Ramaphosa is well known as a businessman, and his estimated net worth is over R6.4 billion ($450 million) as of 2018, with 31 properties and previously-held notable ownership in companies such as McDonald’s South Africa, chair of the board for MTN and member of the board for Lonmin.

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Despite his credentials as an important proponent of his country’s peaceful transition to democracy, he has also been criticised for the conduct of his business interests although he has never been indicted for illegal activity in any of these controversies. Controversial business dealings include his joint venture with Glencore and allegations of benefitting illegally from coal deals with Eskom which he has staunchly denied, during which Glencore was in the public spotlight for its tendentious business activities involving Tony Blair in the Middle East; his son, Andile Ramaphosa, has also been found to have accepted payments totalling R2 million from Bosasa, the security company implicated in corruption and state capture by the Zondo commission; and his employment on the board of directors of Lonmin while taking an active stance when the Marikana Massacre took place on Lonmin’s Marikana premises

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. On 15 August 2012 he called for action against the Marikana miners’ strike, which he called “dastardly criminal” conduct that needed “concomitant action” to be taken. He later admitted and regretted his involvement in the act and said that it could have been avoided if contingency plans had been made prior to the labor strike.

Cyril Ramaphosa Biography, Net Worth, Family, Career, Wife, Children, Achievements, And News Summary

Matamela Cyril Ramaphosa is a South African politician and the fifth and current President of South Africa.

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He was born on 17th November 1952 in Soweto, South Africa.
Age 66 years. Ramaphosa is the second of the three children to Erdmuth and retired policeman Samuel Ramaphosa.

Douglas Ramaphosa is Cyril Ramaphosa’s brother.

Cyril’s wives are Nomazizi Mtshotshisa (Cyril Ramaphosa’s ex-wife) and Tshepo Motsepe the First Lady of South Africa and the wife of Cyril Ramaphosa.

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According to Wikipedia, Cyril Ramaphosa became President of South Africa through appointment, following the resignation of Jacob Zuma.

Meanwhile, before Ramaphosa was appointed to this prestigious position he was an anti-apartheid activist, trade union leader, businessman, and partly communist.

Ramaphosa is reputed a man after Nelson Mandela for being an anti-apartheid
activist and for building up South African’s trade union. As a skilled businessman, he has created so much wealth for himself and the South Africans. For instance, Shanduka Group a multi-million dollar company was single-handedly found and built by Ramaphosa.

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In fact today in South Africa, Ramaphosa has been reputed to the richest politician in the country with a Net Worth of USD.550 Million.

This Net worth estimate has placed him in a global position of being among the Top Richest Politicians in the World.

Meanwhile,Ramaphosa has serve in the capacity of the Acting President of South Africa (2018–2018) and Deputy President of South Africa (2014–2018).

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Today in South Africa, the name “Cyril Ramaphosa” is a household name.

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