Duduzanes rise in the Gupta empire

Dec 2007 - Polokwane

Jul 8 2008
Mabengela
Investments
Director (A)
Zuma
acquires 25
shares (25%)
in Mabengela
Investments
Paid: R25

Mbeki resigns - 2008

Jul 28
Sep 30
2008
2008
Mabengela Westdawn
acquires 60 Investments
shares
Director (A)
(7.19%) in
Gemini Moon
Trading 254

Zuma elected

Feb 1
2009
Karibu
Hospitality
Director
(A/Dr)

Feb 3 2009
Jun 3 2009
Gemini Moon
Dixie
Trading 254
Investments
Director (A)
Director (R)
Mabengela acquires
another 102 shares
(17.3% total) in Gemini
Moon Trading 254. At
the time, Gemini Moon
held 35 shares (28%,)
of Westdawn
Investments trading
as JIC Mining
R9.36 million

2009

Jun 18 2009
Zuma acquires
another 20
shares (45%
total) in
Mabengela
Investments
Paid: R45

2010

Nov 1 2009
Islandsite
Investments
255
Director (A)

Nov 1 2009
Islandsite
Investments
254
Director (R)

Apr 14
2010
Shiva
Uranium
Director (A)

Unknown date:
Mabengela also owns a 21% stake in
Innity Media, which owns the Guptas
TV channel, ANN7. (Paid: R210)
Mabengela also owns a 46.667% stake
in Islandsite 255, which owns a 20.9%
stake in Shiva Uranium

Jun 10
2010
Dunrose
Investments
180
Director (A)

Jul 29
2010
Sahara
Holdings
Director (A)

Aug 26
2010
Afripalm
Horizons
Director
(A/DR)

Nov 23
2010
CRCC
Afripalm
Construction
Director
(A/DR)

Director (A) = active director

Director (C/DR) = active director, but company in the process of being deregistered
Director (R) = resigned as a director of Gupta companies
Value of investment

2015
Nov 20 2015
Mabengela
acquires 371
shares (28.5%)
in Tegeta
Exploration
& Resources
Paid:
100 million
R627 million)

2016

Jan 21 2016
Mabengela
opens a new
bank account
with Standard
Bank and
appoints
Duduzane
Zuma as the
sole signatory

Feb 26 2016
Mabengela
acquires another 71
shares (28.5% total
due to other
allotments) in Tegeta
Exploration &
Resources
Paid:
R0
R95 838 548