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Saturday, September 24, 2011

Cyril Ramaphosa, African Entrepreneur

Born: November 17, 1952, Soweto
Company: Shanduka Group, Millennium Consolidated Investments
Position: Chairman
Industry: Investments, Media
Country: South Africa

Matamela Cyril Ramaphosa was previously a major figure in South African national politics, and has in recent years become a prominent member of the business community.
He has held executive positions in numerous political organisations in South Africa beginning as a student leader. In 1982, he became the first General Secretary of the National Union of Mineworkers. Mr. Ramaphosa was elected ANC Secretary-General in 1991.
The Shanduka Group is a leading African black owned and managed investment company established in November 2000. Their investment portfolio comprises Resources, Financial Services, Property, Energy, Beverages and Industrial & General.
Millennium Consolidated Investments is the exclusive investment vehicle of Cyril Ramaphosa, which was incorporated in March 2001. Cyril is the Chairman of MCI as well as the single largest shareholder in the company.
Ramaphosa is a member of the advisory boards of the Sanlam Development Fund and the AIG Africa Infrastructure Fund, the Deputy Chairman of Rebserve Holdings Limited, Chairman of Johnnic Holdings Limited and a board member of SAB plc, First Rand Limited and SASRIA.
He is the past Chairman of the Black Economic Empowerment Commission, a past Deputy Executive Chairman of New Africa Investments Limited and has held various leadership positions in the National Union of Mineworkers.
He is also well known for the pivotal role he played as a member of the Constituent Assembly that drafted South Africa's constitution. He is National Executive Member and former Secretary General of the African National Congress (ANC). Mr. Ramaphosa has a bachelor's degree in law from the University of South Africa.
Ramaphosa is a member of the Coca-Cola Company International Advisory Board as well as the Unilever Africa Advisory Council. He was also the first deputy chairman of the Commonwealth Business Council.

Along with the ex-president of Finland, Martti Ahtisaari, he was appointed an inspector of the Irish Republican Army weapons dumps in Northern Ireland. Ramaphosa also sits on the International Commission on Intervention and State Sovereignty and is the Honorary Consul General for Iceland in South Africa.

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