Political networks are helping a scion of the Zuma clan secure lucrative supply and production deals with Asian investors
The business empire of Khulubuse Zuma, a favourite nephew
of President Jacob Zuma, is growing at breakneck speed
and strengthened by a raft of opaque deals with Chinese
and South Korean companies. Hardly known before his uncle
took over the presidency in May 2009, Khulubuse Zuma has sealed
several multimillion-dollar deals in mining and transport over
the past few months. Rapidly growing joint ventures with China
and South Korea are part of Khulubuse's strategy to see his empire
reach the US$10 billion mark over the next decade....
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