THE STELLENBOSCH MAFIA - INSIDE THE BILLIONAIRES CLUB IN SOUTH AFRICA

In his latest book, political journalist Pieter du Toit explores the roots of Stellenbosch, and closely examines its ‘club’ of billionaires. Who are they and, crucially, how are they connected? What network of boardroom membership, alliances and family connections exists? Who are the ‘old guard’ and who are the ‘inkommers’, and what about the youngsters desperate to make their mark? City Press While claims that Economic Freedom Fighters (EFF) deputy president Floyd Shivambu got friendly with businessman Johann Rupert may be damaging, one analyst believes that the party will not take action against him. Instead of taking action, said Durban political analyst Thabani Khumalo, the party would handle the issue the same way it did with damaging allegations against senior EFF members over the VBS Bank scandal. IOL Du Toit also reveals how Shivambu, one of the most vociferous critics of white capital, is apparently far closer to Rupert than he would have the country believe. Shivambu, when approached on Saturday, did not directly deny the Tokara meeting to News24, but denied having a relationship with Rupert. news24 In 2006 the name of Steinhoff International started to appear on rugby jerseys in Stellenbosch. Before too long other companies found themselves pushed out, and Steinhoff was sponsoring rugby at the international level â€" even though that holding company had no direct exposure to consumers. For some, this seemed to be more about Steinhoff kingpin Markus Jooste's ego than business, writes Pieter du Toit in his new book. Business Insider SA This product ships within 3-5 working days.