South Africa: President Ramaphosa Donates Half Of His Salary To Support Social Projects

Must Read

Meet 97-Year-old Kenneth Kaunda, the only African Independence Leader from the 1960s Still Alive

Kenneth David Kaunda also known as KK, is a Zambian former politician who led Zambia to independence from British rule in 1964 and served as the country’s first president until 1991.

Archaeologists Uncover Oldest Human Burial in Kenya

Archaeologists have identified the oldest known human burial in Africa during field work that uncovered the remains of a child laid carefully to rest in a grave nearly 80,000 years ago.

Tani Adewumi: 10 Year Old Nigerian is Now a US National Chess Master

Nigerian American Tani Adewumi is only 10 years old, but he has just become a U.S. Chess National Master...



South Africa’s President Cyril Ramaphosa has donated half his presidential salary towards the development of social projects in the country.

South Africa’s President Cyril Ramaphosa has donated half his presidential salary towards the development of social projects in the country.

The 65-year-old president made the announcement via his Twitter handle on Wednesday, saying the money will go into a fund that will be managed by the Nelson Mandela Foundation.

South Africans and the world at large are this year celebrating Mandela’s centenary birthday, with a host of projects and events lined up in his honor.

Ramaphosa said the fund will be officially launched on July 18, the date of Nelson Mandela’s birth.

It is unclear how much President Ramaphosa takes home monthly, though sources say he earns much more than the $20,000 that former leader Jacob Zuma pocketed each month.

Cyril Ramaphosa

Ramaphosa was born on November 17, 1952 in Soweto, an impoverished township in Johannesburg, and obtained a law degree in 1981 through correspondence studies with the University of South Africa, UNISA.

Ramaphosa had hoped to succeed Nelson Mandela, but this hope was dashed when he lost out to Thabo Mbeki in the race to become South Africa’s deputy president under Mandela.

After his disappointment, Ramaphosa withdrew from the center-stage of politics and started a lucrative career in the private sector. His Shanduka Group acquired stakes in mining firms, a mobile operator and McDonald’s South African franchise.

Related:   Top 10 Best Governed Countries In Africa - 2021

In 2014, he became one of the country’s richest men when he divested from Shanduka, which at the time was worth more than $580 million. His step away from business pursuits was made in a bid to avoid conflicts of interest after Zuma appointed him as South Africa’s deputy president that year.

Cyril Ramaphosa was elected president of South Africa early this year by a parliamentary vote, less than 16 hours after his rival Jacob Zuma resigned after days of defiantly refusing to leave office.



Uzonna Anele
Anele is a web developer and a Pan-Africanist who believes bad leadership is the only thing keeping Africa from taking its rightful place in the modern world.

Subscribe to receive email updates

With a subscription profile, you automatically receive updates without having to return to the website and check for changes

Just In

Meet 97-Year-old Kenneth Kaunda, the only African Independence Leader from the 1960s Still Alive

Kenneth David Kaunda also known as KK, is a Zambian former politician who led Zambia to independence from British rule in 1964 and served as the country’s first president until 1991.

Archaeologists Uncover Oldest Human Burial in Kenya

Archaeologists have identified the oldest known human burial in Africa during field work that uncovered the remains of a child laid carefully to rest in a grave nearly 80,000 years ago.

Tani Adewumi: 10 Year Old Nigerian is Now a US National Chess Master

Nigerian American Tani Adewumi is only 10 years old, but he has just become a U.S. Chess National Master with a rating of 2223. Tani...

World’s Best Dads: The Loving Fathers of the Aka Tribe in Central Africa

In the Aka tribe of Central Africa, fathers spend more time with their children than most parents in industrialized societies.

Biblical Justification for Slavery: Interpreting the Curse of Ham

The biblical story of Genesis 9:20-27 has always left more readers confused than informed. Like the story of Job and many Old Testament stories,...

More Articles Like This