This is in his Declaration of interests, revealed in the 2017 Register of Members’ Interests. Share Tweet Post Email ... Pravin Gordhan, said the government has yet to determine how the rescue of .
Share Tweet Share Share Share Email Share Cape Town - Public Enterprises Minister Pravin Gordhan has blamed the lack of finances for operations at the South African Express as … South African Airways will be funded. The register of members’ interests lists the financial interests of the members of the National Assembly and the National Council of Provinces, and the gifts they have received.News24 reported on Tuesday that members of Parliament who did not meet the deadline to submit their financial interests and gifts will be given seven days to explain why they failed to do so.A document released by Parliament’s ethics committee reveals that finance minister Pravin Gordhan held shares in more than 35 listed companies in 2016.The seven days will only come into effect once the members have received letters from the acting registrar of Parliament, who has not sent them out yet.The committee would investigate the non-compliance before deciding on any sanctions.Parliament’s ethics committee made the document public on Tuesday.The ministers’ portfolio includes shares in the banking industry, mining, real estate investment trusts, retailers, and the telecommunications sector.Fin24 provided an image from the document highlighting Gordhan’s investment portfolio, which includes some of the biggest JSE-listed companies.Political analyst Daniel Silke told Fin24 any serving MP or minister can own shares in listed companies.Acting registrar Ntuthuzelo Vanara said they would only disclose the names of the 14 members once they had been notified of the committee’s resolution to investigate the non-compliance.Following the extension, the interests of 17 MPs were still outstanding.
Pravin Gordhan’s shares Gordhan has a diversified portfolio of shares, which includes shares in numerous tech companies – as listed in the table below. A document released by Parliament’s ethics committee reveals that finance minister Pravin Gordhan held shares in more than 35 listed companies in 2016.
Two of those were new MPs who were only sworn in in September, while one was seriously ill.The 2016 register of members’ interests lists the financial interests of the members of the National Assembly and the National Council of Provinces.“The joint committee resolved to condone the disclosures of the three members, while the remaining 14 members subsequently declared their financial interests.”Committee co-chairperson Amos Masondo said 55 MPs had failed to meet the August 31 deadline, which was then extended to September 21. SHARE THIS ARTICLE. The Minister also has shares in Remgro, Steinhoff International, British American Tobacco Company, Naspers and BHP Billiton.MPs are required to declare their financial interests every year to the Registrar of Parliament.Gordhan also has more than 6 500 preference shares in Absa, FNB, Nedbank and Standard Bank.Under the section of shares and other financial interests, it shows that Gordhan’s shares range from ordinary to preference shares and in property trusts.The Register was published recently by the Joint Ethics Committee in Parliament.Public Enterprises Minister Pravin Gordhan has more than 46 000 shares in more than 40 companies.However the nominal value for the over 6 000 shares he has in Nedbak, FNB and Standard Bank is not disclosed in the register of members interests.This is in his Declaration of interests, revealed in the 2017 Register of Members’ Interests.Their nominal value range from R17 rand to more than R1 500 per share.
Public Enterprises Minister Pravin Gordhan has more than 46 000 shares in more than 40 companies. He has close to 25 000 shares in various real estate property investment trusts.This is aimed at monitoring possible conflict of interest by MPs.The nominal value of his preferences shares in ABSA are R699 rand per share of 230 shares. The Register was published recently by the Joint Ethics Committee in Parliament.