Pravin Gordhan Has Shares In More Than 40 African Companies

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Pravin Gordhan is a South African politician, pharmacist, and anti-apartheid activist who has served in various capacities in South African politics since the late 1960s.

Gordhan's net worth is reported to be approximately $5 million, having grown greatly over the years as a successful businessman and politician. He is said to own 46,000 shares in numerous companies across Africa, indicating that he is a good strategist. Pravin's net wealth is clearly funded through several routes, as seen by his time in politics and company interests. Most importantly, the many roles he previously held in South Africa have made a significant contribution to his riches.

Gordhan began his political career in the late 1960s. In the 1970s and 1980s, he joined the Student Movement and Civic Structure and eventually became its leader. In the 1970s, the politician was a key figure in laying the groundwork for the African National Congress. In 1974, he was elected to the ANC's executive council following his graduation. In the same year, he became a member of the Natal Indian Congress.

Pravin Gordhan represented the Natal Indian Congress (NIC)/Transversal Indian Congress (TIC) in the Multi-party Talks at the Convention for a Democratic South Africa (CDSA) in 1991. (CODESA). He was appointed as the NIC/TIC delegate to the committee that organized CODESA in 1991 because he was an active member of the NIC and TIC. In 1993, he was elected to the panel of chairpersons of the multi-party negotiating process' planning body.

Between 1994 and 1998, Pravin Gordhan served as the chairperson of the Parliamentary Constitutional Committee, which oversaw the implementation of a new constitution as a member of parliament.

He worked for the South African Revenue Service as a Deputy Commissioner from 1998 to 1999. He was appointed Commissioner of the South African Revenue Service in 1999 and served until 2009.

The politician has no doubts about his leadership abilities, as he served as the chairwoman of the World Customs Organization (WCO) from 2000 to 2006. From 2008 to 2009, he was the chair of the Forum on Tax Administration (FTA) of the Organization for Economic Cooperation and Development.

President Jacob Zuma selected Pravin Gordhan to the presidential cabinet as Minister of Finance on May 10, 2009, after he excelled in numerous political positions. He held the job for five years before being succeeded by Nhlanhla Nene in 2014. He was chosen Minister of Cooperative Governance and Traditional Affairs in 2014, despite his lack of experience as a leader. Pravin's influence as Minister of Finance spoke volumes for him, and on December 14, 2015, he was re-elected to the position of Minister of Finance.

Pravin Gordhan is an experienced politician who has worked for South Africa since the 1960s. On February 27, 2018, the 72-year-old politician was elected Minister of Public Enterprises, and he was re-elected in May 2019 to supervise state-owned enterprises such as South African Airways, Eskom, Denel, and others. He earns R200,136 per month and R2,401,633 per year as Minister of Public Enterprises, plus other benefits.

Pravin Gordhan is a well-known businessman who owns around 46,000 shares in more than 40 African companies. This has significantly increased his net worth, as he has made a substantial profit from the enterprises he has established thus far.

Standard Bank, Bidvest, Tiger Brands, Imperial Holdings Limited, BHP Billiton Plc, Nedbank, Impala Platinium Holding, Spurcorp, Naspers, Growth Point, Hyprop, Spar, Mr. Price Group, EOH Holdings Limited, MTN, ASPEN, Rand Merchant Investments, Sasol, Remgro Limited, Reinet Investment SCA, Woolies, SABMiller PLC.


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