Royal Bafokeng Platinum to end contract with Gupta-linked company
RBPlat is said to have told Aforika Borwa Mining Solutions, which is linked to Oakbay Investments, that it will not renew their contract
Royal Bafokeng Platinum will terminate a contract with a company linked to the politically connected Gupta family, according to two people familiar with the decision. The Johannesburg-based miner would not renew a contract with Aforika Borwa Mining Solutions (ABMS) that expires at the end of the year, said the people, who asked not to be identified because the information is not public. ABMS is linked to the Guptas’ holding company, Oakbay Investments. The company was notified of the decision earlier this month, one of the people said. The termination of the contract is related to efforts by Bank of Baroda, the Guptas’ last remaining bank in SA, to close the family’s accounts, said the other person. The Gupta family, who are friends of President Jacob Zuma and have been in business with one of his sons, have been accused by politicians and civil society groups of using that relationship to influence state contracts and cabinet appointments. Zuma and the Guptas have denied wrongdoing...
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