South Africa’s "new Guptas" — former jailbirds Gayton McKenzie and Kenny Kunene — are being lined up to be BEE partners in a multibillion-rand gas deal. The pair, said to enjoy a cosy relationship with President Jacob Zuma, travelled to Russia three weeks ago to sell themselves to Russian company Rosgeo as possible BEE partners in the R5-billion deal. With them on the plane to Russia were State Security Minister David Mahlobo and two senior Central Energy Fund officials. During a stopover in Dubai, McKenzie and Kunene had coffee with the CEF officials while Mahlobo was said to have introduced the pair to Rosgeo CEO Roman Panov. A senior government official said Mahlobo’s presence was to "strengthen the ex-cons’ credibility" as business people. • Read the full story on the Sunday Times website

Subscribe now to unlock this article.

Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).

There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.

Cancel anytime.

Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.