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Ramaphosa's millions revealed

President Jacob Zuma has asked Cyril Ramaphosa to divulge his finances to avoid conflict of interests.

President Jacob Zuma and Deputy President Cyril Ramaphosa. Picture: Sebabatso Mosamo/EWN

CAPE TOWN - Parliament's Register of Members' interests has confirmed deputy president Cyril Ramaphosa is a wealthy man.

He's declared shares worth about R76 million and the directorship of 16 companies, including McDonald's and an abattoir.

He's also declared a number of investment properties which include two flats in Cape Town and 30 townhouses in Johannesburg.

What the register doesn't show is the value of a trust set up by the Ramaphosa and his family and holds at least 30 percent of his Shanduka Group Holdings.

That information is detailed in the confidential part of the register.

Ramaphosa has shed many directorships since become the ANC deputy president nearly two years ago.

He is understood to have decided to part with companies in state regulated sectors to avoid potential conflict of interests.

President Jacob Zuma has given Ramaphosa until the end of November to complete the divulgement that could cause conflict of interests with his role as deputy president.