Congo President's Twin Has Indirect Stake in Vodacom Unit
- Jaynet Kabila holds indirect stake through holding companies
- Kabila's indirect stake represents 4.8% shareholding
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Jaynet Kabila, the twin sister of the Democratic Republic of Congo’s president and a lawmaker, has an indirect stake in Vodacom Group Ltd.’s operations in the country, documents show, shedding light on the wealth the opposition says has been accumulated by the first family.
Kabila owns half of Keratsu Holding Ltd., a company with a 9.6 percent indirect stake in Vodacom Congo Sprl, according to incorporation documents dated December 2011 and obtained by Bloomberg from the companies registry of the South Pacific state of Niue. Two people with knowledge of Vodacom Congo confirmed her shareholding, declining to be identified because her involvement isn’t public knowledge.