Shanduka Group's CEO Phuti Mahanyele

Shanduka Group's CEO Phuti Mahanyele

Dean Hutton/Bloomberg

Ramaphosa founded Shanduka in 2001, building it into an enterprise with stakes in 29 businesses in five countries currently worth 8.8 billion rand on a net asset value basis, according to Phuti Mahanyele, Shanduka's chief executive officer.