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MPs securing futures with shares, property

Cape Argus

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July 31, 2025

THE latest report on declaration of financial interests by Members of Parliament shows a number of public representatives are investing for their future in shares in finance companies.

- MAYIBONGWE MAGHINA

MPs securing futures with shares, property

This, as some MPs made declarations on several properties and some even receive income from rentals and benefits from royalties.

Rise Mzansi leader Songezo Zibi declared shares and financial interests in seven finance companies.

Zibi has at least 7000 shares valued at R1.1 million with Absa, 3050 shares worth R410000 with Investec Bank, and 1300 shares valued at R377000 with Shoprite, among others.

ActionSA parliamentary leader Athol Trollip has a pension investment to the tune of R7 million.

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