Age, Biography and Wiki

Malusi Gigaba was born on 30 August, 1971 in Eshowe, South Africa. Discover Malusi Gigaba's Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. Learn How rich is He in this year and how He spends money? Also learn how He earned most of networth at the age of 52 years old?

Popular As Knowledge Malusi Nkanyezi Gigaba
Occupation N/A
Age 52 years old
Zodiac Sign Virgo
Born 30 August, 1971
Birthday 30 August
Birthplace Eshowe, KwaZulu Natal
Nationality South Africa

We recommend you to check the complete list of Famous People born on 30 August. He is a member of famous with the age 52 years old group.

Malusi Gigaba Height, Weight & Measurements

At 52 years old, Malusi Gigaba height not available right now. We will update Malusi Gigaba's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible.

Physical Status
Height Not Available
Weight Not Available
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Who Is Malusi Gigaba's Wife?

His wife is Thabong Nxumalo Nomachule Mngoma (m. 2014)

Family
Parents Not Available
Wife Thabong Nxumalo Nomachule Mngoma (m. 2014)
Sibling Not Available
Children Not Available

Malusi Gigaba Net Worth

His net worth has been growing significantly in 2022-2023. So, how much is Malusi Gigaba worth at the age of 52 years old? Malusi Gigaba’s income source is mostly from being a successful . He is from South Africa. We have estimated Malusi Gigaba's net worth , money, salary, income, and assets.

Net Worth in 2023 $1 Million - $5 Million
Salary in 2023 Under Review
Net Worth in 2022 Pending
Salary in 2022 Under Review
House Not Available
Cars Not Available
Source of Income

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Timeline

2019

A Parliament portfolio committee on Home Affairs in March 2019 recommended that members of the Gupta Family be charged criminally, their South African citizenships cancelled and the information be passed to the Commission of Enquiry into State Capture.

One of Gibaba’s first moves in 2011 was to overturn a procurement decision on which the Eskom executive and board had signed off — the replacement of Koeberg Nuclear Power Stations steam generators. Soon after, Gibaba removed the board.

The most notable examples include Eskom's facilitating and financing of the Guptas’ acquisition of Glencore's Optimum Coal Holdings as a suppler to Eskom.

While Glencore was driven into business rescue, the Guptas’ firm Tegeta benefited from an Eskom guarantee (R1.6bn), a large and unusual pre-payment (R600m) and additional lucrative coal contracts. The guarantee and pre-payment income enabled the Gupta family to buy Optimum Coal Holdings.

After Carolus resigned, Gigaba brought back Vuyisile Kona as both acting CEO and board chair after a meeting at the Guptas’ Saxonwold house with Rajesh Gupta, Duduzane Zuma, and Ace Magashule's son Tshepiso.

2018

In February 2018, Gigaba was again appointed Minister of Home Affairs in the cabinet of Cyril Ramaphosa. He served until his resignation in November 2018, after mounting pressure for him to resign or President Cyril Ramaphosa to dismiss him. Minister of Transport, Blade Nzimande, was serving as Acting Minister of Home Affairs. Gigaba resigned as Member of the National Assembly on 15 November 2018.

On 27 February 2018, Gigaba was removed from his position as the Minister of Finance and replaced by Nhlanhla Nene. On the same day Gigaba was appointed as Minister of Home Affairs by President Cyril Ramaphosa following the announcement of his new cabinet, replacing Ayanda Dlodlo.

On 13 November 2018, Gigaba resigned as Minister of Home Affairs and subsequently also as Member of the National Assembly on 15 November 2018.

When Gigaba appeared before The Judicial Commission of Inquiry into Allegations of State Capture at parastatals in 2018. He denied holding any bank accounts in Dubai. He stated that he only has one account with a local bank.

The Supreme Court of Appeal on 28 March 2018 dismissed Gigaba's application for leave to appeal against the judgment, saying there was no reasonable prospect of success.

Gigaba's application to the Constitutional Court for leave to appeal against a lower court ruling that he lied under oath was dismissed on 1 November 2018 "as it bears no prospects of success."

Further instances of Gupta-favoured coal contracts and the squeezing out of large coal miners were revealed in Parliament's inquiry report published on 28th November 2018. .

2017

On 31 March 2017, Gigaba was appointed Minister of Finance, replacing Pravin Gordhan, raising suspicions that he was deployed by Zuma to assist him in developing his allegedly corrupt relationship with the Guptas.

In a judgment relating to the Fireblade Aviation case on 27 October 2017, the North Gauteng High Court found that Gigaba had lied under oath during his tenure as Minister of Home Affairs. The court case related to Gibaba, then Home Affairs Minister, allegedly granting permission to the Oppenheimer family to operate a private terminal at OR Tambo International Airport in Johannesburg.

An appeal by Gigaba was heard in December 2017. Judge Tuchten concluded that "the Minister has committed a breach of the Constitution so serious that I could characterize it as a violation".

In 2017, Organisation Undoing Tax Abuse laid charges of treason, corruption, extortion, fraud and theft against Gigaba.

During 2017, South African Airways was bailed out to the tune of R5-billion, including a portion of R3-billion that was meant to settle SAA's debt with Citibank. Another R5-billion payment to SAA was due at the end of March 2018, a month after Gigaba announced VAT increase.

2015

Controversy was stirred in early 2015 when Gigaba fraudulently granted South African citizenship to members of the Gupta Family.

2014

In May 2014, former president Jacob Zuma appointed Gigaba as Minister of Home Affairs.

In 2014 it was reported that State security agents had investigated a mysterious offshore bank account opened in Gigaba's name, in Dubai, when Gigaba was still public enterprises minister.

2013

From Sep – Dec 2014, Brazil was down -37%, China -46.9% and India -14.4%, continuing into 2015. The June 2015 arrivals data from Statistics SA showed overseas arrivals down -13% . At the same time competitors were up. According to SA Tourism R7.51bn of revenue has been lost to the country.

The report conclusions included: 'The Committee finds that that the Executive arm of government represented by the two former ministers – Gigaba and Brown – was grossly negligent in carrying out its responsibility as the sole Shareholder of Eskom. and 'recommends that the two former Public Enterprises ministers Gigaba and Brown must make presentations to the Zondo Commission in order to share insights into the roles they played as Shareholder representatives during the period of corruption and corporate capture that flourished at Eskom.

2012

In July 2012, Transnet issued its tender for 1,064 freight locomotives; 599 electric and the rest diesel. This included R25-billion in tenders that were signed off by Molefe and awarded to CSR (China South Rail). CSR in turn paid Tequesta Group Ltd, a Gupta-linked shell company, R5.3 billion in consultancy fees.

In 2012 Gigaba delayed support for a turnaround strategy for SAA put forward by then board chair Cheryl Carolus, causing financial damage to the airline.

2011

Prior to the announcement of the visa regulations, tourist arrivals into South Africa had been steadily growing. 2011 = 2,176,719 arrivals 2012 = 2,505,763 arrivals (15,1% growth) 2013 = 2,660,631 arrivals (6,1% growth) but this changed abruptly in the third quarter of 2014 – the in-person visa application requirement came into effect in June 2014. Since then, there has been a systematic decline in tourist arrivals.

Gibaba was instrumental in appointing Iqbal Sharma, a known Salim Essa and Gupta Family associate, to the Transnet board and Brian Molefe, later a known Gupta Family intimate, as Transnet chief executive in 2011.

2010

In November 2010 he became the Minister of Public Enterprises and a leading figure in the South African Government responsible for a significant aspect of the governments infrastructure investment programmes through State Owned Enterprises (SOEs) such as the embattled Transnet and Eskom.

A pivotal point in the state capture project was the appointment of Malusi Gigaba as Minister of Public Enterprises in 2010. He exploited a loophole in the Public Finance Management Act that made it possible to use the procurement procedures of SOEs to benefit selected contractors sanctioned by the Gupta Family network, this initiated the “repurposing” of State-Owned Enterprises (SOEs) as vehicles for looting.

2004

In 2004 Gigaba was re-elected to Parliament where he became Deputy Minister of Home Affairs until October 2010. He was involved in a new visa system allowing easier legal flow of migration between South Africa and Zimbabwe.

1999

He was first elected to the National Assembly of South Africa in 1999 as Member of Parliament for the African National Congress, he resigned in 2001 but was elected to the National Assembly again in 2004. President Thabo Mbeki appointed him to the position of Deputy Minister of Home Affairs. President Jacob Zuma appointed Gigaba as Minister of Public Enterprsies, succeeding Barbara Hogan in October 2010. He served in this position until 2014, when he was appointed Minister of Home Affairs. Gigaba was appointed Minister of Finance in March 2017, after the controversial dismissal of Pravin Gordhan.

1996

During this period Gigaba became involved in various student and youth organisations such as Congress of South African Students (COSAS), the South African Youth Congress (SAYCO), the South African Student Congress (SASCO) and Young Christian Students (YCS). Some of these organisations such as COSAS and SASCO were aligned to the banned African National Congress (ANC). It was his involvement in these organisations that laid the foundation for his activities in the ANC Youth League. Gigaba has also been active in youth organizations, and was elected president of the African National Congress Youth League three times in a row (1996, 1998, 2001).

1990

When the ANC, Pan Africanist Congress (PAC), South African Communist Party (SACP) and other liberation movements were unbanned in 1990, he joined the African National Congress Youth League, SACP and the ANC. That same year he completed his Bachelor of Pedagogics at UDW, but continued pursuing a postgraduate degree. Gigaba became one of the founding members of the Education Students Society University of Durban-Westville in 1992. The following year (1993) he was elected as chairman of SASCO at the University Durban-Westville (UDW).

1983

Gigaba is the second born to Reverend Jabulani Gigaba and Nomthandazo Gigaba. He has three sisters and a brother. Gigaba did his primary school education at Mathonsi Primary School in Mandeni around 1983. He then proceeded to do his high school education at Vryheid State High School in 1988. He attended Ethalana high school in the district of Umzinyathi where he attained his matric. He earned a bachelor's degree in education from the University of Durban-Westville (now part of the University of KwaZulu-Natal) in 1991, and a Masters degree in Social Policy.

1971

Knowledge Malusi Nkanyezi Gigaba MP (born 30 August 1971) is a South African politician who served as Minister of Home Affairs of The Republic of South Africa from 27 February 2018 until his resignation on 13 November 2018, he also held the post from 25 May 2014 until 31 March 2017. He previously served as Deputy Minister of Home Affairs, Minister of Public Enterprises and Minister of Finance in the government of South Africa.