BIO and The Gupta family owns a business Empire
A South African business Gupta family of 3 brothers- Ajay Gupta, Atul Gupta, Rajesh "Tony" Gupta as well as Atul's nephew Varun Gupta, migrated from Saharanpur City of Uttar Pradesh, India to South Africa between year 1993-97. Mr. Shiv Kumar, father of three brothers sent Atul first in 1993 to explore business opportunities in the country. Rajesh arrived in 1997. A middle-class family father Shiv Kumar imported spices and sold rice from his modest chain of grocery stores.
- All brothers have lived partial ruin or decay building in Rani Bazar of Saharanpur city of UP before moving to South Africa in 1990.
- Atul got courses on assembling, repairing and maintaining Apple hardware and his father sent him to China to find out how they could get into importing motherboards of computers.
- The father, Shiv Kumar Gupta sent his son to South Africa when the white minority rule was ending and South Africa was opening up to the world. Atul opened a shop with the money Rs1.2-million wired by his father. Later Sahara has an annual turnover of about 22 million dollars and employs 10,000 people.
Guptas built a flourishing business empire in just over two Decades:
- All brothers developed their close connections to South African president Jacob Zuma and a host of ministries. The BROTHERS has been accused of “state capture.” The allegation has even been raised by one of Mr. Zuma’s cabinet ministers, who says the Guptas boldly advertised their influence by offering him a cabinet promotion.
- Close relationship with South African president Jacob Zuma:
- Al Jazeera English-The international news broadcaster has alleged that Zuma's close relationship with the Gupta family due to ANN7 and The New Age newspaper's support.
- The most of the news paper and TV station could not verify that how much money, if any, the Gupta brothers have donated to the governing party officials because political parties are not obliged to disclose donations
In 2002-03, at Sahara's annual functions, Atul Gupta met South African President Jacob Zuma where Zuma was a guest. His brother Rajesh became close friend and business partner of Zuma's son Duduzane. Zuma's one wife, Bongi Ngema-Zuma, worked for the Gupta-controlled JIC Mining Servicesand one daughter was a director at Sahara Computers. Zuma's son, Duduzane Zuma, was a director in more than one Gupta-owned companies.
In March 2016, Deputy Finance Minister Mcebisi Jonas said, "Member of the Gupta family had offered him the position of Finance Minister in 2015.
Gupta family was accused of exercising political influence in South Africa.
The Gupta family owns a business empire spanning from a newspaper and a 24-hour news TV station to computer equipment , uranium, gold, coal mines, a luxury game lodge and engineering company.
- TNA Media - It publishes the New Age national daily newspaper. The family has a two-thirds stake through Sahara Media Holdings, a subsidiary of Oakbay Investments
- ANN7 (African News Network) is South Africa's third 24-hour news channel, as broadcast on Multichoice's DStv satellite television service.
- Oakbay Investments - It is the family’s investment vehicle and operates a number of businesses in the mining sector. t’s the major owner of Oakbay Resources and Energy. It owns a 60.7% stake in JIC Mining Services and holds a 5% stake in Comair, the JSE-listed owner of kulula.com
- JIC Mining Services - A contract mining and services company. It was owned by Tokyo Sexwale’s Mvelaphanda. Oakbay holds a 61% stake. Duduzane Zuma is listed as a non-executive director in the company.
- Own Sahara Estate in Saxonwold, Johannesburg, a compound comprising at least four mansions and Dubai, United Arab Emirates.