Home Breaking News Sygnia Ramaphosa: Why Cyril may turn to Magda Wierzycka in vaccine battle

Sygnia Ramaphosa: Why Cyril may turn to Magda Wierzycka in vaccine battle

Sygnia Ramaphosa: Why Cyril may turn to Magda Wierzycka in vaccine battle

Sygnia Asset Management is developing a original vaccine and South Africans are as soon as again connecting the dots between CEO Magda Wierzycka and President Cyril Ramaphosa.

Sygnia, an investor in Oxford Sciences Innovation, approached the Serum Institute of India (SII) to escape trials on a original space of jabs. The aim is to regain 10 million inoculations for South Africa electorate.

Early Newspaper

Magda Wierzycka, Ramaphosa and the vaccine

Vaccine battle

Earlier this week, Wierzycka told Moneyweb editor Ryk van Niekerk that the Ministry of Health may calm train AstraZeneca on scientific personnel in explain to delight in a “greater sample dimension to perceive on a are living foundation”.

This after Minister Zweli Mhkize positioned the rollout of the Oxford-AstraZeneca vaccine on expend to determine its effectiveness. As “an actuary and a statistician, Wierzycka believes that “a sample of 1 100 other folks is a truly, very puny statistical sample”.

The storm in the test tube, on the opposite hand, started when the EFF said Wierzycka is “too shut” to Cyril Ramaphosa, and added that she may calm no longer be doing business with the boom in the first boom.

The EFF notes the shocking revelations that a CR17 funder, Magda Wierzycka, is involved as a middleman in the procurement of a original vaccine. One other white European buddy of Cyril Ramaphosa is being rewarded with a boom contract”.

EFF assertion

Relationship with Cyril Ramaphosa

Keep in mind that section the put the EFF said: “Wierzycka is one in every of the many instances of accumulation by dispossession outdated skool to line the pockets of grasping capitalists thru their pay as you shuffle puppet president Ramaphosa”? Yeah, that. That’s the scenario right here.

Let’s circle lend a hand to the EFF claims’ that Wierzycka is a shut buddy of the president. While there may be now not any proof of a link between Wierzycka and Ramaphosa, rumour has it that she was as soon as one in every of Ramaphosa’s political marketing campaign funders.

Many imagine that Ramaphosa was as soon as chosen to symbolize the interests of white capitalists. Wierzycka denied these claims but defended herself on Twitter by saying the donations were performed for the betterment of South Africa.

“Everyone who contributed did so to stop corruption, minimize poverty and establish South Africa from Zuma, the Guptas, etc. No one anticipated anything in return varied than a well-escape country (excl Bosasa). The varied facet opted for money donations in bags. Extra advanced to monitor than legitimate donors.”

Magda Wierzycka

She additionally said South Africans may calm “enable CR to concentrate on delivering increase” because going “lend a hand to Zuma” was as soon as no longer an likelihood. It’s now eighteen months later and South Africans don’t neglect that with out pain.

One netizen said: “Let’s join the dots…Magda is a CR17 Funder. Magda is additionally a majority stakeholder in the Oxford AstraZeneca vaccine. Cyril buys vaccine”. One other answered:

“The dots are connecting and it’s looking cherish Cyril paying lend a hand the investment that made him president”.

Magda Wierzycka’s achievements and qualifications

Wierzycka – a Polish nationwide and the co-founder and CEO of Sygnia Ltd, a financial products and services firm – is the richest girl in South Africa. She had a obtain price of R1.096 billion in 2018.

According to Entrepeneur, Wierzycka and her family “arrived in South Africa in 1983. They’d R500 in their myth and had spent the best Twelve months in a Polish refugee camp in Austria”.

“From the moment I turned 18, I’ve had to enhance myself. I’ve additionally had an interesting occupation, working at varied locations and filling varied roles, and I’ve travelled broadly. I think it’s this background that’s given me the flexibility to come up with innovative solutions”. 

Wierzycka founded Sygnia Asset Management Ltd in 2006 after negotiating the sale of African Harvest Fund Managers to Cadiz Financial Products and services.

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Sygnia Ramaphosa: Why Cyril may turn to Magda Wierzycka in vaccine battle