If the shoe fits, wear it?

Over the past few months we have seen the Guptas (apparently) sever ties with local business, heading overseas to avoid the rising tide of bad press and bank account closures.

Whether or not the state remains ‘captured’ is another story altogether, because we know how deep both the Guptas pockets and our politician’s greed goes.

Nothing slips past our favourite satirical cartoonist, who released this today on his official site:

Come now, you knew Zuma was going to be involved somehow.

If you’re unsure why one of the furry buggers is floating off on a treasure trove then consider this from Fin24:

Gupta-owned Oakbay Investments on Thursday said it derived R233m from its total revenue of R2.62bn from government business…

In a statement, Chief Executive Nazeem Howa said: “I hope this will help audiences understand our operations and dispel some of the myths that have been built up about our Group, especially the myth that we are heavily reliant on government business, when nothing could be further from the truth.”

Their government business only accounts for 8,9 % of total revenue, which doesn’t seem too outlandish, but given what’s come before that R233 will ring many alarm bells.

[sources:zapiro&fin24]