Paul Mashatile’s R28.9 million Constantia home raises eyebrows – Bundlezy

Paul Mashatile’s R28.9 million Constantia home raises eyebrows

Parliament has released the 2025 register listing the financial interests and other benefits of the current Members of Parliament (MPs).

Due to the nature of their jobs, MPs are required to disclose financial interests, such as shares and other financial interests in companies and other corporate entities; remunerated employment or work outside of Parliament; directorships and partnerships; consultancies and retainerships; sponsorships; gifts and hospitality as well as benefits and interest free loans.

In addition, they are required to disclose travel; ownership in land and property; pensions; rented property income generating assets; and trusts.

In fact, there are 13 different categories.

The register is extensive and broken down per political party.

For the curious, it’s interesting to note what gifts in particular they have received and what property MPs own.

By way of an example, let’s take a closer look at Deputy President Paul Mashatile (real name Shipokosa Paulus Mashatile).

Paul Mashatile is one of 183 ANC MPs to feature on the register.

As soon as the register was made public, eagle-eyed South Africans were quick to notice he declared a 4 000 square metre Constantia, Cape Town mansion worth a reported R28.9 million, which is registered under his son-in-law Nceba Nonkwelo’s company as one of three ‘residential’ properties. The Hawks are investigating the source of the funds used for the purchase.

Paul Mashatile register declarations

1. Shares and other financial interests

      Nothing to disclose

      2. Remunerated employment or work outside of parliament

      Nothing to disclose

      3. Directorships and partnerships

      Nothing to disclose

      4. Consultancies and retainerships

      Nothing to disclose

      5. Sponsorships

      Nothing to disclose

      6. Gifts and hospitality

      Description Value Source
      Portrait of Deputy
      President
      Estimate R3 000 National Youth
      Development Agency
      HILIA designed box:
      silver Omani Daggers.
      Collection (Wildlife of
      Russia) made in 2022,
      Manufacturer: TISSO –
      The collection consist of
      three sets dedicated to
      animals, birds and fish
      that are mainly found on
      the territory of the
      Russian Federation
      Estimate R2 000 Russia Prime Minister:
      Mikhail Mishustin, during
      the Deputy President
      working visit in Russia
      PYCCKNE
      CAMOLIBETBI (sets of
      two saucers and tea
      cups).
      Tea sets: four cups,
      one small kettle and four
      saucers
      Estimate R1 500-R2 000 Russia Prime Minister:
      Mikhail Mishustin, during
      the Deputy President
      working visit in Russia
      Backpack bag (black and
      grey in color with written
      Harambee on the back)
      Hoodie Jersey
      Bennie
      Estimate R700 Harambee Youth
      Employment Accelerator:
      CEO – Kasthuri Soni.
      RT Mirco Phone
      Thelema The Mint 2021
      Cabernet
      Sauvignon Estate Wine
      and Lindor double
      chocolate
      Estimated R1 000 China council for the
      promotion of international
      trade (CCPIT)
      Japan Bottle of Wine and
      Small grey bowl
      Estimate R2 000 Ambassador of Japan
      and Takeshi Iwaya,
      Japan’s Minister of
      Foreign Affairs
      Hibiki Suntory Whisky
      Bottle, Edo Glass for
      Whisky
      Isuzu light-duty truck (Toy
      display), N Series, and
      Decor Pot
      Estimate R2 000 Working Visit in Japan
      The Taberer Avontuur
      Stellenbosch Wine
      Estimate R500 Ahmed Kathrada legacy
      fundraising breakfast
      Black pot for décor Estimate R1 500 People’s Republic of
      China, H.E GAO Yunlong
      Silver Elephants Statue
      display
      Estimate R2 000 The Minister of External
      Affairs
      New Delhi, India

      7. Benefits and interest free loans

      Nothing to disclose

      8. Travel

      Nothing to disclose

      9. Ownership in land and property

      Description of property Area where property is
      located
      Size of the property in
      square metres
      Residential family home Constantia, Western Cape 4 000 square metres
      Residential family home Waterfall, Midrand
      Gauteng
      9 000 square metres
      Residential Kelvin, Johannesburg
      Gauteng
      3 000 square metres

      10. Pensions

      Source of the pension Public / Private
      GEPF Public

      11. Rented property

      Nothing to declare

      12. Income generating assets

      Description of income generating
      asset
      Nature of the income
      Old Mutual Unit Trust Interest generated on account

      13. Trusts

      Nothing to declare

      Transparency

      Declaring such interests enhances transparency and strengthens public trust and confidence in parliamentary processes and decision-making.

      Last Friday, the Joint Committee on Ethics and Members’ Interests adopted the 2025 Register of Members’ Interests per item 12 of the Code of Ethical Conduct and Disclosure of Members’ Interests for National Assembly and Permanent Council Members. 

      The 2025 register is the second of the seventh Parliament following the 2024 General Elections.

      “As per convention following the adoption, the committee resolved to release the register to enable access to the public section of the register. The new code adopted by the sixth Parliament established the submission of interests using the prescribed electronic form, which is aimed at streamlining declarations and making the process seamless and quick. 

      “The adoption of the electronic declaration submission form was a strategic decision in line with the move to ensure a paperless Parliament. Also, to ensure seamless submission, the office of the Registrar availed staff to support and assist Members of Parliament with their online submissions,” Parliament said.

      Registrable interests

      Item 12 (7) of the Code is clear that a Member must disclose his/her registrable interests in the first quarter of the financial year.

      “The code promotes a culture of openness and accountability, and the release of the register is a bold step in building public trust and confidence. Furthermore, by ensuring accountability of public representatives, the release ensures credibility of the oversight work over the executive,” Parliament said.

      As per item 12 (1) of the Code, the Register consists of both a public and confidential section. 

      The public section of the register is now available to be perused by the public to ensure accountability. 

      “The Joint Committee on Ethics and Members’ Interests further communicates that the 2025 disclosure process had a 100% compliance by the due date of all Members of Parliament. No Member of Parliament submitted late. The committee commends this milestone.”

      The full public section of the register can be accessed here: https://tinyurl.com/36vyn5bs

      A full report will be published in the Parliament’s Announcements, Tabling’s and Committee Reports. 

      Anything appear ‘strange’ to you among Paul Mashatile’s declarations?

      Let us know by leaving a comment below, or send a WhatsApp to 060 011 021 1

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