SARS 2026/2027LIVERepo Rate7.50%Prime Rate11.50%USD/ZAR~18.40VAT Rate15%UIF CeilingR17,712Tax ThresholdR99,000SARS 2026/2027LIVERepo Rate7.50%Prime Rate11.50%USD/ZAR~18.40VAT Rate15%UIF CeilingR17,712Tax ThresholdR99,000
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HomePolitician AssetsVelenkosini Hlabisa
Minister of Cooperative Governance · IFP · Declaration 2024

Velenkosini Hlabisa

CompliantIFPLOW confidence

Velenkosini Hlabisa is Minister of Cooperative Governance (IFP); this is their 2024 asset-declaration record. Their declaration is recorded as compliant with the ethics register. Documented conflict-of-interest context: None identified. Clean profile consistent with career in education and KZN provincial politics.

Declared assets — 2024

Immovable properties

Residential property in KwaZulu-Natal.

Listed shares

Not declared / not available

Unlisted companies

Not declared / not available

Business interests

None outside ministerial and party leader salary. Career educator and politician.

Gifts

Standard protocol gifts.

Liabilities

Standard property financing.

Notable changes

First national cabinet appointment. No prior executive declaration history to compare.

Conflicts of interest

None identified. Clean profile consistent with career in education and KZN provincial politics.

Unexplained wealth

None. Modest profile consistent with career trajectory.

Source — Parliamentary Register of Members' Interests

Declaration year 2024 · LOW confidence

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Compiled from the Parliamentary and Executive Members' Ethics registers, provincial legislature profiles, and published investigative reporting. Where declarations are not publicly accessible, the data gap is recorded as-is and never filled with estimated figures. Conflict-of-interest and unexplained-wealth notes are contextual analysis of public records, not findings of guilt.