Jacob Zuma foundation in Chinese racing team sponsorship: pictures
Photographs carrying the logo of the Jacob Zuma Foundation on a team car for China’s Formula-E team are creating a buzz on social media‚ with questions being asked about why the South African president’s education and poverty alleviation trust is involved with another country’s electric car racing.
The president’s office and foundation have not as yet commented on the reports, but the photos are being circulated on Twitter of a racing car with the Zuma Foundation logo clearly visible‚ alongside commercial brands, including a tyre company and high-end watch brands.
The racing team was founded by Chinese businessman Yu Liu together with the Chinese Ministry of Sport‚ according to Radio 702.
Liu reportedly moved to South Africa in the 1980s where he operated businesses in the gold and diamond sectors before returning to his home country in 2004.
The Jacob G Zuma Foundation was initially founded by the president with RDP funding.
On its website‚ it says it is “respected both locally and internationally for its commitment to the socio-economic upliftment of the poor. The Foundation is committed to broadening its network of donor partners to enable life-changing upliftment of impoverished South Africans”.
NEXTEV TCR is China’s National racing team in the new global Electric FIA Formula E World Championship. Nelson Piquet Jr, a driver for the Chinese team was crowned the first ever Formula E champion in June.
The Jacob G Zuma Foundation is not listed as an official sponsor on the group’s website.
Jacob Zuma Foundation sponsorship
Jacob Zuma Foundation sponsorship
Jacob Zuma Foundation sponsorship
Jacob Zuma Foundation sponsorship
Jacob Zuma Foundation logo on car
Jacob Zuma Foundation logo in workshop
Reporting with RDM NewsWire
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