The son of South African President Cyril Ramaphosa, Tumelo took to social media to share his frustrations at not being able to open a bank account in the country.

Banks are refusing to open an account for him saying he is politically exposed.

Like his father Tumelo has business ventures in Wildlife conservation and the production of Wagyu beef. He is also into cryptocurrency and bitcoin.

Tumelo is also the founder and CEO of StudEx Group, the parent company for IT consultancy-based StudEx Wildlife and Community networking vehicle StudEx Live.


His father the President is busy trying to clear his name. This after former spy boss Arthur Fraser revealed that there was a robbery that took place at Ramaphosa’s Phala Phala farm.

Fraser said millions stashed in beds and sofas was stolen, the robbers were allegedly caught and detained at the farm before being paid not to speak about the robbery.

Below is what Tumelo posted on his Instagram page.