[3 Pics] South Africa's Richest Black billionaire - The Richest Black man is...

[This is one of the old but important stories from the original AfricanCrisis website that I am converting on to the new site, in the new format. Jan]

	South Africa's Richest Black Billionaire It was said by the liberals and the communists that thereason for bringing about black rule in South Africa(and Africa) was to uplift the black poor. But inreality, nothing really changed for them - in fact,things are mostly MUCH WORSE now. But the real beneficiaries of black rule were the new, minority,the Black Super Elite - who are often richer thanwhites ever were, and who do virtually nothing fortheir fellow blacks, except tell them how the whitesdid them in. This is the pattern across Africa. Race has never left politics. It has merely changed fromwhite to black. Nowadays people can make millions, evenbillions just from having a black skin. With even theslightest smidgeon of talent, a black person can getextremely rich, with NO CAPITAL! Here is how it works. It is forced upon us by law tonot only have a certain percent of non-whites in companies, but any business which does not havepartial black ownership is discriminated against.For example: No company solely owned by whites cantender for lucrative government contracts. One ofthe requirements of the tendering process is toprove that one (a) has black partners (b) isengaged in uplifting the blacks, etc. So what happens is this: Across the board, businessesare seeking any black partners they can find - in anyway, shape or form. These businesses then take black"investors" on board who don't have a cent. All theblacks must do is carry out various duties (normallymarketing) and then they are literally "given" hugeholdings worth millions - or in some cases - maybebillions! For example, I have a friend who works for an advertising company which is owned by a white womanwho won the businesswoman of the year award. She realisedshe needed a black partner. So she signed up one ofWinnie Mandela's daughters and gave her a 26% shareholding,literally for nothing - as long as she brings in businessfor the firm. The reason blacks get such huge percentages worth vastamounts of money is because part of the government requirementis to see that blacks own a certain percentage of the business. Blacks are promoted, given huge shares in businesses, etcjust to make up government quotas. Existing businessesbuy up the shells of failed black empowerment businessesas tax write-offs, and to help them make up quotas so theycan get contracts. An example of a black man with no money who became amillionaire overnight was Cyril Ramaphosa, of the ANC.He left politics, and within a year or two, from nothing,was worth R25 million. How do these people make so muchmoney? They are literally given massive shareholdings inpublic companies just so that they can show some blackfaces on their board of directors - and that's prettymuch it. It is part of the "cost of business" these days. Blacks are used, not just to make up quotas, but alsobecause of their political and other contacts. The following story is about Patrice Motsepe, who is South Africa's richest black billionaire. Clearly, hehas talent, and has a good attitude to life. But, takenote also, how, from nothing, he suddenly has stakesworth billions in the world's 5th largest gold miningcompany and in Sanlam an insurance giant (created originally by Afrikaners). He says a lot of interestingthings - but as he says himself "he has to keep a lotof people happy" - so just how many of his patronizingstatements, especially towards Afrikaners are sincere is anyone's guess. But this story will give you something of an insight intohow a new Black Super-Elite is created. Zimbabwe alsohad a Black Super-Elite created in this way, and lookwhere they led the country? If you think blacks can'texploit and subjugate other blacks worse than whitesdid, then you don't know Africa.The entire magazine article is reproduced below. Readit and decide for yourself if this guy got lucky becausehe has a black skin. Patrice Motsepe & his wife Dr Precious Moloi
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	Patrice Motsepe & his family.
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	Patrice Motsepe at his home in the upperclass suburbs of Johannesburg.
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	The entire story is reproduced fromYOU magazine in South Africa. The original title was: The Man with the Golden Touch "The new face of Sanlam," the headlines proclaim. On the accompanying photo, smiling between the cupped hands of the Sanlam logo, are Dr Johan van Zyl, executive head of Sanlam, and Patrice Motsepe. Anew face indeed for a traditionally white Afrikaner corporation. Patrice Motsepe is from Ubuntu Botho Consortium which has just acquired a 10 per cent interest in Sanlam. Meet SA's black billionaire," screams nother headline. But just who is this black businessman who, after a complex transaction, will eventually acquire a 10 to 12 percent interest in Sanlam and will be the biggest shareholder in this life assurance giant? Who is the man who'll in total cough up R1,3 billion? After three days and lots of effort I finally track him down. On Saturday he was at soccer - his great love after rugby. He'd gone to see Kaizer Chiefs beat Silver Stars and wasn't available. On Sunday he had to attend a family gathering outside Pretoria regarding his mom's death in October. In the afternoon he was off to watch his own team, Sundowns, play the Black Leopards. Once again not available. On Monday morning his first meeting was at 6am and his entire day was fully booked. American businessmen were flying in. Others were arriving from Cape Town. But in the middle of all his cellphone calls he juggles his diary and fits me in. We meet at his home in Johannesburg's northern suburbs. No further jetails because Patrice and his family are extremely private. The glittering blue pool hugging the patio at right angles has two Kreepys. And the long table on the sunpatio has place for 14. When their families come to visit there are a lot of people, he explains. I immediately notice his Afrikaans. It's flawless and without accent. He enjoys speaking it too. Although I try to put him at ease by speaking English, he switches back to Afrikaans. He grew up in Pretoria where his parents lived but when he was five his dad sent him to school in Aliwal North. "There were two reasons: he wanted to give me a good education and, just as important, he wanted me to speak proper Afrikaans. That was in 1968 and he enrolled me at the St Joseph Mission School. "I was there for ten years - and they were ten difficult years. Do you know how it feels to go to bed on an empty stomach? The food was terrible. I really had a hard time." He intentionally tries to speak Afrikaans as much as possible these days. "From five to 15 at boarding school I spoke better Afrikaans than any other language. Since then I've lived and worked in an English milieu so I grab every chance I get to keep my Afrikaans alive. I love the language." He comes from the royal Motsepe tribe, established at Mmakau in Ga-rankuwa north of Pretoria centuries ago. His uncle is head of the tribe. "Are you a prince?" I ask. "That's what they say but I don't want to talk about it." The Motsepes are Tswana but, Patrice says, "rather leave it there. It's politically incorrect and irrelevant in this new South Africa we're building to talk about a black or white person or what tribe people come from." His first name comes from statesman Patrice Lumumba, first prime minister of the independent Republic of the Congo. His second name, Tlhopie (or "Kloppie" as he was called at boarding school), comes from Tlhopane which means "the chosen one". Patrice (who turns 42 next month) and wife Dr Precious Moloi have three sons, Tlhopie (13), Kgosi (7) and Kabelo (1). The stylish and petite Dr Moloi is well known in her own right. Until the birth of her youngest son she had her own practice in Johannesburg and wrote medical articles for our sister magazine "True Love" and is chairman of the SA Cancer Association. Patrice reveals his interest in business started when he was a child. His dad, ABC Motsepe, started his own business in Garankuwa years ago and by the 70s was known as one of the most successful black businessmen in the country. "When I came home from boarding school for the holidays I'd rather work behind the counter at my dad's shop than play outside like the other kids. "I must have been about eight when my dad said one day, 'We make so much money when you're behind the counter you should take over the business when you grow up'. "But it was hard work, from 6am to 8pm. I soon realised I needed to choose a career that would keep me away from that shop! "That's how I came to decide when was only eight that I'd become a lawyer. "The fact is I've had the entrepreneurial spirit since I was a child. It was part of the way I grew up." His entire life was focused on one goal - not only to do well when he tackled something but to be the best. And that took hard work. "Even at school I had to be first. I was miserable if I came second or maybe third. "For me it was always about hard work, blood and sweat and coming out on top. "One of my first goals was to be a good lawyer. In 1994 I became the first black lawyer to be made a partner at the firm Bowman Gilfillan. "Then I suddenly got restless and had to find a new goal. "My shop work from my childhood came back to haunt me. So I decided:now I have to become an entrepreneur and tackle something on my own." That was the start of his entry into mining. He specialised in mining law and developed an interest in the industry. He'd always dreamt about founding a world-class gold-mining company. Without money or experience it was easier said than done. But after struggling for five years his company won its first contract for small-scale mining activity. That was barely nine years ago. Today he's the biggest single shareholder of the world's fifth-largestgold mining company. His firm, African Rainbow Minerals, controls 43 per cent of a mining conglomerate worth more than R10 billion. Earlier this year his ARMgold merged with Harmony and was listed on the stock exchange. His family trust owns 55 per cent of this company, valued at R7 billion. In his study are several awards, among them last year's Sunday Times business leader of the year and South Africa's entrepreneur of the year awards. PATRICE is relentlessly positive about everything South African. What about the previous regime and the apartheid era? "I'm often so politically incorrect I have to watch my words," he says. But then he continues: "We should focus more on the good stuff. One of the most important things is there have always - even in the past - been good relations between all South Africans. "We have to separate politics and relationships between people. We should think about the future, hold on to the good from the past and build on it. We mustn't drag the mistakes of the past with us. "I'm not interested in that. I'm interested in the country we're building for all our children, white and black - a country with a future." That's why he decided to aquire an interest in Sanlam, he says. He admires this company, especially the way it uplifted poor Afrikaners. "I can learn from them. Sanlam's future is everyone's future. "An Afrikaans businessman once told me, 'You black businessmen must learn from our mistakes. Don't make the same ones.' I still remember those words. "Today we live in a democracy and are surrounded by beautiful developments. Our kids don't see colour any more - and that's what makes South Africa so beautiful and unique." Does politics have a place in his future plans? "No. I'll never get involved. I'm simply too incorrect! As a businessman I have to keep everyone happy. "But I also have a dream. That our children, black and white, will join hands and believe with confidence in South Africa as their country of the future." He smiles broadly as he adds: "You know, my eldest's best friend is nogal a Botha! And he often spends the night with us." Then he hits the nail even more firmly on the head: "And I support the Blue Bulls! I played rugby at Aliwal and I'm mad about the sport. I'm a Blue Bull these days. One of my dreams is to get involved with a rugby club. Watch this space ... Source: YOU Magazine Date: 18 December 2003.

Posted By: Jan
AfricanCrisis Webmaster
Author of: Government by Deception

Date Posted: Tuesday 23-Feb-2010
i developed an interest in mining industry 2003 after i listened to a challenge put to women coference (TWIB) by the then Minister of Minerals and Energy at Eastern Cape. Because naturally i am a person who like challenges and never wants to walk on the beaten track i fell for the idea.

i immediately took the matter to North West Province and i was selected to make a further research on this field. This made me the founder of South African Women in Mining in the North West (SAWIMA NWest)and thereafter interim chairperson OF THE PROVINCE.

Now because when i tackle something i want to be the best this forced me to take up a course on mining and minerals with the then university of the north so i could have a mining lingo.I was also attened workshops conducted by department of minerals & energy and lot of institutions that have interest in mining

I belong to a women mining company and i have conducted several awareness campaign on this field in the rest of North West also won the interest of many women around the province,and i was chosen as the interim chair person of SAWIMA NW but i have a problem of a break through. This has resulted in me losing interest and losing focus, especialy after i made a near break through talking to Mr PATRICE MOTSEPE and we made an appointment for a followup but the next thing i could not get him anymore on the phone. I also lost a contact i made with his sister Bridgette Radebe.

The only favour i need is please get me PATRICE MOTSEPE's contact numbers or have him read this email so i could open the line of communication with him again. Women in our area are looking upon me on this venture. If we could get a small scale mining venture for women in Ga-Rankuwa,Mothotlung Mmakau,Ramohodi,Hebron,Mabopane,Kgabalatsane and surrounding arears.

PATRICE MOTSEPE's dream of "Children of S.A black or white to join hands & believe with confidence in S.A as their country of the future" can only be actualised by first touching a women, then the rest will be history. The saying that if you educate a women you educate the nation is a fact and cannot be done away otherwise all will be a dream never to be attained.

Thank YOU very much for your time in reading this article hopefully it will come to fruition

bongo sepeng
Ga-Rankuwa Pretoria
Gauteng

Date Posted: Monday 15-Feb-2010
mugabe does not fit to be part of this picture hes so disgusting i dont even wish to see him on media.

nhlahla sambo
nelspruit
south africa

Date Posted: Friday 05-Feb-2010
The people commenting on this article should go to www.iamanenglishman.com and click on rogues gallery. There you would find that every single person on it is a black criminal nearly 1700 of them, right here in the UK. With blacks a mere 5% of the population could you imagine what it would be like if they were in the majority.
Robert

robert clark
london
england

Date Posted: Thursday 04-Feb-2010
THE JOURNALIST IS BIASED IAM AT WITS UNIVERSITY BECAUSE OF BLACK MAJORITY RULE I CAN SHOP AT CALTON CENTRE BECAUSE OF BLACK MAJORITY RULE.WHAT DID THE WHITES DO FOR BLACK PEOPLE PRE 1994?NOTHING INSTEAD THEY VIOLATED THEIR HUMAN RIGHTS AND DEPRIVED THEM FREEDOM IN THEIR OWN LAND.DON'T TAKE JOURNALISM AS A LICENCE TO JUDGING SUCCESSFUL AFRICANS(BLACKS).

LUNGSTA
JHB
MZANSI

Date Posted: Wednesday 23-Dec-2009
I think the writer of the article is an individual whose heart is sore, simple because the current government is has put in place measures to correct the evil done in the past. There is no evince to back the claim that black people were better of during the white government, on the contrary there is overwhelming evidence to show that black people's(including indians) lives have changed for the better since the new dispensation. If you do not believe me read the stories of Bambatha Zondi who paid with his life just for refusing to pay R2 poll tax, which he did not have anyway,and there were many more like Dinuzulu who were jailed for crimes they never committed, simple beacause the governers of the time wanted to set axamples, having no regard to people's lives now how do compare that to the black billionares come on.

sBO
RSA

Date Posted: Friday 11-Dec-2009
Good article. I wish I could speak to Patrice again. I tried to get hold of him before his fame but to no avail. Maybe he can help to get our JC class of '77 together. Mark Bunding & I had contact and were hoping to organise a re-union. So, maybe Patrice can use his influence! Congrats, Patrice - schoolboy.

Craig Swain ? jaws
kuils

Date Posted: Tuesday 15-Sep-2009
With all due respect to the individual who compile the Patrice Motsepe article. The article is biased. Everyone can state from the first few paragraphs that the article was written by a white person who chose an emotional perspective rather than a factual report based on research and statistics.

If he says the system and the black government has made the poor ever poorer than why are we having an increasing number of black people in the middle class living range.

Maybe I am wrong myself but clearly any indiviual can suspect this kind of reporting. Sir, please refrain from writing biased articles.

Thanks

La Shame
Durban
South Africa