THE BLACK CAPITALIST MINORITY If memory serves me correctly, transferring the wealth of the country to the people as a whole, as opposed to a selective minority, was one of the pillars of the struggle for freedom. This is listed in the Freedom Charter as the National Democratic Revolution.

South Africa has since overtaken Brazil as the most unequal society in the world, and South Africa’s ‘Rich List’ as compiled by Who Owns Whom, highlights the fact that a brand new black capitalist class has been created since 1994.

Most of the blacks on this list benefited from BEE, yet BEE is supposed to be a process to decrease income inequalities.

No wonder then that the natives are getting understandably restless.

The National Union of Mineworkers on Monday called for the nationalisation of the wealth of South Africa’s richest man, Patrice Motsepe, who (incidentally?) made his money from mining.
Motsepe is worth a reported R14.2-billion.

 

‘Why should such massive wealth be in the hands of private individuals?’ asked Numsa spokesperson Castro Ngobese. (Note the first name and be afraid Patrice. But then again, I suppose you can afford to not be afraid.)

‘We strongly believe that our National Democratic Revolution (NDR) as encapsulated in the Freedom Charter was never meant to reproduce or replace a White capitalist class with a Black capitalist class or co-opt connected politicians to join exploiters.’

Also on Numsa’s list are the Macozomas, Nhlekos, Mittals, and of course Tokyo Sexwale. Donald Sexwale? Tokyo Trump?

Btw, can Tokyo Sexwale still be referred to as ‘A hero of the freedom struggle’ when the struggle so obviously still continues?
Not the for him though.

For Dog’s sake, the man recently spent a night in a shack so that he could experience firsthand ‘the plight of the poor?’

Kader Khan
Editor
info@yummie.co.za