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'Nationalise Motsepe's wealth'

2009-11-02 16:27

Johannesburg - The National Union of Metalworkers (Numsa) on Monday called for the nationalisation of the wealth of South Africa's richest man, Patrice Motsepe and ANC struggle hero, Tokyo Sexwale.

This comes after South Africa's Rich List was published by the Sunday Times on Sunday.

The list, compiled by Who Owns Whom, showed that Motsepe was the richest South African with R14.2bn.

Numsa said it was concerned that massive wealth, worth billions, was concentrated in the hands of private individuals.

Unequal

"This obscene and massive wealth is being reported by the Sunday Times in the midst of the revelations that South Africa has apparently taken over Brazil as the most unequal country in the world ever," said spokesperson Castro Ngobese.

He said the fact that South Africa was the most "unequal" country in the world was confirmed by Cape Town University's Professor Haroon Bhorat.

"Why should such massive wealth be in the hands of private individuals?" asked Ngobese.

"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."

He said the NDR has always been "anti-imperialist and anti-capitalist".

"This then calls for the radical and revolutionary agenda to be championed by the broad movement as led by the ANC to transfer the wealth of our country to the hands of the people as a whole, as opposed to a selected few."

Service delivery protests

He said failure by the ANC to transfer the wealth will lead to an upsurge of service delivery protests.

"As Numsa, we are calling for the nationalisation, and eventually the socialisation of the massive and privately owned wealth in the hands of Motsepes, Sexwales, Macozomas, Nhlekos, Mittals and Oppenheimers of this world," he said.

Ngobese said Bhorat confirmed that whilst inequalities had risen amongst black South Africans, the growth of white South Africans salaries between 1995 and 2008 surpasses by far the growth of salaries amongst black South Africans.

The salaries of white South Africans had grown by 83% from 1995 to 2008 while those of black South Africans only grew by 38%, he said.

He said Numsa would lobby other unions affiliated to the Congress of SA Trade Unions to mount a "radical and militant" campaign to put a stop to "excessive privately owned wealth and salaries which are reproducing racialised (class and gendered) apartheid inequalities and opulence".


- SAPA

Read more on:    numsa  |  tokyo sexwale  |  patrice motsepe


Rian 11/2/2009 4:38:22 PM
JAaaaa but we all have choices in life Work hard and earn big or be average and earn average or the other extreme of sit around and wait for the world to feel sorry for me so that I can GET GET GET. The problem with South Africans is that they expect everything to be handed to them, Housing, Education, ect. yes everybody has a right to these but we all have the resposibility to contribute and work - NOTHING IN LIFE IS FOR FREE, NO ONE OWES YOU ANYTHING, work hard earn big

JAKES 11/2/2009 4:39:03 PM
are you suprise,apartheid might by off the books,but it well and alife in SA, RIGHT UNDER YOUR NOSES, no need to go far....see your govt co. ie SAA

Craig_Capitalist! 11/2/2009 4:40:01 PM
Take the wealth away from those who have it (either having worked for it, or being gifted it!) and we'll see how skewed our economy really becomes. I'll take the first flight out of the country...
NUMSA should rather stop protesting and striking, and attack the corruption in local, provincial and national government...they'll find billions of rands available then!

Nicholas 11/2/2009 4:41:05 PM
That's the idea... make the rich poor so that everybody can be poor together. Misery loves company. Lol, idiots.

Martin 11/2/2009 4:41:52 PM
Knowledge = money.If you are qualified and have the work ethics and skills you will be rewarded.Nothing wrong with that.

Tlou 11/2/2009 4:43:47 PM
I'm a poor South African but I don't expect people who have worked either hard or smart to own their wealth to be stripped off their money because some of us are poor, no. If I am poor like I am, I do not have to blame the rich for my poverty, why not start somewhere too and then get rich?
This to me, is a stupid call.

wins 11/2/2009 4:44:01 PM
Becoming so rich within such a short period, can only be done with connections. Point blanc.

Peter 11/2/2009 4:44:13 PM
I would like to know what the top brass at NUMSA is worth?

Capitalist 11/2/2009 4:44:59 PM
Yaaaawwwnnn!!!!!!! O, really?!? I know Tokyo, and I don't know anyone with his work-ethic. He deserves it - he's earned it, legally!!! (O, yes, I'm white - and conservative, may I add!)

Mr G 11/2/2009 4:45:20 PM
Talk like this can only do dammage to the country, forign investors are going to start pulling back at the least, if not pull out of South Africa all togther. A man who works smart and hard has to right to amass all the after tax wealth he can, these poeple have paid thier taxes on thier wealth and the Goverment has got thier share (pity most of it is squandered on corruption)
Rather promote poeple like Patrice and Tokyo to unspire the rest of the nation to aim higher. We do not want to become a wealfare state.

Juan 11/2/2009 4:45:29 PM
Uh, HOW can you have a 'revolution' in a 'democratic' country?

pete 11/2/2009 4:47:32 PM
Another Communist rant by NUM. Will these guys never learn that Communism/Socialism only EVER made a few people richer (check out Fidel Castro, for example) and the poor even poorer. These guys are like crabs in a bucket. No crab can ever get out because the other crabs claw him down.

KOBUS 11/2/2009 4:47:34 PM
Ah yes, nationalise it, because he hasn't already paid more than 30% tax on it, has he? If his wealth is "nationalised" he will of course continue with all his businesses and not close any of them down. LOL, will they never understand how a modern economy works?

Selwyn 11/2/2009 4:48:11 PM
I wish NUMSA would mind their own business and get on with life. You are probably a communist party as well. Just ask the biggest nation in the world if communism worked and they will tell you a big resounding "NO". Im sure you are trying to incite mass hysteria within the uneducated masses. If your neighbour does well in life congratulate him and well done. And remember God's commandent, "do not covet your neighbour". Now why don't you go and do something positive for this country so that we can say, "Well done, at leats you making an effort to improve the lives of the poor and destitute.

Fi5 11/2/2009 4:50:49 PM
Oooo...where to I apply for a share of the money OTHERS WORKED for? Maybe they should get it in cash,put it in a plane and throw it out over the whole of SA,that way the money's evenly distributed,but I think you'll find that plane circling over the houses of Malema and government and trade union officials.

Muhammad Hamid 11/2/2009 4:52:20 PM
It is ridiculous to even think of nationalising, Motsepe's wealth. It is not that he has worked hard nor that he probably would not have been worth as much without his obvious political connections, but he had made wise business decisions based on his connections.
Kudos to him.
What incentive do South Africans have to succeed, if their wealth is at risk to nationalisation?
Really, we do not live in a communist country, If Numsa wants the govt to nationalise successful entities,then Numsa can invest its own money, or get money from any bank and stand surety, make a success of the investment, and hand it to government.
Government needs to govern, not run business.

Point Blank 11/2/2009 4:52:37 PM
My salary grew by 85%!!! Where??? How can you say salaries of "whites" grew, what a total fabrication, I have received increases of less then 5% for the last 10 years!!

Grant Abbott 11/2/2009 4:53:09 PM
Nationalizing the wealth of one man?!!! Really?! Good god, can someone please just ban the unions already until they get leadership with an education!!!

John J 11/2/2009 4:53:49 PM
It is really sad that this man cannot make his mind up as to which apartheid regime he wants to abolish or is it that he is bitter and twisted that he is not as financialy astute as the gentlemen he is accusing?

Alfred 11/2/2009 4:54:09 PM
I think some of the ANC stallwarts on that list need to have their fortunes nationalised as there is no way that kind of excessive wealth was gotten by great entrepreneurship alone.

The statistics about white Vs Black increases prove statistics are like Bikinis what they show you is interesting what they hide is vital.

Example if whites did npt get those increases the economy would not have grown and the black increases would be even less... also per capita the white population was far more educated in that time (yes a by product of appartheid )but till all things are equal someone needs to pay the taxes of this country shows white tax payments also increased by more than 80%

LOL 11/2/2009 4:54:28 PM
Yeah right - Patrice Motsepe handing over his billions - Dream on buddy!!!

Taki 11/2/2009 4:54:59 PM
This is sickness - These folks worked for this and deserve being reqarded for the business dexterity. What should be rooted out is corruption and tender for pals. One who benefited on ligitimate grounds should enjoy the fruits of his labour

Artvark 11/2/2009 4:55:32 PM
The salaries of white South Africans had grown by 83% from 1995 to 2008 while those of black South Africans only grew by 38%, he said." - WTF - In what world? Where do you get these figures??

Bratt 11/2/2009 4:56:26 PM
Communism? Really???

chuma 11/2/2009 4:58:45 PM
This guy must out side his mind!

Marius Muller 11/2/2009 4:59:46 PM
Can you now see what a pipe dream communism is.The freedom fighters of the past who gave the black fist salute are now stinking rich capitalists, that includes Mr.Nelson Mandela.When will you learn that its all just about money and stuff the poor.Communism and socialism will never succeed, people are just too greedy.So im afraid instead of complaining,get your backside in gear and start working for your money instead of trying to nationalize everything .Sitting in the sun and feeling good about yourself in Africa must be something of the past,revolutionaries are on their way out,hard work and capatalism is in .If this is not followed Africa will die a horrible ,disease and famine infested death.Africans will kill each other for the last few scraps.This while the rich sip champagne in Paris.It is never the rich who die and suffer ,its the poorest of the poor.

betsy 11/2/2009 5:00:05 PM
"The salaries of white South Africans had grown by 83% from 1995 to 2008 while those of black South Africans only grew by 38%" isn't it a supply and demand thing?

Andre 11/2/2009 5:00:23 PM
Ok then dont bother pleading for foreign investment!!!

Jot 11/2/2009 5:00:24 PM
I agree. All our ANC comrades have become billionares at the expense of the taxpayers. They have not earned it through hard work

TedHaller 11/2/2009 5:02:28 PM
We are well on the way to becoming a communist state where the government will simply take away (steal) that which people have worked their backsides off for and give it to those that don't want to work

Kukama Sehole 11/2/2009 5:02:38 PM
The unions can go jump of the nearest cliff. Juluis Malema can join them

Justin Spaey 11/2/2009 5:04:16 PM
Dumbest thing i've heard in a long time. What's next? Nationalise cars and houses? Eish baba, Marx would be smiling ear-to-ear if he were alive.

roddyp 11/2/2009 5:04:32 PM
Another well though out, strctured and fantastic idea that will solve all of our problems! Well done NUMSA. You make SA Proud!

Cracker 11/2/2009 5:04:44 PM
You get only once chance to nationalize. Thereafter the nationalized asset is lost forever. Gone. Non-resurrectable. Wasted. Spent. Finish. Immediately all other assests devalue and nothing is left and nothing will be built up again. Numsa and the trade unions have never build up assets, they just suck the life out of wealth creators all the time, whithout whom they and their members can't exist. Their and their members income depend on wealth creators. How silly they are not to contemplate who will take over from the wealth creators! Who in the structures of the trade unions have ever shown the aptitude to build and create wealth? They are parasites of the worst kind, always sucking and consuming and destroying. But the time will come when the trade unions will run for the hills, chased by the masses and their own members when their is nothing left to consume.

J 11/2/2009 5:05:15 PM
Would NUMSA care to publish the salaries and assets of its top echelon!

Hogist... 11/2/2009 5:05:23 PM
This is nonsense, how many white folk have had money, why has their wealth not been called, Am saying this because I believe the likes of the quoted have worked hard for their wealth, and if it was me with that wealth I wouldn't just share it as this idiot is suggesting, but work on ways of uplifting my fellow South Africans.

Tebogo 11/2/2009 5:06:19 PM
Castro you are such an idiot its scary, you and your idiot cronnies now want to nationalise "MOTSEPE'S WEALTH"? damn its his money go get a real job doing something of cognisance rather than making ridiculously stupid comments like this one. So what if he is rich? Damn and the next thing you hear will be Juju supporting this crap, I now believe Whites when they say we are headedd the way of Zim, with comments like these, i am beginning to get worried

LouisG 11/2/2009 5:06:30 PM
hehehehehehehe..... really funny....!!!
another Malema in the making....!!
Right anyone with over 2 Million net worth..
must hand the rest of the money over to the people.....!! mmmmmmmmmmmmm....!!

Thembekile 11/2/2009 5:07:08 PM
NUMSA is out of their minds, afterall we are a democracy. If I have couple of billion in my possesion , so what. You cant control everything, we all have the potential to achieve that wealth

Dr Fakema 11/2/2009 5:08:18 PM
It’s a sad state of affairs, surely you guys this does not come as a surprise. Tokyo Sexwale sold off all the Naval Property at Silvermine and became super wealthy overnight.

geezer 11/2/2009 5:09:38 PM
thanks affirmative action (and Thabo Mbeki) to giving the nations wealth to a couple of fat cats, while a large majority of people are living in total poverty. Instant gratification doesn't pay!

AdieB 11/2/2009 5:11:32 PM
Ehh hellooooo!!!!!!!! Eishhhhhhhh!!!!!!!!

Mpumi bikitsha 11/2/2009 5:12:17 PM
For me what is more urgent even before targetting individuals would be to drastically reduce the ridiculously exorbitant salaries of all parastatal executives. To hear daily of payouts of R7million; golden handshakes of similar amounts and all parliamentarians whose job descriptions include taking a nap whilst in session is heartbreaking. I don't think the Motsepe's and others have squandered the taxpayers' money. Let's focus our energies on removing this scurge first. Every single day we read of hundreds of millions of rands that have landed in different pockets other than the ones they were meant for. Thousands of jobs would have been created by now if tenders were given out regularly. There lies the creation of jobs for this country, especially if the jobs tendered out were completed successfully.

Helen 11/2/2009 5:13:17 PM
Government need to investigate the property industry where white developers are making a killing escalating stands from R1 9000 000 in 2006 t0 R6 0000 000 in 2009. Just a piece of ground. The real estate industry is dominated by whites and they collude to keep black agents from operating in the so called high end even if they live in the area. Wealth needs to fairly distributed.
There is a sort of a club where only a few individuals are invited when opportunities arise. The banks are still controlled by white males who latch on a few individuals. Keep giving the unlimited funds.Thhis makes me sick.

Jimmy 11/2/2009 5:14:05 PM
I think the union is not fair.Please just deliver to the poor and stop worrying other people with their money.Think better plan B

rbgguy 11/2/2009 5:15:04 PM
He pulled a Malema! lol

Boerseun 11/2/2009 5:15:50 PM
This guy must be braindead. 85%, what world does he live in. Perhaps he should go look at ANC cadres salaries and increases to see who's gotten the highest increases. Fool.

Adams 11/2/2009 5:16:16 PM
I think this just confirms that Unions and Youth Leagues , are led by complete and utter uneducated , good for nothing useless human beings that are unable to have one rational debate. How they get the positions is such an embarrassement for the party or union. the world is laughing at you.

Bob 11/2/2009 5:16:24 PM
NUMSA, you are a bunch of idoits. Get a life, this 'idea' of yours shows you have no brains whatsoever.

Tate 11/2/2009 5:17:42 PM
Compared to people living in shanty houses, Castro Ngobese has excesive wealth, so he must give them his money...see if he likes that. Taking "rich people's" money is theft. I thought we were out of the stone age where people club those who have more than themselves.This is typical lazy, hopelessness mentality. Let's shout it from the rooftops...."COMMUNISM IS DEAD!!!"

sputnik 11/2/2009 5:19:43 PM
Utterances from another BRANCH manager...of the acorn tree....

Kurt 11/2/2009 5:24:28 PM
Nobody I know (white friends) have had salary increases this guy is talking about. Just thumb suck as usual...I suppose to lighten the blow to their fellow very wealth comrades. Yip...at the end of the day they will turn on each other! There is no loyalty or friends when it comes to money!

ANON 11/2/2009 5:26:06 PM
Is anyone surprised at these statements? First, militarise the Police force, then appoint Mo as intelligence head, interfere with the judiciary & appoint your own kronie, sign off for ESKOMs increased tariffs, introduce health tax, SABC tax, screw the people who try and save for a rainy day, pay exhorbant salaries to contractors at the revenue agency.
THIS IS ONLY THE BEGINNING - GET READY FOR ZIMSA!!

Sarah 11/2/2009 5:28:35 PM
This is just a joke, i can expect someone after i have worked very hard so much that someone would come and strip all my wealth, THIS IS A SERIOUS JOKE. nothing like that can happen. We as South Africans we are very lazy as a result we think that we can just rob people their long earned sweat, Just forget that will never happen here. i will die for what i have workerd for whether i inherited from my father

db 11/2/2009 5:29:15 PM
Blundering idiot! The ANC desirves every protest. They are after all the architects of this uneducated, unruly generation!

GeePMB 11/2/2009 5:30:28 PM
Bwahahaha.. Now NUMSA are bitching about the wealth that their ANC Cadres have amassed at the expense of the poor. I can't see Tokyo and Patrese giving up anything just because a trade union "demands" it. Once again the masses want something for nothing. Some democracy we are!! Bwahahahahahahaha..

James 11/2/2009 5:30:38 PM
They've only now realised that BLACK ECONOMIC EMPOWERMENT only enriches a select few....
Wake up and smell the coffee.

MarcP 11/2/2009 5:31:42 PM
Did anybody vote for the communists? Why is there so much talk about nationalization. People can't see the shortcomings that have occurred in public enterprise? Now nationalize people's personal wealth? With talk like that, who would want to invest in South Africa?

@Rian 11/2/2009 5:32:35 PM
And the good university prof and math teacher that works hard and does not earn big?

Das_Kapital 11/2/2009 5:33:05 PM
It is as clear as daylight these people need another word for "democratic". No wonder when they were schooled in by the misnamed "democratic" people's republics around the world. However, they are right by saying that BEE and government have stolen billions from the real shareholders - the people. The solution is to vote for someone else rather than blaming and wanting everything for free from those who build this country through hard work. You are victims of your own "baasskap" because you cannot unshackle your minds from apartheid and do something positive.

Soso 11/2/2009 5:35:12 PM
Well, he got one thing right. My salary grew by more than 85%. Ten years ago I was earning nothing, now I just have 85% more than that.

ARGGG 11/2/2009 5:35:49 PM
Maybe we should all stop working and sit and wait for out handouts from the goverment. Maybe then they`ll realize were the money came from.

Karen 11/2/2009 5:37:50 PM
Yup, and so it continues. No reward for hard work, and no reward for no work - so why work? I don't know where this idiot government thinks are going to get money from when everybody is poor and they have been forced to come out of the closet about their communist or socialist agenda. No help from the West there and only exploitation from the East. ANC zombies I hope you are enjoying "your time" now, because it is not going to last for very long and then there will be nothing to keep you hoping for better and you cannot move any further South and you've already destroyed everything up North and you can't swim. You have all jumped off the cliff like lemmings and now you will drown. The only way to save this country and for nobody to vote ANC next time around - if in fact, there is a next time around. I wouldn't place any bets on it, but we can at least hope for that....

Gary Botha 11/2/2009 5:39:36 PM
This is so typical, lets look for someone who has more than we do and then lets steal it. The bigger problem of course is what these idiots will do with the cash they have stolen from those who have grafted their butts off. New houses and big SUV's I am supposing. What a bunch of morons!!!!

ryan 11/2/2009 5:39:55 PM
April Fools on 2 November....go figure.

Lebo 11/2/2009 5:43:46 PM
I thought SA was a democratic country not a communist country clearly ther's a thin line between the two or so it seems to some pple

Allan 11/2/2009 5:44:48 PM
Bhorat or Borat???? As a professor you should confirm your figures with the maths department first. Every year the unions go on strike at a cost of millions and loss of many jobs. The big "communist" cheeses in charge of the unions do not lose money. Only the very workers they wish to help do! If we talk a 8% increase per year we will reach a doubling of their salary in roughly ten years. You can argue that unemployment is increasing thus those people must be considered in that statement. Sadly the blame for unemployment cannot be laid at the door of the rich, but rather at the door of unionists,communists and socialists who demand this regime while still demanding all the trappings eg BMW Armani, Tag Heuer etcetc Come on. Get over yourselves and let those with the courage, foresight and opportinty make money!! They create jobs not the unions.

nice one 11/2/2009 5:44:52 PM
give it to me lol

Jan 11/2/2009 5:45:14 PM
Beautiful - a non-racial argument to give it legitimacy.
What about slavery (with happy slaves or yuppies)? You have them to work for you, tax them hard, but leave them semi-happy to indulge a little. You further use government spending filtered through your own pockects and add an additional income source. Become the middle man in all transactions the mandatory partner for contracts. You manage all big funds and earn huge management fees. The ANC is already into this game big time. To kill the cash cow will be stupid. Why try to do the hard and dirty work if you only need to be a partner of the money-making efforts in the country. Use capitalism to work for you - there is more money-making opportunities.
Zimbabwe 'nationalised' farms and now everybody is starving. You need to work the farm to earn money. Hired help is not going to make you rich unless you give them an incentive to do exactly that.
The ANC could not run ESCOM, a education system, hospitals, etc, etc,...... What will change? Only the idealist believes remain the same. Oom Jaap Marias also wanted to nationalise English owned mines.

lebo 11/2/2009 5:47:36 PM
I thought SA was a democratic country not a communist country but clearly there's a thin line between the two or so it seems to other ppl let Motsepe have his wealth thats the fruit of his labour..you expect handouts you'll never amount to anything stop this madness

Ben 11/2/2009 5:48:53 PM
perhaps they should include the average salary increase of ANC members and their families between 1995 and 2008 in that comparison.

Barry Varkel 11/2/2009 5:51:04 PM
Yeah I say nail the shyster! But please people let's be real, nationalising the cash won't do anything other than put their cash into the hands of another crooked scumbag who runs the treasury. So let's do a simple test: Nationalise the cash, appoint Shabir Shaik as the treasury honcho, enter Zuma times two,another thirty wives and a few more corvettes give and take, and round and round we go. Because there's no business like show business like... God I'm thinking of giving up my new writing job. This definitely isn't working. Hey Mr Motsepe and Mr Sexwale can you spare a R500 for a starving unemployed Jewish ex lawyer. I promise I read the credit act and I will repay you at one cent per month for the next three and a half odd years and I'll even wash your cars and burp your babies, and watch you guys do to your own people exactly what you accused the Afrikaners of doing to you. Amandla! Oops I think I felt a bullet whizz past my head. Got to go now. Over and out. Honey, where's my chicken soup?

Animal Farm 11/2/2009 5:57:33 PM
And while we are at it, let's rush to nationalise the MP's fancy cars too.

Sipho 11/2/2009 6:01:01 PM
The call by NUMSA makes no sense at all. I do not see why targeting the few individuals mentioned in this article will improve service delivery. Does it mean if everyone is poor service delivery improves? There is no logic in this kind of thinking. A lot of commentators have argued that the tripartite alliance does not make sense. I agree with this view, because right now, COSATU and its affiliates are part of this alliance and yet they carry on rubbishing policy positions that the ANC has adopted. Mathews Phosa, Gwede Mantashe, and others, have consistently told the investing public that nationalization will not happen. I think the ANC should simply detach itself from this senseless alliance, and let COSATU and the SACP canvass their own positions separately. That way, no one will confuse their rhetoric for possible policy shifts by the ANC government. Right now, it is difficult to separate rhetoric from fact, which does no good in promoting SA as an investment destination. Finally, the reduction of unequal distribution of wealth cannot be resolved by simply stopping individuals from being obscenely rich, especially those that accumulate their wealth through legal means. The solution has to be much broader than this "nationalization" nonsense.

Warren 11/2/2009 6:07:38 PM
Unions!- Lets let the dumb and lazy take control of our economy. They will never be able to speak Chinese when they are re-colonised by harder working more intelligent and ruthless colonisers that cant wait to get their hands on the wealth of the African continent!

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