'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.


"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".

  • Rian - 2009-11-02 16:38

    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 - 2009-11-02 16:39

    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! - 2009-11-02 16:40

    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 - 2009-11-02 16:41

    That's the idea... make the rich poor so that everybody can be poor together. Misery loves company. Lol, idiots.

  • Martin - 2009-11-02 16:41

    Knowledge = money.If you are qualified and have the work ethics and skills you will be rewarded.Nothing wrong with that.

  • Tlou - 2009-11-02 16:43

    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 - 2009-11-02 16:44

    Becoming so rich within such a short period, can only be done with connections. Point blanc.

  • Peter - 2009-11-02 16:44

    I would like to know what the top brass at NUMSA is worth?

  • Capitalist - 2009-11-02 16:44

    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 - 2009-11-02 16:45

    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 - 2009-11-02 16:45

    Uh, HOW can you have a 'revolution' in a 'democratic' country?

  • pete - 2009-11-02 16:47

    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 - 2009-11-02 16:47

    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 - 2009-11-02 16:48

    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 - 2009-11-02 16:50

    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 - 2009-11-02 16:52

    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 - 2009-11-02 16:52

    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 - 2009-11-02 16:53

    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 - 2009-11-02 16:53

    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 - 2009-11-02 16:54

    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 - 2009-11-02 16:54

    Yeah right - Patrice Motsepe handing over his billions - Dream on buddy!!!

  • Taki - 2009-11-02 16:54

    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 - 2009-11-02 16:55

    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 - 2009-11-02 16:56

    Communism? Really???

  • chuma - 2009-11-02 16:58

    This guy must out side his mind!

  • Marius Muller - 2009-11-02 16:59

    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 - 2009-11-02 17:00

    "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 - 2009-11-02 17:00

    Ok then dont bother pleading for foreign investment!!!

  • Jot - 2009-11-02 17:00

    I agree. All our ANC comrades have become billionares at the expense of the taxpayers. They have not earned it through hard work

  • TedHaller - 2009-11-02 17:02

    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 - 2009-11-02 17:02

    The unions can go jump of the nearest cliff. Juluis Malema can join them

  • Justin Spaey - 2009-11-02 17:04

    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 - 2009-11-02 17:04

    Another well though out, strctured and fantastic idea that will solve all of our problems! Well done NUMSA. You make SA Proud!

  • Cracker - 2009-11-02 17:04

    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 - 2009-11-02 17:05

    Would NUMSA care to publish the salaries and assets of its top echelon!

  • Hogist... - 2009-11-02 17:05

    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 - 2009-11-02 17:06

    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 - 2009-11-02 17:06

    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 - 2009-11-02 17:07

    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 - 2009-11-02 17:08

    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 - 2009-11-02 17:09

    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 - 2009-11-02 17:11

    Ehh hellooooo!!!!!!!! Eishhhhhhhh!!!!!!!!

  • Mpumi bikitsha - 2009-11-02 17:12

    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 - 2009-11-02 17:13

    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 - 2009-11-02 17:14

    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 - 2009-11-02 17:15

    He pulled a Malema! lol

  • Boerseun - 2009-11-02 17:15

    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 - 2009-11-02 17:16

    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 - 2009-11-02 17:16

    NUMSA, you are a bunch of idoits. Get a life, this 'idea' of yours shows you have no brains whatsoever.

  • Tate - 2009-11-02 17:17

    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!!!"