Latest
 
  • All Share : 49125.0829
    UP 1.58%
    Top40 - (Tradeable) : 43624.9815
    UP 1.80%
    Financial 15 : 16231.0728
    UP 1.12%
    Industrial 25 : 63045.642
    UP 1.00%
    Resource 10 : 34850.887
    UP 5.96%

  • ZAR/USD : 13.1214
    DOWN -0.14%
    ZAR/GBP : 20.2427
    UP 0.21%
    ZAR/EUR : 14.7817
    UP 0.10%
    ZAR/JPY : 0.108
    UP 0.09%
    ZAR/AUD : 9.4162
    UP 0.09%

  • Gold US$/oz : 1125.83
    UNCHANGED0.00%
    Platinum US$/oz : 1003.45
    UNCHANGED0.00%
    Silver US$/oz : 14.54
    UNCHANGED0.00%
    Palladium US$/oz : 566
    UNCHANGED0.00%
    Brent Crude : 47.47
    UNCHANGED0.00%

  • All data is delayed by 15 min. Data supplied by Profile Data
    Hover cursor over this ticker to pause.

Fri Aug 28 07:11:21 SAST 2015

Patrice benefited from racist economic policy: iLIVE

Cliff Saunders, Northcliff | 04 February, 2013 00:25
Patrice Motsepe after pledging some of his wealth towards philanthropy
Image by: Picture: JAMES OATWAY

Fifty years of being a journalist have made me very cynical at times because of the basic tendencies in human nature that cater primarily for the promotion of self-interest.

Patrice Motsepe "doling out billions" leaves me cold. He is a fatcat who beat others at boarding the gravy train occupied by beneficiaries of the racist policies of BEE .

He decided: "Fortune I have. I need more fame coupled with ego-boosting popularity."

What better way to achieve these goals than a high-profile announcement that he's become a philanthropist to improve the "lifestyles" of the disadvantaged? How noble.

If racist economic policies were wrong during the apartheid era, they can't be acceptable now.

SHARE YOUR OPINION

If you have an opinion you would like to share on this article, please send us an e-mail to the Times LIVE iLIVE team. In the mean time, click here to view the Times LIVE iLIVE section.