Motsepe donates $1 million to fight ebola

28 October 2014 - 15:07 By Times LIVE
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MONEY TALKS: Mining magnate Patrice Motsepe greets Mbali Munano at the Tshwane University of Technology on a leg of the Motsepe Foundation's road show in September 2013. The foundation wants to give about R200-million to the poor by June 20, 2013. Picture: LAUREN MULLIGAN
MONEY TALKS: Mining magnate Patrice Motsepe greets Mbali Munano at the Tshwane University of Technology on a leg of the Motsepe Foundation's road show in September 2013. The foundation wants to give about R200-million to the poor by June 20, 2013. Picture: LAUREN MULLIGAN

The donation - equal to almost R11 million - will assist Guinea with clinical management, social mobilisation, medical coordination and other key mechanisms of controlling the disease.

Patrice Motsepe, executive chairman of African Rainbow Minerals (ARM), announced the donation in a statement today.

His office said the donation was on behalf of the Motsepe Foundation and ARM to the Ebola Fund in the Republic of Guinea to assist in the fight against Ebola in West Africa.

"The Motsepe Foundation will continue to contribute and assist in the fight against Ebola in West Africa and will work together with various stakeholders and other interested parties," the statement said.

Motsepe called on the African and international business community and the medical fraternity to continue contributing and assisting to fight the disease, which has claimed thousands of lives in the latest outbreak.

"According to the World Health Organisation, Ebola is an epidemic in certain countries in West Africa. However the impact of the disease has potentially far-reaching consequences for West Africa, Africa and the world. It is a global issue which requires the global community to work together and bring an end to the disease," Motsepe said.

  • The mining magnate and his family became one the first signatories outside the US to join Warren Buffett's and Bill Gates's Giving Pledge campaign. It encourages billionaires to give most of their wealth to philanthropic causes.

The Motsepes have promised to give away half of the money generated by their assets.

  • Nine out of 10 of South Africa's high-net-worth individuals gave away some of their money, time or goods in 2012, according to a previous report in The Times.

"Our rich compatriots donated R8-billion in cash alone" in that year, said Noxolo Hlongwane, philanthropy specialist at Nedbank Private Wealth. "That is on top of the R5.1-billion in goods and services and the 7.9million hours of their time they gave up."

"The 200 largest companies spent R6.9-billion on corporate social investment," Hlongwane said.

The report looked at individuals who earn more than R1.5-million a year or have R5-million worth of investible assets. There are about 300,000 of these, Nedbank said.

Some of the top donors include the Oppenheimer family, Bertie Lubner, Allan Gray, Christo Wiese, Ben Rabinowitz, Francois van Niekerk and the Rupert family, according to Shelagh Gastrow, an executive director of Inyathelo: the South African Institute for Advancement..

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