Sat Apr 19 16:30:14 SAST 2014
Sat Apr 19 16:30:14 SAST 2014

Son of the soil ploughs back wealth

Nov 14, 2012 | Mpho Sibanyoni Business Reporter |   89 comments

BILLIONAIRE Patrice Motsepe might as well have been dressed in a Father Christmas suit as he dished out R10-million to rural communities and churches this week.

Patrice Motsepe

The windfall brought the total amount of money Motsepe has donated since the inception of the African Rainbow Minerals black economic empowerment trust in 2005 to R85-million.

The largest single beneficiary was the National Women Development Trust, which pocketed R1.4-million.

Trade union federation Cosatu's National Education Health and Allied Workers Union and the South African Democratic Teachers Union also smiled all the way to the bank when Motsepe gave R970,000 to each organisation.

This means they have each received R8.5-million in since the inception of the trust.

Other beneficiaries included rural development trusts from KwaZulu-Natal, Limpopo and Eastern Cape - each receiving R970,000 - while those in Mpumalanga, Northern Province, Free State and North West each got R364,000. It is not known why the provincial trusts received varying amounts.

Churches - including the Zion Christian Church, Grace Bible Church and Methodist Church - were given between R485,000 and R150,000 each. The SA Council of Churches received R1-million.

The event was attended by traditional leaders, among whom were Tsonga leader Hosi Ntswanisi, baPedi leaders Setlamorago Thobejane, Makgeru Sekhukhune, Kgabo Moloto, and Zulu King Goodwill Zwelithini, Xhosa King Zwelonke Sigcawu, Pondo leader Ndamase Ndamase and abaThembu leader Mathanzima.

It was revealed that R1.4-million of the money had been allocated as bursaries for six students studying at tertiary institutions. In Mpumalanga about R100,000 was used to buy 100 bicycles for schoolchildren who walk long distances to and from their schools.

In North West about R2.6-million has been spent to build two dams and sink boreholes, R1.2-million on computers and R223,000 on erecting a daycare centre.

In Eastern Cape R700,000 went to farming supplies and R1.5-million built two creches, while 13 classrooms were constructed at a cost of R1.5-million.

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