Nationalisation at its best. Alutta continua Bafokeng tribe. Instead for fighting for wealth money generated from dividends in the platinum mines is ploughed back into the community. Tnx Kgosi Leruo Molotlegi for leading the nation Report Abuse
GrRRRpha - The majority of income is from shares invested in the plat company. Report Abuse
Oct 18, 2012
RobinH
Although there are quite a few questions that can be raised, I believe that this "royal family" is heading in the right direction. Sure, there is almost certainly a degree of nepotism and top-heavy profit-taking, but there is absolutely no doubt that they have done a great deal to uplift their people.
Sin, I agree it is a private company, but it is one with a more acceptable ethic than most mining houses I have read about. Report Abuse
Lets compare the Bafokeng royals to Goodwill. Goodwill chows hundreds of millions of rands every year. While the Bafokeng peeps are INVESTING the money. From the dividends alone, they are earning millions, and plowing that money back into the community. Goodwill is plowing that money all on himself.
I wish we can read more and more about such building knews on the newpapers, TV, radios our country will be a better place to live on. This is the kind leaders we need in our society. When tenderpreneurs clainming to be Economic Freedom Fighters, i wish they can first learn from The Bafokeng Royal what it is means to plouw back and build a better life for all before we can call for nationalisation of mines, banks etc. Or maybe we need to task the Bafokeng Royals to lead nationalisation of mines. I hope Moswatsi, Zwelithini and the others are learning one or two things from this Tswana Clan. Report Abuse
been to Phokeng and I can honestly say its better than what goodwill is doing to his people. goodwaill even has the guts to demand more money from you and me like we are his slaves
If you feel a comment on the site does not meet our general comments guidelines (see below), you can report the comment.
Comments guidelines:
Comments should be relevant to the article or the thread of conversation
Comments should not make personal attacks
Comments should not use vulgar, discriminatory, obscene or abusive language
Once reported, we will review the complaint you have made and the reason for it.
We will then take any action we believe appropriate and is within our rights. Please refer to the Terms and Conditions which are agreed to when registering on Sowetan LIVE.
Comments
GrRRRpha
Nationalisation at its best. Alutta continua Bafokeng tribe. Instead for fighting for wealth money generated from dividends in the platinum mines is ploughed back into the community. Tnx Kgosi Leruo Molotlegi for leading the nationReport Abuse
MommaC
Very contradictory articleReport Abuse
!!!!Sinudeity!!!!
GrRRRpha - Royal Bafokeng Plat is a private company:http://www.bafokengplatinum.co.za/a/a_i.php
Report Abuse
!!!!Sinudeity!!!!
GrRRRpha - The majority of income is from shares invested in the plat company.Report Abuse
RobinH
Although there are quite a few questions that can be raised, I believe that this "royal family" is heading in the right direction. Sure, there is almost certainly a degree of nepotism and top-heavy profit-taking, but there is absolutely no doubt that they have done a great deal to uplift their people.Sin, I agree it is a private company, but it is one with a more acceptable ethic than most mining houses I have read about.
Report Abuse
!!!!Sinudeity!!!!
RobinH - True that.Report Abuse
!!!!Sinudeity!!!!
Lets compare the Bafokeng royals to Goodwill. Goodwill chows hundreds of millions of rands every year. While the Bafokeng peeps are INVESTING the money. From the dividends alone, they are earning millions, and plowing that money back into the community. Goodwill is plowing that money all on himself.Bigups to the Bafokeng royals.
Report Abuse
RobinH
Sin: I agree 100%.Report Abuse
ThubaDithakga
I wish we can read more and more about such building knews on the newpapers, TV, radios our country will be a better place to live on. This is the kind leaders we need in our society. When tenderpreneurs clainming to be Economic Freedom Fighters, i wish they can first learn from The Bafokeng Royal what it is means to plouw back and build a better life for all before we can call for nationalisation of mines, banks etc. Or maybe we need to task the Bafokeng Royals to lead nationalisation of mines. I hope Moswatsi, Zwelithini and the others are learning one or two things from this Tswana Clan.Report Abuse
Lehido
Big upsReport Abuse
CheeseBoy
been to Phokeng and I can honestly say its better than what goodwill is doing to his people. goodwaill even has the guts to demand more money from you and me like we are his slavesidiot.
Report Abuse
Read all 11 comments