Jealousy behind Sexwale and Motsepe wealth nationalisation calls

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Calls to nationalise the personal wealth of BEE tycoons Tokyo Sexwale and Patrice Motsepe were based on jealousy, ANC secretary-general Gwede Mantashe said on Tuesday.

"It's talking to the resentment we have among ourselves as black people. If anybody progresses we feel very jealous and we resent their success," Mantashe told a media briefing at Luthuli House in Johannesburg.

The National Union of Metalworkers (Numsa) has called for nationalisation of the wealth of South Africa's richest man, Motsepe, and that of ANC struggle hero, Tokyo Sexwale. Both have benefited from government's black economic empowerment policies.

"We should deal with that [the jealousy] and not beat about the bush as if it's a nationalisation debate. It is not a nationalisation debate that is raised by Numsa," Mantashe said.

He described it as a "strange phenomenon", since in the recently published top 100 richest South Africans, there were only 20 blacks. Having the state take the wealth of these 20 would hamper transformation.

Mantashe condemned the public attack on the ANC's treasurer general Mathews Phosa by the Gauteng Young Communist League.

"We must emphasise that personal attacks and vilifications are the surest way of derailing and killing any debate."

The league had criticised Phosa for saying that mines in the country would not placed under the state's control.

Mantashe said such personal attacks weakened the alliance between the ANC, Cosatu and the SACP.

Attacks on individuals by the structures in the alliance would be discussed in bilateral meetings next week.

Minister in the Presidency Trevor Manuel was also personally lambasted by the Congress of SA Trade Unions after he released a Green Paper on national planning.

"We think it's a destructive way of dealing with each other, it is not helping our cause, it's actually weakening the alliance.

"We are talking of a principle here that it doesn't matter who you are talking to, once you begin to be personally attacking a person or vilifying a person... actually you are not inviting that person for a discussion or a debate, you are killing it," Mantashe said.

This also applied to people outside the ruling alliance.
 
"there were only 20 blacks. Having the state take the wealth of these 20 would hamper transformation."

Where do they get that the money must only be taken away from blacks?
 
Maybe so but he is a very good honest business man, many whites are like him due to the same reasons so why is that any different?

Because they don't have what he's got. :erm: Jealousy is the right word for this ****
 
In particular, Sexwale has become a major player in the diamond industry, with his company reportedly being the third biggest after De Beers and JFPI Corporation. He was praised by no less a figure than Harry Oppenheimer, the patriarch of the Anglo-American and De Beers corporations, as having an understanding of the South African and international diamond mining industry that few can equal.

Interesting piece i pulled off wiki. In fact if you read up on him you may find his wealth is partly due to who he knows but mostly due to being a fantastic business man.

So there are no whites that have what sexwale has? How do you draw that conclusion?
 
Besides being connected, Tokyo has a good business strategist in Marc Wilcox.

Correct. It was Wilcox who originally organised the equity deal that resulted in trans hex mining / mvela getting diamond rights that probably would not have happened had Sexwale not been as connected as he was. From there, between the two of them they pulled off a couple of major deals at bargain prices in the market

hence my right place at the right time comment
 
He described it as a "strange phenomenon", since in the recently published top 100 richest South Africans, there were only 20 blacks. Having the state take the wealth of these 20 would hamper transformation.

Why is the state not wanting to take the 80 white okes money?
 
He described it as a "strange phenomenon", since in the recently published top 100 richest South Africans, there were only 20 blacks. Having the state take the wealth of these 20 would hamper transformation.

Why is the state not wanting to take the 80 white okes money?

They want it all, just the most prominent and richest is black at the moment. Nothing to do with colour, just wealth.
 
dunno , why don't you tell us? :confused:

I'm confused as to how Tokyo vs. "white folk" even entered the debate
"white folk" arnt considered as South Africans by the ANC, therefore its only wrong to question why a black man/women is attacked because of their wealth.
 
Why the hell is this becoming a race issue!?:mad:

It has to do with wealth and the perception of who deserves it.
 
He described it as a "strange phenomenon", since in the recently published top 100 richest South Africans, there were only 20 blacks. Having the state take the wealth of these 20 would hamper transformation.

Why is the state not wanting to take the 80 white okes money?

Maybe the 20 blacks' wealth makes up 80% of the total top100's wealth.
If you take Lakshmi's ammo out (he's not south african) Matsepe makes up 33% of the top 10 on his own
 
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