Patrice Motsepe
Patrice Motsepe
Patrice Tlhopane Motsepeis a South African mining magnate. He is the founder and executive chairman of African Rainbow Minerals, which has interests in gold, ferrous metals, base metals, and platinum. He also sits on several company boards including being the non-executive chairman of Harmony Gold, the 12th largest gold mining company in the world, and is the deputy chairman of Sanlam. In 2012, Motsepe was named South Africa's richest man, topping the Sunday Times' annual Rich List with an estimated...
NationalitySouth African
ProfessionEntrepreneur
Date of Birth28 January 1962
CitySoweto, South Africa
The relationship between ARMgold and Harmony continues to develop and grow.
Abe Krok was a man of integrity who made a unique contribution to Mamelodi Sundowns and to South African football.
Only in South Africa could you have a change in government without civil war. If there wasn't the depth of love and caring among our people, this would not have happened.
If we continue doing the right things in Africa, we can create a very exciting and competitive global market here.
South Africans are caring, compassionate and loving people.
My comrades would call me a 'black capitalist.'
Youth all over the world are very hungry to succeed.
Education is at the heart of achieving your dreams.
I've heard people say South Africans are arrogant, that they act no differently from their colonial masters. That needs to change. It's in your business interest as an entrepreneur to form meaningful partnerships. That's how you do well for your shareholders.
I'm a sinner. I fumble. People must see me as one of them. The things that worry them, must worry me
The export of oil, the export of minerals, will for many decades continue to be a critical part for the growth of African economies. The emphasis is on diversification. We have for many years - not just in South Africa but in many parts of the continent - spoken about beneficiation. And I think part of the secret, in relation to beneficiation, is you have got to make it attractive, profitable for the private sector - and it will take off. You may have to look at mechanisms like tax concessions... You will not have to worry about beneficiation if it makes commercial sense.
One has to set high standards... I can never be happy with mediocre performance.
You could be worth $2 billion today and a half a billion tomorrow. It doesn't take much for this to disappear overnight.
The system of creating opportunities for those who were by law excluded, you've got to do that. But you mustn't create a perception that the process is devoid of competitiveness... devoid of building a world class, sustainable black business community.