PEOPLE MAKING A DIFFERENCE

 

National Youth Development Agency (NYDA) Executive Chairperson Andile Lungisa yesterday launched a tomato growing and processing project run by two emerging young black farmers; Phetheho Motanyane and Themba Mazwai owners of BNT Resources. The launch took place in Kruger’s Post farm, Cookhouse, in the Eastern Cape where the project is running. The project began after the NYDA helped facilitate interactions between the two entrepreneurs and the Department of Rural Development and Land Reform three years ago resulting in the department purchasing the farm from its initial owner at a cost of R17.5 million, subsequently leasing it to the two emerging farmers for a period of 10 years

 

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South African billionaire Patrice Motsepe announced Monday he would give half his family's fortune to charity, matching a pledge made by Bill Gates and Warren Buffett.

"This is to be used during his lifetime and beyond... to improve the lifestyles, and living conditions, of poor, disabled, unemployed, women, youth, workers and marginalised South Africans," his wife Precious Motsepe said.
 

The mining tycoon becomes the first African to join the Giving Pledge, which challenges the world's wealthiest to give 50 per cent or more of their fortune to charity.

Since Microsoft mogul Gates and investment guru Buffett launched the Pledge in 2010, more than 70 billionaires have joined.
 

Motsepe owns mining company African Rainbow Minerals and is Africa's eighth richest person with a fortune of $2.65 billion, according to Forbes magazine.

He is ranked as the richest black person in South Africa.

His announcement, two days after his 51st birthday, makes him part of an illustrious club that includes Facebook founder Mark Zuckerberg, Netflix chief executive Reed Hastings, and Intel co-founder Gordon Moore.