The Citizen Jan 09
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Mbalula Highlights Need for More Black BillionairesOnly Patrice Motsepe is recognized as a black billionaire amid calls to sustain BEE laws to reduce racial inequality.
Key FactsJan 9, 2026 · Reading time: ~45 sec.
Summary created with AI assistance · Source: citizen.co.za
Summary created with AI assistance · Source: citizen.co.za
- Fikile Mbalula states that most wealthy individuals in South Africa are white, except for mining magnate Patrice Motsepe.
- The ANC insists that broad-based black economic empowerment remains vital to addressing economic disparities between black and white citizens.
- Mbalula acknowledges US discomfort with South Africa’s transformation laws but affirms their necessity for achieving fairness.
- He notes that poverty and unemployment predominantly affect black South Africans, while white citizens rarely experience such hardships.
The biggest beneficiaries of BEE [black economic empowerment] in a democratic state [are] white people, who [are] doing business post democracy on the continent.— Fikile Mbalula, speaking at an event commemorating the life of ANC stalwart Peter Mokaba in Polokwane.
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left-wing nationalist political party in South Africa
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Jan 9, 2026 · Reading time: ~45 sec.
Summary created with AI assistance · Source: timeslive.co.za
Summary created with AI assistance · Source: timeslive.co.za
- Mbalula called for experience requirements to be eliminated immediately to allow young people to acquire skills on the job.
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- The persistent unemployment rate of 31.9% creates significant obstacles for graduates seeking to enter the workforce.
- Mbalula also emphasized age equality in hiring and warned against nepotism in municipal recruitment processes.
When you look for work at the Madibeng municipality, and they ask you for experience, tell them to come to me. Let people gain experience on the job.— Fikile Mbalula, ANC secretary-general, addressing the youth of Madibeng.
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Summary created with AI assistance · Source: timeslive.co.za
Summary created with AI assistance · Source: timeslive.co.za
- ANC secretary-general Fikile Mbalula revealed that White House officials urged the ANC to abandon black economic empowerment policies.
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They say to us, these Americans of President Trump, we must do away with BEE.— Fikile Mbalula, ANC Secretary-General, addressing pressure from White House officials to abandon black economic empowerment policies.
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Summary created with AI assistance · Source: sundaytimes.timeslive.co.za
Summary created with AI assistance · Source: sundaytimes.timeslive.co.za
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