Deal-a-Minute Mandela Aide's Fast Track to Riches ; Now I'm a Freedom Fighter for the Economy Says the Former Rebel Who has Made a Fortune in Gold, Diamonds and Platinum
Mail on Sunday › August 01, 2005
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Summary
Once a political prisoner with Nelson Mandela and trained by the Soviet army as an ANC freedom fighter, the charismatic Tokyo Sexwale is the epitome of the new black business empowerment policy.
In only seven years, Sexwale, 52, has built up an empire with assets of 1.5 billion rand (Pounds 129 million) in gold, platinum and diamonds. His company, Mvelephanda Holdings, has bought strategic minority stakes with little outlay.See the full content of this document
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Deal-a-Minute Mandela Aide's Fast Track to Riches ; Now I'm a Freedom Fighter for the Economy Says the Former Rebel Who has Made a Fortune in Gold, Diamonds and Platinum
These assets have been acquired at favourable commercial rates, but there were no government handouts.
Mark Willcox, chief executive of Mvelephanda, says: 'I cannot deny that we had a competitive advantage through the black emp...See the full content of this document
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