Patrice Motsepe is a South African mining magnate. He is the richest black South African with a networth of R35.3 Billion.
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 2003, he became the owner of football club Mamelodi Sundowns.
He is South Africa’s first black billionaire.
He earned a bachelor of the arts from the University of Swaziland, and a law degree from the University of the Witwatersrand.
Patrice Motsepe on Friday said his mine would not shy away from the fact that it was responsible for each of the mine workers under its employ‚ including the five who died underground last week.
He was speaking at the mine’s Carltonville premises after the retrieval of the last two bodies on Thursday. The group had been trapped underground following a seismic fall last Friday.
“Workers should not come to the mines to lose their lives. That is unacceptable. We have to take full responsibility in the sense that they come to us and we are accountable for them‚” Motsepe said.
He vowed that they would work with inspectors to uncover the cause of the accident and whether anything could have been done to prevent it.
“We will do everything to work with the investigators. We have a never ending responsibility to never stop trying to create the safest environment for workers‚” he said. “Whatever will come out of that hearing‚ we will never change the responsibility we have. It’s our responsibility‚” Motsepe added.
Motsepe suggested a change in the way families were compensated for losing their breadwinners.
“We should not‚ just as is the culture‚ replace or provide a job to the family because a worker has lost his life. We should do much‚ much more and the suggestion from me is that we should educate the youngest (child of the deceased mineworker) at the time up to tertiary level‚” Motsepe said.