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South Africa needs more black billionaires, ANC's Fikile Mbalula says

Fikile Mbalula says South Africa’s push for economic redress has to deliver more than boardroom deals, and he wants to see more Black billionaires as proof it is working.The African National Congress secretary general made the remarks at a Peter Mokaba remembrance gathering in Polokwane this week, stepping into a renewed argument over Broad Based Black Economic Empowerment, the policy framework meant to widen participation in an economy long dom…
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Billionaires.Africa broke the news in on Saturday, January 10, 2026.
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