Wayne Lumbasi
South African Billionaire, Patrice Motsepe has donated R30 million ($2.045M) to flood relief efforts in KwaZulu-Natal through his Foundation. This is one of a couple of pledges and donations that have come in to assist those affected by the devastating floods.
The province was battered by heavy rains last week. The damage caused by the floods is estimated to be over R750 million ($6.432M). The death count from floods that have battered South Africa hit above 440 on Sunday as abating rains allowed rescue operations to accelerate after one of the deadliest storms in living memory.
The floods have left thousands homeless, knocked out power and water services and disrupted operations at one of Africa’s busiest port, Durban. The Motsepe Foundation was founded in 1999. It was formed to achieve the targets set by the Global Goals by investing in programmes that promote education, social justice, gender equality, and economic participation.
The Foundation was founded on the philosophy of ‘ubuntu’. The wisdom of Ubuntu teaches the philosophy of interconnectedness — that our success and wellbeing is intricately intertwined with the success and wellbeing of others. This spirit of Ubuntu, which respects everyone’s humanity and inspires the act of giving, is the guiding principle of the Motsepe Foundation.
It is also the reason behind the Motsepe family’s pledge to give away their wealth through philanthropic endeavors that support Global Goals.
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