The Founder and Executive Chairman of African Rainbow Minerals (ARM), Patrice Motsepe today announced that the Motsepe Family, “will contribute at least half of the funds generated by our family assets to the Motsepe Foundation” to be used during his lifetime and beyond and that of his
wife, Precious Motsepe, to improve the lifestyles and living conditions of poor, disabled, unemployed, women, youth, workers and marginalised South Africans.
The Giving Pledge is an effort to encourage the wealthiest people in the United States to make a commitment to give most of their wealth to philanthropic causes.The campaign specifically focuses on billionaires and was made public in 2012 by Warren Buffet and Bill Gates. Patrice Motsepe if the first African to take the pledge
“South Africans are caring, compassionate and loving people. It has always been part of our culture and tradition to assist and care for less fortunate2 and marginalised members of our communities. This culture
is also embodied in the spirit and tradition of Ubuntu/Botho.
THe Womens desk of the the foundation - WELL - could not be more proud and optimistic at the road that lies ahead for South Africa and the continent at large.
Let us be encouraged by Ubuntu/Botho.