South Africa: The Billionaire’s Quiet Ascent to Power

Rédaction: Africa Eye

A quiet yet potent movement is stirring within the African National Congress (ANC), as influential members discreetly advocate for billionaire businessman Patrice Motsepe to consider a presidential bid ahead of the 2027 elective conference. While Motsepe has not publicly declared any political ambitions, insiders have reportedly drafted preliminary campaign materials envisioning him as President, with Minister Senzo Mchunu as Deputy President and Eastern Cape Premier Oscar Mabuyane as Secretary General. This behind-the-scenes campaign suggests a strategic effort to position Motsepe as a unifying figure capable of rejuvenating the ANC’s image and appeal.

Motsepe’s compelling narrative—from his humble beginnings in Ga-Rankuwa to becoming South Africa’s first Black billionaire—resonates with many. His extensive business empire spans mining, finance, telecommunications, and sports, including ownership of Mamelodi Sundowns Football Club and leadership of the Confederation of African Football. Supporters argue that his proven leadership and clean public image could restore credibility to the ANC, which has faced reputational challenges in recent years. However, detractors caution that his lack of grassroots political experience and deep ties to the business elite may not align with the broader electorate’s expectations. As the ANC navigates its future, the prospect of Motsepe’s candidacy introduces a complex dynamic into South Africa’s political landscape.