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Who is the richest man in Limpopo?

 

 

 If that's an odd question, it's one that many, many people are dying to know. Not a day goes by that several people don't ask this question and get forwarded to CapeInfo... who didn't have an answer. 

 

 So we thought we should at least try to find out. 

 

 Media24 reports that Limpopo's PM Cassel Mathale could be South Africa's richest PM with more than 20 senior positions, a 1,1,700-hectare farm and a spa. And your job! 

 

 Mathale told City Press that he started registering companies in 1997 and has business interests in the real estate market. “Our company is very big, it's growing and we want it to become the largest real estate company in South Africa. I can do business with the government because I have the right to do so," he said. 

 

 In April last year, Mathale declared five properties: a farm and spa in Letsitele; two houses in Polokwane and one house in Nkowankowa. It also declared an interest in 16 companies. 

 

 Rich politicians are not new to Limpopo or the old Transvaal of which it was a part. Former Minister of Agriculture and Transport (at various times), the late Hendrik Schoeman was considered one of the largest and most successful farmers in South Africa and was based near Groblersdal and Marble Hall in Limpopo. Maybe his son inherited the title... or maybe he's one of the wealthy farmers in the Tzaneen area. 

 

 The Limpopo mines are mostly owned by the Anglos and Riotintos of the world, but there are some new and some not so new. One of them is Tim Tebeila, CEO of Sekoko Resources. His group entered the mainstream economy when it emerged as the majority shareholder in coal mining company Firestone Energy SA, an extension of Australian coal mining giant Firestone Energy. 

 

 

 

 And then of course there's Julius Malema... maybe that's why this question is so popular. It has certainly gone from rags to riches in a few years, and if the reports are correct, it plays an extraordinarily important role. when awarding and participating in contracts. 

 

 If you have the answer and know who the richest man (or woman) is, please let us know so we can share it with everyone.


Source: https://capeinfo.com/blogs/potjiekos/2011/09/06/who-is-the-richest-man-in-limpopo/#:~:text=Media24%20reports%20that%20Limpopo%20premier,interests%20in%20the%20property%20market.

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Cassel Mathale Limpopo Media24

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