Brian Sokutu
Senior Print Journalist
6 minute read
27 Oct 2021
6:15 am

Royal Bafokeng, the rich tribe of paupers

Brian Sokutu

The wealth of platinum-rich land doesn’t trickle down to masses.

Photo for illustration: iStock

They may be perceived as Africa’s richest tribe, but poverty-stricken members of the royal Bafokeng nation, find it hard to see the wealth from their platinum-loaded land, trickling down to the masses – claiming to be side-lined by their king and those close to him in key decision-making. With a net asset value of about R39 billion, gained from royalties paid by several mining companies operating in their land and from mining joint ventures with global platinum giants, most members of the Bafokeng nation have remained destitute. This, despite the Royal Bafokeng Holdings (RBH) owning companies, which include the Royal...