{"id":9582,"date":"2013-08-23T09:59:31","date_gmt":"2013-08-23T09:59:31","guid":{"rendered":"http:\/\/praag.org\/?p=9582"},"modified":"2013-08-25T09:12:47","modified_gmt":"2013-08-25T09:12:47","slug":"ramphele-wealth-came-from-bee","status":"publish","type":"post","link":"https:\/\/praag.org\/?p=9582","title":{"rendered":"Ramphele&#8217;s wealth came from BEE"},"content":{"rendered":"<div id=\"articleBodyPrint\">\n<figure id=\"attachment_9583\" aria-describedby=\"caption-attachment-9583\" style=\"width: 274px\" class=\"wp-caption alignleft\"><a href=\"http:\/\/praag.org\/wp-content\/uploads\/2013\/08\/ramphie.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-9583\" alt=\"ramphie\" src=\"http:\/\/praag.org\/wp-content\/uploads\/2013\/08\/ramphie.jpg\" width=\"274\" height=\"184\" \/><\/a><figcaption id=\"caption-attachment-9583\" class=\"wp-caption-text\">Ramphele, BEE recipient<\/figcaption><\/figure>\n<p style=\"text-align: justify;\">Over two-thirds of Agang SA leader Mamphela Ramphele&#8217;s R55-million wealth reportedly came from BEE deals.<\/p>\n<p style=\"text-align: justify;\">Ramphele, who decried current BEE policies as &#8220;failed&#8221; on the Agang SA website, made R40-million from empowerment deals, The Star reported.<\/p>\n<p style=\"text-align: justify;\">&#8220;The way BEE has been applied has failed in its primary purpose of transforming the economy but has created high compliance costs and only enriched a tiny politically connected elite,&#8221; read an entry on the party&#8217;s\u00a0website.<\/p>\n<p style=\"text-align: justify;\">Ramphele was reportedly given shares in Medi-Clinic, Nashua Western Cape, Solar Capital, Pearsons and EduLoan, selling the Nashua and EduLoan shares since then.<\/p>\n<p style=\"text-align: justify;\">Ramphele&#8217;s spokesperson Adi Mistry-Frost confirmed that she made R40-million through BEE deals, but refuted claims that she was a hypocrite.<\/p>\n<p style=\"text-align: justify;\">&#8220;With the exception of Pearsons, the BEE deals Dr Ramphele has been involved in were part of her remuneration as a chairperson or director.&#8221;<\/p>\n<p style=\"text-align: justify;\">Ramphele declared her R55-million wealth earlier this week, challenging President Jacob Zuma to open his financial affairs to scrutiny as well.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Over two-thirds of Agang SA leader Mamphela Ramphele&#8217;s R55-million wealth reportedly came from BEE deals. Ramphele, who decried current BEE policies as &#8220;failed&#8221; on the Agang SA website, made R40-million from empowerment deals, The Star reported. &#8220;The way BEE has been applied has failed in its primary purpose of transforming the economy but has created &hellip; <a href=\"https:\/\/praag.org\/?p=9582\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Ramphele&#8217;s wealth came from BEE&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":9583,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3,4],"tags":[5455,5456,2804,5461,5457,5458,5460,5459],"class_list":["post-9582","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-south-africa","tag-agang-sa-leader-mamphela-ramphele","tag-bee-policies","tag-black-economic-empowerment","tag-eduloan","tag-medi-clinic","tag-nashua-western-cape","tag-pearsons","tag-solar-capital"],"cc_featured_image_caption":{"caption_text":false,"source_text":false,"source_url":false},"jetpack_featured_media_url":"https:\/\/praag.org\/wp-content\/uploads\/2013\/08\/ramphie.jpg","_links":{"self":[{"href":"https:\/\/praag.org\/index.php?rest_route=\/wp\/v2\/posts\/9582","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/praag.org\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/praag.org\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/praag.org\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/praag.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=9582"}],"version-history":[{"count":2,"href":"https:\/\/praag.org\/index.php?rest_route=\/wp\/v2\/posts\/9582\/revisions"}],"predecessor-version":[{"id":9610,"href":"https:\/\/praag.org\/index.php?rest_route=\/wp\/v2\/posts\/9582\/revisions\/9610"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/praag.org\/index.php?rest_route=\/wp\/v2\/media\/9583"}],"wp:attachment":[{"href":"https:\/\/praag.org\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=9582"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/praag.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=9582"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/praag.org\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=9582"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}