ANC stalwart Derek Hanekom dragged for telling billionaire Elon Musk to invest in SA

Picture: @_techbrainiac, Twitter

ANC stalwart Derek Hanekom caused a stir on Twitter this week after posting a tweet suggesting that billionaire Elon Musk should invest some of his wealth into the country of his birth, South Africa.

Musk, a South African citizen who lives abroad, became the world’s second richest person this week, according to Bloomberg. He is a business magnate, industrial designer and engineer, the founder of SpaceX, CEO of Tesla and co-founder of Neuralink among various other prominent roles.

After reading about Musk’s success, Hanekom, a former Minister of Tourism and chairperson of the Ahmed Kathrada Foundation, posted on Twitter: “Of course we celebrate his success. Now wouldn’t it be wonderful if he ploughs back some of that wealth into the land of his birth!”

The post sparked a massive response, including one from DA shadow minister Cameron MacKenzie, who replied: “‘The land of his birth.’ Because of that, he is obligated to invest ‘at home’. Trouble is @Derek_Hanekom, we’ve got your party, CR, & crowds of demagogues telling ‘whites’ they’re settlers, land thieves, must go back to Europe, etc. And you are silent. You can’t have it both ways.”

Many of the other responses similarly questioned why Musk would want to invest in South Africa, where corruption is rife with others suggesting that corrupt officials would surely loot any funds made available to SA.

Musk, surpassing Bill Gates, has a net worth of 110,5 billion US dollars – roughly R1.9 trillion.