Economics
Mandela South Africa Dream Ceded to Tycoons as Shacks Abound
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Prudence Moime looks up from stirring a pot of corn meal in front of her two-room shanty in northeastern South Africa and gazes across the surrounding rocky hillside. Just beyond her view lie some of the world’s best platinum deposits.
She says she waits in vain for some of the money promised to her village by African Rainbow Minerals Ltd., part-owned by Patrice Motsepe, the richest black South African and a beneficiary of the country’s policy to spread the wealth to blacks after the end of apartheid.