ON THE SPOT
Why giving away millions gives PSG founder Jannie Mouton a billion reasons to smile
Business Day asks Jannie Mouton about his R1bn donation to his foundation
There is a certain cachet to being part of a club where you are able to give away most of your fortune and still remain a billionaire. Locals Patrice Motsepe and Allan Gray have pledged mighty chunks of their money to charity, in the vein of US philanthropists Warren Buffett and Bill Gates. And PSG founder and chairman Jannie Mouton is the latest to catch this feel-good wave, with his announcement on Wednesday that he will donate R1bn from his family trust, Dana Beleggings, to his foundation. Business Day asked him why. At the moment I get a lot of requests for donations so we handle them as they come, but we want to make it something proper now and appoint somebody in a full-time capacity to run it. Are there any particular areas where you’d like to donate your money? Education is close to my heart … but there could be other charitable, great opportunities. We started Akkerdoppies as a preschool operation where both parents are working. It’s a fantastic operation and we want to ext...