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South African mining magnate and Confederation of African Football president Patrice Motsepe has dismissed speculation that he could run for the country’s presidency, saying South Africa does not need him in politics.
The 64-year-old billionaire, who has been repeatedly mentioned in local media as a potential successor to his brother-in-law President Cyril Ramaphosa, made the remarks on Wednesday in Johannesburg.
“South Africa does not need me to go into politics. There are many very capable and good leaders in this country,” Motsepe told reporters.
Motsepe also ruled out a bid to succeed Gianni Infantino as FIFA president, saying he remained focused on his role at the helm of CAF.
“I have no desire or ambition to be president of FIFA. That doesn’t excite me,” he said. Motsepe’s current CAF term runs until 2029.
South Africa’s succession debate has intensified within the governing African National Congress (ANC) as Ramaphosa navigates a turbulent second term after the party’s worst electoral performance forced it into an uneasy coalition government.
The president has also faced renewed pressure over a cash-heist scandal, in which $4 million was stolen from his private game farm.
The ANC blocked impeachment proceedings against Ramaphosa over the scandal in 2022, but the Constitutional Court revived the process in May.
Motsepe brushed aside suggestions that he could be drawn into the contest to succeed Ramaphosa.
“The only problem I have is I’m not part of any group,” he said.
“That’s why even some of my friends say things which are not flattering, because somebody said to them that somebody might persuade me to change my view.”
In December, Motsepe attended the ANC’s national general council meeting, where some delegates wore T-shirts emblazoned with the slogan “PM27” — a reference to a possible presidential bid in 2027. A lobbying website bearing the same name has also been launched.
He founded and owns mining company African Rainbow Minerals and is Africa’s eighth richest person, with a personal wealth estimated at $3.5 billion, according to Forbes magazine.
In 2012, Motsepe made the Forbes billionaire list, making him the first black South African to reach the mark.
He also owns CAF Champions League winners Mamelodi Sundowns.
