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Jews make up 26,4 per cent of SA’s wealthiest

No fewer than 47 of the wealthiest 250 South Africans, measured by the value of listed shares they hold, are Jewish. This is according to the Sunday Times’ annual “Rich List” which was published on December 11. Jews represent at least 26,4 per cent of those on the list, up from 21 per cent in 2015. Three of the top 25 income-earners working at listed companies are also Jewish. Read the full story…

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ANT KATZ
Although the Rich List does not include everyone who could be on this list or the full extent of their wealth, this is still a most sizeable representation given that SA Jewry represents just 0,014 per cent of the total South African population.

Also, many of South Africa’s wealthiest Jews control privately owned companies or earn income from overseas holdings; or are privately invested in property.

Historically, old-established Jewish family wealth, such as that of the likes of the Samsons, Lubners, Kaplans, and others, are not reflected in the Rich List survey, because they are privately held and the Rich List records the wealth as the value of shares held in listed entities on the Johannesburg Stock Exchange.

Donald Gordon, founder of Liberty Life and his daughter Wendy Appelbaum 
are not on the list, although his sons Graeme and Richard appear. Last year, respected US financial publication, Forbes, called Wendy the “wealthiest woman and biggest female philanthropist in Africa”.

9a-Brian JoffeThe Jews on the Rich List are largely self-made, not simply languishing in hereditary wealth.


RIGHT: In 2015, Bidvest’s Brian Joffe was ranked as the highest-earning member of the Jewish community (listed company) – at number 26 for having earned R13,77 million. He has since retired as CEO of Bidvest but appears on the 2016 Wealth Rich List at number 61, with his 24,25 per cent holding of enX Group (listed 2014) being valued at R796 million.



One of the reasons for the rapid rise in the percentage of Jewish entrepreneurs on the 2016 Rich List is the fact that several of the privately-held businesses have listed over the past two years.

In August, for example, Dis-Chem’s JSE listing saw founders Ivan and Lynette Saltzman’s company’s stock rise to such a high price that the company has brought five Jews and two non-Jewish executives into the 2016 Rich List.  Saltzman himself entered the list as the second-highest-ranked Jew and at number 12 overall – with his 53 per cent of Dis-Chem valued at close to R10 billion.

Dischemlisting


LEFT: Ivan and Lynette Saltzman were probably the first people to take a ram’s horn into the august Johannesburg Stock Exchange, and certainly the first to blow it!


The wealthiest Jewish entrepreneur on the list this year – Ivan Glasenberg of Glencore – came in at number two overall with listed assets of R60 billion.

At number one was Christo Wiese. Glasenberg held the second place in 2015 as well, but with a net worth of his 8,3 per cent of Glencore at R25 billion. In 2014, however, it had been worth R61,4 billion. This is a clear indicator of the volatility of resources on world markets over recent times.

Adrian Gore, the founder and CEO of Discovery, dropped from 12th place in 2015 to 15th place this year. His shares, which were worth R2,1 billion in 2011, climbed to a whopping R7,2 billion in 2015 – and dropped to R5,5 billion this year.

For the full details of who, what, where and when: see the 2016 Rich List on the Sunday Times.


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‘Wake up!’ say doctors, as third wave ramps up

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Communal experts this week issued a stern warning to “catch a wake up” as the community has been hard hit by death, severe illness, and an unprecedented number of infections which continue to rise daily during the third wave of the COVID-19 pandemic.

“This is extremely severe,” warned Dr Richard Friedland, the chief executive of Netcare Group. “In Gauteng, we are in the eye of the storm, with things set to get a lot worse than they are.

“We should all be doing what we can to prevent a single death, to prevent people from having to be admitted to hospital,” he said.

The death rate has risen at hospitals, and hospital stays are about 20% longer, exacerbating the shortage of beds, especially in Gauteng, which is leading the uptick in infections.

“As I walk through our COVID-19 units, I see people struggling to breathe, fighting to survive this shocking pandemic. Every day, we are reminded of the pain, the suffering, and the enormous loss that it brings,” Friedland said.

Issuing a plea to the community to be hyper vigilant, he said, “I want to be abundantly clear that there can be no place for a lackadaisical approach.”

Several doctors this week told the SA Jewish Report that the situation was dire, with one doctor describing it as a “battlefield”.

“Patients, some quite young with no comorbidities, are really sick, with the vast majority on one form of ventilation or another,” said Dr Carron Zinman of Netcare Linksfield Hospital.

“Some severely ill patients are being temporarily managed in casualty because there are simply no intensive-care beds available at other hospitals,” she said.

“We are seeing a fairly young cohort, some with no underlying conditions, who are becoming seriously ill. The variants are more virulent and transmissible. We have had quite a lot of patients who have had COVID-19 before or who have received the vaccine, and got it.”

“We treat more aggressively, but there’s still no magic drug. We’re doing everything we can to turn the inflammatory response around. It takes some longer than others,” she said.

“Sadly, some people over 60 believe that once they have had the virus or the vaccine, they are safe. They aren’t. A lot of families including couples and their children are being infected,” she said.

At the time of going to print, Hatzolah had 501 active patients with 64 patients requiring oxygen at home. At least 11.7% of the active cases include children and young adults under the age of 20.

“There are a higher number of younger people including children than in the previous waves,” said Dr Anton Meyberg of Netcare Linksfield Hospital.

Sadly, the majority of patients are still the elderly over 60, but doctors have noticed a rise in the number of patients between the ages of 40 to 60, many requiring hospital admission.

There appears to be a disproportionately higher number of cases within the community, with doctors putting this down to complacency and carelessness about observing protocols.

“There is more testing, but people aren’t following the rules,” said Meyberg, “People who have been vaccinated are becoming lax, and there is a large asymptomatic spread of the virus.”

The country technically entered its third wave on Thursday, 10 June. According to the Ministerial Advisory Committee on COVID-19, a new wave starts when the seven-day moving average of new infections surpasses 30% of the previous wave.

More than 70% of the new cases are now in Gauteng and the Western Cape, where there is evidence of a resurgence after a period of recovery, and there are daily increases in the Eastern Cape and KwaZulu-Natal.

According to experts, the next two weeks will be particularly severe in Gauteng as the numbers steadily increase. Cape Town is a few weeks behind, they say.

Private-sector hospital admissions have increased four-fold since April. More than 500 patients are being admitted a day in the private sector in Gauteng, which is putting enormous strain on emergency departments fighting to open as many beds as possible to make space.

According to Hatzolah Chairperson Lance Abramson, there were 263 active cases at the peak of the first wave, 333 cases at the peak of the second wave, and now there are more than 500 active cases “with no peak in sight yet”.

“There are a staggering number of active cases in the Johannesburg Jewish community,” he said.

“Ambulances are transporting multiple COVID-19-positive patients to hospitals daily, where it is sometimes difficult to find a hospital bed. Patients are sometimes having to wait in ambulances in the parking lots of hospitals. This is very challenging for teams on the ground,” he said.

The organisation is also looking after 64 patients on home oxygen where they are closely monitored, Abramson said.

The organisation’s nurses are seeing between 80 to 100 patients a day.

Interestingly, Hatzolah has had 238 patients on the programme who have had a vaccine. Of those, 171 had received the first Pfizer vaccine, and 83 had received the Johnson & Johnson vaccine, two the AstraZeneca, and one Moderna. Thirty eight patients have been fully vaccinated and of those, only one required hospitalisation and has since recovered, he said.

According to Dr Ryan Noach, the chief executive of Discovery Health, globally, vaccinations have materially slowed the progression of new cases and deaths. There are early signs of reduced COVID-19 infection rates among the vaccinated pollution in South Africa post 15 days after vaccination.

“There are signs that the first dose is working, with early data showing that there are less admissions post vaccination and fewer deaths,” he said.

Worryingly, he said, “The data points to the potential for a very severe third wave, and we’re seeing the beginning of it only now.”

He said more than 50% of adults 70 years and older require admission to hospital.

“Hospital admissions in wave three have reached the level of admissions at the peak in wave one. There are currently 2 012 Discovery members admitted to hospital, of which 526 are in intensive-care, and 275 require ventilation.

“A large number of people are showing evidence of reinfections. Discovery members who contracted COVID-19 in the first wave have again contracted COVID-19 in the second wave. Three members have now tested positive three times,” Noach said.

On 13 June, President Cyril Ramaphosa confirmed that two million Johnson & Johnson (J&J) doses would have to be destroyed because the United States regulator, the Food and Drug Administration, found that the main ingredient with which they were made wasn’t safe for consumption.

As a result, South Africa has no J&J doses to administer at present, setting the country back in its vaccine roll-out in the midst of a third wave. The good news is that, according to the Bhekisisa Centre for Health Journalism, J&J will replace all the doses within the next two weeks, with 300 000 due to land within a few days and another million to be released by Aspen’s Eastern Cape plant next week.

In the meantime, doctors have appealed to people to be hyper vigilant and maintain all non-pharmaceutical measures.

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Archbishop’s anti-Israel stance “endangering Anglican Church”

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They have had a longstanding friendship and worked closely together, but when Chief Rabbi Dr Warren Goldstein saw Anglican Church Archbishop Dr Thabo Makgoba describe the situation in the Middle East as “evil” and place all the blame on Israel, he refused to stay silent.

In a hard-hitting open letter in the Sunday edition of City Press (6 June 2021), Goldstein told the archbishop that he was “making a terrible mistake that endangers your own church”. He explained that by supporting Hamas, “you are not only perpetuating the suffering of Palestinians and working against peace in this painful conflict, you are on the wrong side of history and in neglect of your most basic moral duty to protect the Anglican Church of Southern Africa, which is your parish.

“For while you castigate Israel for defending itself against violent extremists, know that the very same violent religious ideology drives extremists right here on our borders, and their intended victims are your Christian congregations.”

This isn’t the first time the chief rabbi has commented on the Anglican Church of Southern Africa’s (ACSA) sharp turn away from Israel. In 2019, he condemned its resolution to support “well-directed Boycott, Divestment, Sanction actions” against the Jewish state.

The letter to which the chief rabbi was referring was written by the archbishop to his constituents on 1 June 2021, titled “A pastoral letter on the tragic situation in Palestine and Israel”. Makgoba compared Israel’s policies to apartheid, and wrote among other points, “The current state of affairs is unjust and evil. We therefore call for an arms embargo to be placed on all fighting forces in the region, just as there was a United Nations arms embargo on South Africa. We also call for other pressure, including sanctions, to be imposed to bring all the parties around a conference table to negotiate a just peace. The current imbalance of power means that the Palestinians are suffering disproportionately.”

But the chief rabbi methodically explained why the accusation of apartheid was “a defamation of the Jewish state, disrespectful to the victims of apartheid, and a dangerous lie, which brings to mind the Christian blood libels against Jews in medieval Europe”. He explained how attempts to establish a Palestinian state have repeatedly been turned down by Palestinian leadership, and emphasised the genocidal essence of Hamas’s ideology.

“Over the past year alone, about 4 000 Christians in Africa have been killed by Islamist extremists – Islamists who share Hamas’s ideology. More than 4 000 churches have been burnt to the ground. Archbishop, these people were murdered because they are Christian. Where is your voice in defence of your own parishioners? Not only are you silent on this issue, you publicly support the allies of the perpetrators of these horrors,” Goldstein wrote.

The chief rabbi told the SA Jewish Report he felt it was urgent to speak out because “the militant extremism of Hamas is the real obstacle to peace in the Middle East, and it’s a threat to people around the world, including Christians, Jews, and moderate Muslims. Hamas wants the genocide of all Jews, just as other extremist groups want the conversion and murder of all Christians. This is a struggle for human dignity, decency, and moderation. Religious leaders have a crucial role to play in this fight for freedom.”

He says it’s even more urgent now because “violent extremists are wreaking havoc in Africa and globally. This includes those on our doorstep in Mozambique. I wanted to appeal to him, to other Christian and Muslim leaders to stand together in unity against the violent extremism that is encroaching, which is a threat to us all.

“It’s important to speak the truth and say it as I see it,” Goldstein says. “To accuse Israel of being ‘evil’ demands a response. Silence is acquiescence. How can we be silent in the face of these accusations, when we know they are false? It’s about speaking up in the name of truth and justice. It’s not about personalities or emotions. It’s the moral responsibility of any human being, especially a religious leader.”

Goldstein doesn’t think this debate will have an impact on his relationship with the archbishop.

“We have been friends and colleagues for many years. He was appointed the head of the Anglican Church in South Africa a year or so before I became chief rabbi. We had a lot in common, both being relatively young appointees at the time. We’ve worked together, marched together against state capture and corruption, and interacted on many forums. South Africa is blessed to have a very strong culture of interfaith co-operation. We meet and discuss, and I don’t see this as a breach of that. I see this as having a public debate. It was the same with my letter to the president [Cyril Ramaphosa], much of this has been discussed in private meetings, but I’m putting it out there because we are debating for the good of the country.”

It’s the same reason Goldstein called on the Muslim Judicial Council and Jamiatul Ulama South Africa “to join me in imploring our communities to be tolerant of each other’s vastly differing political and religious views regarding the Israeli-Palestinian conflict”. This call, made at the end of May, was rejected by those organisations.

“We can have a different view, and we can all agree to disagree, but religious leaders need to show respect, peace, and tolerance,” Goldstein said. “If religious leaders don’t stand together, then these negative forces will divide us.”

The chief rabbi feels that by condemning Israel, “the archbishop is hurting the very people he is trying to help. Israel is a bastion of freedom and dignity in the Middle East for Christians, Muslims, and Jews to worship in freedom. By supporting Hamas, the archbishop is leaving the Palestinian people to suffer under the jackboot of violence and dictatorship. Hamas doesn’t believe in negotiation, so by supporting extremism, he is pushing the option of peace further away.”

Goldstein hopes that his letter “will provoke real debate within the Anglican Church. I have heard from Anglican rank and file members that they aren’t aligned with the views of the archbishop. In addition, millions of Christians who support Israel should be able to do so without being intimidated or threatened.”

He also hopes that this debate “will lead to a time for reflection for all religious leaders” and that they will continue to meet and keep the channels of communication open, as has been the case for many years.

“What I hope will be on the agenda for the interfaith movement is commitment across the board for religious leaders to preach tolerance, peace, human dignity, and to support forces in the world to do the same,” he says. “I hope all religious leaders will oppose in every way the violent extremism that is gaining ascendency, particularly in Africa. We can agree to disagree without denigrating each other. We must call out violent extremism with one voice. This is a wake-up call that we need to take a stand.”

Speaking to the SA Jewish Report on Wednesday, 9 June, the archbishop said, “Nothing in my letter suggests that I support violent attacks by one community on another or that I question the right of Israel to live in peace and security and that of the Palestinians to self-determination.”

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Biden’s daughter-in-law in SA for mom’s funeral

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The daughter-in-law of United States President Joe Biden was on route to South Africa on Wednesday to attend her beloved mother’s funeral in Johannesburg.

Melissa Cohen-Biden, 34, who is married to the president’s son, Hunter Biden, was due to arrive in South Africa on Thursday morning, just hours before her mother, Zoe Cohen, was to be laid to rest.

Zoe, 72, passed away on Monday after a short illness.

Although Zoe was the machatenesta of the most powerful man in the Western world, she was a formidable woman of strength and inspiration in her own right.

The mother of four was a well-known and highly respected social worker for the Chevrah Kadisha for many years and had her own private practice where she specialised in adoptions and surrogacies.

Messages of support have continued to stream in on social media since her sudden passing. According to her legion of friends, Zoe touched the lives of countless people in her bid to marry babies and children with their forever homes, and helped hundreds of couples become parents.

According to her son, Garyn, a special place has been reserved for his mother at Westpark Cemetery to honour her lifetime achievements and contribution to the community.

Her friends this week said she was “a little woman with a big heart” who never had a bad word to say about anyone.

“My mother was a special angel who always put other people’s needs before her own. Even though she was small in stature, she was larger than life,” said Garyn.

He said Zoe insisted on fostering children at the family home every weekend. “We had children from Arcadia and the Princess Alice Adoption Home stay with us every weekend. We used to joke that my friends got confused between them and my real siblings. My mom felt it was important for these children to experience what it was like to be part of a family.”

She also adored animals, taking in strays and abandoned animals as well as the family’s own pets. ”Our house was sometimes called ‘Zoe’s Zoo’. This is where my sister Melissa got her love for animals,” said Garyn.

The Cohens adopted Melissa when she was three years old. “My parents had three boys and all of a sudden, there was a little sister. Melissa changed the dynamics and completed our home. We adored her from the minute she came into our lives,” he said.

Zoe was diagnosed with a brain tumour on 22 April. She had surgery 10 days later, and passed away within weeks from a host of complications.

A devastated Melissa visited her mother in Johannesburg while she recovered in hospital after surgery, and stayed for a week in the country with her father, Lee. She was accompanied by security guards wherever she went, and the visit was kept under wraps. She left South Africa with no idea that her mother would take a sudden turn for the worst.

“When Melissa was here, our mother was doing well. She couldn’t believe it when we called her to say that our mom was gone. They were very close. She is heartbroken.”

At the time of going to press, Melissa was on her way back to South Africa. The family waited for her to arrive before the funeral could take place on Thursday.

She left her baby, Beau, with Hunter in Los Angeles where the couple live.

Said Garyn, “Hunter would have loved to have joined her, but he stayed behind with Beau. He adored my mother. They got on very well from the moment they met. My parents visited Melissa and Hunter in America, and spent time with them there. Unfortunately, they didn’t get to meet Joe and Jill Biden at the time.”

Melissa’s brother, Dalan, and his wife, Amy, who live in Atlanta, joined the couple at the presidential inauguration. Their other brother, Joshua, lives in Canada and has yet to meet the Biden clan.

This will be the first time the four siblings will be together in a long time.

“It’s wonderful for us, but our mom will be missing,” said Garyn.

As tributes continue to pour in, clinical psychologist Mandy Rodrigues said Zoe was a “legend in the field of fertility”.

“Zoe has been a constant in all our lives in the field [of fertility]. How do you say goodbye to someone who has always been a wise, humble, and dedicated worker in the field you were passionate about? Someone who contributed so much time not only to making us more aware of adoption, but mentoring many of us. You always taught me to act within the confines of the law, no matter how many hearts were broken, and we shared so many cases over the years.

“I remember you as someone with integrity and so much wisdom and kindness. You always made the needs of babies and children in your care your number-one priority. Your name will always be linked to those of us you have blessed families with.”

The Cohen siblings and their father will sit shiva together at Garyn’s Johannesburg house, where, no doubt, they will reminisce about their colourful childhood.

According to the family, Zoe studied social work at the University of the Witwatersrand and worked at the Princess Alice Adoption Home for many years. She was in private practice for many years where apart from adoptions, she also did grief and trauma counselling. She often opened her home to women who had nowhere to turn, and placed thousands of abandoned children. She also worked with fertility clinics, and helped countless couples on the road to parenthood.

Due to COVID-19, the funeral will be restricted to 100 people, but it’s expected many will be turned away as her popularity knew no bounds, say her children.

She is survived by her loving husband of 50 years, Lee, children Dalan, Garyn, Joshua, and Melissa, and eight grandchildren.

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