Make Money Mondays, The Money Show with Bruce Whitfield

'We had a disdain for money. Material possessions counted for so little'

Former Constitutional Court Justice Albie Sachs. Picture: EWN.

We had a disdain for money… Material possessions counted for so little. We lived on dreams, on imagination, on revolution, on changing the world…

Albie Sachs

I’m not poor. I once got a prize of $1 million… For less than a nanosecond, I thought of refusing it. You shouldn’t get a prize for rule of law… But it was only for a nanosecond… But I was worried. It could destabilise me. I gave away half… and paid off my bond…

Albie Sachs

These [apartheid] cases I did for nothing… I knew I’d go to jail one day… Each day [in solitary confinement] was like five years…

Albie Sachs

Every week The Money Show’s Bruce Whitfield interviews a famous person about her or his attitude to money (hopes and fears, successes and failures, etc.) as part of his weekly “Make Money Mondays, Personal Edition” feature.

This week Whitfield interviewed Albie Sachs (born 30 January 1935), an anti-apartheid activist and a former judge on the Constitutional Court of South Africa.

Sachs earned his LLB at the University of Cape Town where he took part in the Defiance Campaign.

In 1955 he attended the Congress of the People at Kliptown where the Freedom Charter was adopted.

Sachs started his law practice when he was only 21, defending people charged under racist apartheid laws.

After spending five months in solitary confinement for his activism - without a trial, he went into exile in England where he obtained a PhD from Sussex University.

He later went to Mozambique.

In 1988 he lost an arm and was blinded in one eye in an assassination attempt by the South African security service who place a bomb in his car.

To wake up without an arm but to feel joyously alive, to learn to do everything – to sit up, to stand, to walk, to run, to write again. Every little detail became a moment of discovery and breakthrough. I had an absolute conviction that as I got better, my country got better.

Albie Sachs (quote taken from a 2011 Mail and Guardian article)

After the bombing, he devoted himself to preparing for a new, democratic Constitution.

President Nelson Mandela appointed Sachs to the Constitutional Court in 1994.

He is the author of the Court’s majority judgement that led to the legalisation of same-sex marriage.

Sachs retired in October 2009.

  • But what is it that Sachs believes about money?

  • How did his childhood experiences shape his views on money?

Listen to the interview in the audio below (and scroll down for more quotes from it).

I matriculated at 15 and I came second in my class.

Albie Sachs

My dad was expelled from the Communist Party…

Albie Sachs

We [white anti-apartheid activists] were seen as traitors…

Albie Sachs

South Africans really didn’t want to be fighting each other…

Albie Sachs

You can’t rush an [Constitutional] amendment through in a hurry… Section 25 is wide enough to allow for expropriation without compensation without amendment… Sooner or later this country has had to face up to [land restitution]… it’s upon us now. Let’s do it with dignity…

Albie Sachs

...I’m amazed to discover I’m conservative! I’ve never been considered conservative in my life!

Albie Sachs

Enjoy The Money Show, but miss it sometimes?

Get the best bits emailed to you daily, right after it ends:

Subscribe to our Business Wrap Newsletter


Recommended

by NEWSROOM AI
Read More
SA’s richest woman opens up about being a refugee and becoming a billionaire

SA’s richest woman opens up about being a refugee and becoming a billionaire

Magda Wierzycka – Sygnia’s renegade CEO – on her attitude toward money (hopes and fears, successes and failures, etc.).

[EXPOSED] Tips made with cards often don't end up in waiters' pockets

[EXPOSED] Tips made with cards often don't end up in waiters' pockets

You may want to start tipping your waiter in cash. Consumer journalist Wendy Knowler on how restaurants abuse their employees.

South Africans are getting poorer and poorer at an increasing rate

South Africans are getting poorer and poorer at an increasing rate

Bruce Whitfield interviews Mike Schussler (Economists.Co.Za), Busisiwe Radebe (Nedbank) and Edward Kieswetter (Sars).

'I’m very conscious about how I spend. I don’t buy fancy cars. I buy bargains'

'I’m very conscious about how I spend. I don’t buy fancy cars. I buy bargains'

Bruce Whitfield interviews Sipho Hotstix Mabuse about his attitude toward money (hopes and fears, successes and failures, etc.).

'I don’t need millions. All I want on my tombstone is... Best Dad Ever'

'I don’t need millions. All I want on my tombstone is... Best Dad Ever'

The Money Show’s Bruce Whitfield interviews Pilgrim about his attitude to money (hopes and fears, successes and failures, etc.).

‘Money makes you ugly! If it was no object, I’d give it away!’

‘Money makes you ugly! If it was no object, I’d give it away!’

The Money Show’s Bruce Whitfield interviews Professor Jonathan Jansen about his attitude to money and beliefs about it.

Popular articles
[WATCH] A group of men load impala carcass in taxi at Kruger National Park

[WATCH] A group of men load impala carcass in taxi at Kruger National Park

Khabazela shares tweets and Facebook posts that have gone viral.

Journalist describes two "bulls" within the ANC - Magashule vs Ramaphosa

Journalist describes two "bulls" within the ANC - Magashule vs Ramaphosa

Veteran journalist and columnist Sam Mkokeli analyses the power struggles within the African National Congress.

Innovative medical glue replaces stitches and staples

Innovative medical glue replaces stitches and staples

Bio-Technology Ph.D. student at the Israel Institute of Technology Alona Shagan explains device similar to a standard glue gun.

[VIDEO] DA's Van Damme accuses family of racism, V&A Waterfront apologises

[VIDEO] DA's Van Damme accuses family of racism, V&A Waterfront apologises

The Democratic Alliance MP claims she was subjected to a racist tirade at Cape Town's V&A Waterfront and wants action taken.

I’ve never seen anything like this! – Simon Brown on Old Mutual vs Peter Moyo

I’ve never seen anything like this! – Simon Brown on Old Mutual vs Peter Moyo

The Money Show’s Bruce Whitfield interviews Simon Brown, Financial Educator at Just One Lap.

[WATCH] Volkswagen’s new feel-good Kombi ad 'Cupcake Boss' is brilliant

[WATCH] Volkswagen’s new feel-good Kombi ad 'Cupcake Boss' is brilliant

Advertisers traditionally warn against working with children. In this ad it works beautifully, says ad expert Andy Rice.

Court orders Gupta-linked Trillian to pay back R600 million to Eskom

Court orders Gupta-linked Trillian to pay back R600 million to Eskom

It also ordered the company to pay for all the costs of the application. Bruce Whitfield interviews EWN’s Clement Manyathela.

Comparing milk prices across Africa suggests the rand may get stronger

Comparing milk prices across Africa suggests the rand may get stronger

The Money Show’s Bruce Whitfield interviews Neville Mandimika, Africa Strategist at Rand Merchant Bank.

Learn to invest, then watch your money grow

Learn to invest, then watch your money grow

Ray White interviews Thobelani Maphumulo, author of "Invest Your Way to Wealth".