Business journalist, eNCA
Upon completing his BA in corporate communications in 2010, Motheo Khoaripe was recruited into the business of selling pots for two years to survive. Emerging from a blue collar household, he noticed how his family managed to make ends meet, yet always seemed to be on the back foot when it came to money. He noticed the many glass ceilings certain people encountered when it came to money, and realised that financial jargon did not ultimately aid the masses in understanding their financial matters. Thus was cemented his love for the world of finance and today he is currently a business journalist at eNCA.
“I discovered there is a section of society that will never get to know how money works,” Motheo notes. He sees his role as: “Telling the stories untold. It’s not that people don’t have money, they just don’t know how to use it. I’d like to teach young people about money before they get money.”
He started working at YFM at the age of 24 under the guidance of Zukile Majova, the editor of the station at the time, before moving onto Power FM, where he was mentored by Siki Mgabadeli. Dissecting his first budget speech on eNCA remains a highlight. It was a chance to delve into its depths, fully unpack it and help people understand its significance. A chance to serve others. Telling stories about start-up businesses and how they’ve develop into fully fledged businesses along the years also serves as a career highlight. Passionate about financial literacy, Khoaripe wants to take it to the masses — allowing previously disadvantaged people to learn and talk about money comfortably.
“If black people are to be part of the economy, we need to give them the right tools to equip them adequately,” he says. He is partnering with a financial advisor to improve financial literacy and educate high school learners as well as young professionals. “I want to teach as many people as I can as soon as I can to become money wise,” he says, ultimately hoping to empower those disadvantaged. “I want to teach people how to keep money, not only spend it.”
Introducing a workable financial literacy programme into the South African curriculum system is an ideal he is working on implementing too. “The practical aspects of finance needs to be understood by all,” he says. He is inspired by the underdog. “Everyone has a war story. Those who make it to where they want to be, despite the odds stacked against them — those people inspire me.”
— Leigh Wils