Malema Drops Bombshell on Billionaire MySol: “These Mines Will Not Serve You”

MALema BOMBSHELL! EFF Leader Calls Mining Tycoon MySol a “Small Boy” at Rally

LETLHABILE, NORTH WEST, SOUTH AFRICA — 25 OCTOBER 2026

Economic inequality and the control of South Africa’s mineral wealth took centre stage at an Economic Freedom Fighters (EFF) rally on Saturday after party leader Julius Malema launched a sharp verbal attack on mining businessman Solomon “MySol” Soka Madibela.

Addressing supporters at Letlhabile Stadium in the North West, Malema described the businessman as a “small boy” while insisting that the country’s mineral resources should benefit ordinary South Africans rather than wealthy individuals.

The EFF leader’s remarks drew a strong reaction from the crowd, highlighting the party’s continued emphasis on economic transformation, resource ownership and the redistribution of wealth.

Malema Delivers Strong Message on Mining Wealth

During his address, Malema made it clear that he believes South Africa’s mineral resources should serve the interests of its people.

“These mines will service our people, these mines will not service My Sol,” Malema told supporters.

He then intensified his criticism, adding: “My Sol se voet. You must tell him that he’s a small boy to me.”

The comments reinforced the EFF’s longstanding political position that the country’s natural resources should contribute more directly to improving the lives of ordinary citizens.

South Africa has a significant mining industry, with mineral resources playing an important role in employment, investment and economic activity. However, questions about ownership, inequality and the distribution of mining profits remain prominent in the country’s political debate.

Malema has frequently used public rallies to challenge what he regards as the concentration of economic power in the hands of a small group of wealthy individuals.

The latest exchange follows an earlier claim by MySol that a political party president had turned against him after he declined an invitation to attend the party’s gala dinner.

According to the account provided, MySol said the president responded by declaring, “MySol se foet.”

The latest remarks from Malema have brought renewed attention to the disagreement, although the full circumstances surrounding the earlier exchange remain unclear.

Malema has also previously questioned MySol about the source of his wealth and his associations, continuing a pattern of public criticism directed at the businessman.

MySol, who reportedly built his mining and logistics operations from modest beginnings in the North West, had not publicly responded to Malema’s latest comments at the time of writing.

His response, if forthcoming, could provide further insight into the dispute and clarify his position on the allegations and criticism directed at him.

For now, Malema’s remarks have placed the relationship between political leadership, private wealth and mineral ownership firmly back in the spotlight.

As South Africa continues to debate economic inequality and the future of its mining sector, the EFF leader’s message is clear: the party wants the country’s mineral wealth to deliver greater benefits to ordinary people.

Source https://x.com/MDNnewss/status/2114345661227319612

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