It has been said that the Republic of South Africa is controlled by two men heading two organisations; Mr.
It has been said that the Republic of South Africa is controlled by two men heading two organisations; Mr. John Vorster and his Nationalist Government head the political side, and Mr. Harry Oppenheimer and his giant Anglo-American company control the Finance in the country.
Anglo-American announced earlier this month that ti is to pump some 2.3 million sterling into a big farming scheme to help Zambia produce maize and beef. This financial deal could save landlocked Zambia up to 18 million sterling in foreign exchange over the next decade. This latest financial move from Anglo-American is a comparatively small one -- Oppenheimer and his companies control more than three thousand million pounds sterling, and has more influence on his country's economy than, comparatively speaking, General Motors has on the U.S. economy.
This profile, from VISNEWS library film, illustrates the type of man Oppenheimer is. It includes his wealth, his philosophy, his politics and his influence. It leads to the point that Oppenheimer is probably the most powerful man in South Africa today.
SYNOPSIS: John Vorster is South Africa's most powerful politician controlling the ruling Nationalist Party; but Harry Oppenheimer is one of the world's most powerful financiers, controlling assets worth over a thousand million pounds sterling.
Three out of every ten gold bars poured in the Western world come from an Oppenheimer mine. His own personal fortune - if it could be converted into gold bars and laid end to end - would stretch for nearly six miles. Some say Oppenheimer is a shy, modest man.
Oppenheimer was born in South Africa and took an Oxford degree in politics and economics. He served as an intelligence officer in the Second World War and then spent ten years as an opposition member of parliament for Kimberly. On the death of his father in 1957 he gave up politics and devoted himself to the family business.
He gives a large amount of his fortune to charity and finances the Progressive Party, using its platform to air his views.