MatchKit founder Mike Sharman on crowdfunding our Olympic medalists

Loading player...
Dreams came true at the Tokyo Olympic Games last week for two of our own. Tatjana Schoenmaker won the gold medal and set the world record in the 200-metre breaststroke and also won the silver medal in the 100-metre breaststroke, while Bianca Buitendag won the silver medal in the women's shortboard competition. These extraordinary achievements fueled uproar from South Africans upon the South African Sports Confederation and Olympic Committee’s announcement on Monday - Women’s Day - that these incredible athletes would not be paid bonuses for their medal wins. In response to this announcement by SASCOC, Mike Sharman - the founder of MatchKit - took to Twitter saying that in “2016 Wayde van Niekerk earned R500,000 for winning gold and an extra R150,000 for breaking a World Record and Chad Le Clos earned R200,000 for a silver. By this standard, Tatjana Schoenmaker should be rewarded with at least R850,000 and Bianca Buitendag R200,000.” A rational response and one which led to a vigorous crowdfunding campaign which raised R100,000 in the first hour - a testament to the South African spirit. BizNews spoke to Mike Sharman, whose passion was nothing short of infectious. Learn more about your ad choices. Visit megaphone.fm/adchoices
12 Aug 2021 11AM English South Africa Investing · Business News

Other recent episodes

BN Daybreak - Fri 12 June 2026: Trump halts Iran strikes; SA's overlooked gold fortune; PA surge; World Cup fees

In today's BizNews Daybreak: Global markets rallied after President Trump halted planned military strikes against Iran. In South Africa, the Patriotic Alliance clinched a major by-election victory in Malmesbury, weakening established parties. Meanwhile, Alec Hogg unpacked South Africa’s overlooked multi-billion rand gold mining fortune. Finally, we highlight Adobe’s executive shakeup…
11 Jun 11PM 15 min

The Daily Edge: Gold at $4,100 and SA is sitting on a fortune it can't see

Alec Hogg opens with a thesis from Merrill Lynch veteran Dr. Duarte de Silva: South Africa's abandoned gold mines and tailings dumps — written off at $300–$800/oz — are generating margins above $3,000 per ounce at today's prices. The Witwatersrand Basin still holds as much gold as has ever been…
11 Jun 7AM 19 min