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These mega-rich businessmen have divested their wealth into professional sports teams.
The results reflect the continued strength of its international operations, which helped cushion the impact of rising costs in its home market.
This boost comes on the heels of a strong rally in Sothema’s share price on the Casablanca Bourse.
The company’s results for the year ending March 31, 2025, underscore a business in transformation, yet also raise questions about financial transparency and consumer risk.
TymeBank and Sanlam are launching a 50-50 joint venture to expand digital credit access to underserved South Africans through unsecured loans and insurance.