South African coal tycoon Sipho Nkosi left Exxaro and now funds films and video games
Sipho Nkosi built Exxaro into a major coal producer, retired in 2016 and now chairs Talent10, which has backed IoT, films, gaming and insurance.
Exxaro Resources
Mining mogul Ben Magara steers Exxaro into $575 million manganese deal
Exxaro Resources, led by CEO Ben Magara, has completed a 575 million dollar deal to acquire premier manganese assets, securing a key role in the global transition to green energy and battery manufacturing
Saki Macozoma’s Safika Holdings to pocket about R4.4bn in Exxaro’s manganese buyout
Ntsimbintle will distribute proceeds from Exxaro’s manganese buyout, with Macozoma-linked Safika positioned for roughly R4.4bn before taxes and final adjustments.
Multimillionaire Sipho Nkosi’s Exxaro seals $615 million manganese deal
Exxaro’s $615 million manganese deal consolidates key assets in South Africa’s Northern Cape, marking a major shift in the country’s mining landscape.
Saki Macozoma sells manganese assets to Exxaro in $638 million deal
The transaction was executed through his investment company, Ntsimbintle Holdings, in partnership with Singapore-based OM Holdings.
Exxaro appoints Zimbabwean mining tycoon as chief executive, declares $165 million dividend
Ben Magara’s appointment follows a fast-tracked selection process after the resignation of former CEO Nombasa Tsengwa.
Exxaro earnings fall below $600 million under South African executive Nombasa Tsengwa
Commenting on the financial results, Tsengwa expressed confidence in the company’s ability to create value despite the challenges faced during the fiscal year.
South African tycoon Mxolisi Mgojo suffers $1.4-million loss from Exxaro stake
Despite the recent decline in the market value of his stake, Mgojo remains one of South Africa’s most esteemed executives.
Mxolisi Mgojo: South African tycoon with $4.8 million in Exxaro shares
Under Mgojo’s leadership, Exxaro Resources attained unprecedented heights.
South African executive Nombasa Tsengwa says investment in green minerals ‘urgent’
Tsengwa became the group CEO of Exxaro Resources in March 2021.
South African businessman Mxolisi Mgojo sees stake in Exxaro surge above $5.7 million
Mgojo owns a beneficial 0.17-percent ownership in the leading diversified resources firm.
Nombasa Tsengwa-led Exxaro Resources anticipates 111-percent rise in interim HEPS
The rise in the company’s earnings is attributed to increased equity-accounted income from Sishen Iron Ore.
South African Exxaro Resources mining giant names CEO designate
Exxaro Resources has announced Nombasa Tsengwa as its new CEO-designate.