South African tycoon Ipeleng Mkhari's Gautrain consortium secures $540 million from Standard Bank
Standard Bank has underwritten R9 billion of debt for the consortium, backed by Ipeleng Mkhari’s Motseng, that now runs and will upgrade the Gautrain.
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Standard Bank has underwritten R9 billion of debt for the consortium, backed by Ipeleng Mkhari’s Motseng, that now runs and will upgrade the Gautrain.
Ipeleng Mkhari's Motseng, through a joint venture with AIIM, is part of the consortium that will run South Africa's Gautrain from 2026 to 2041.
South African entrepreneur Ipeleng Mkhari has been named chairperson of Attacq Ltd, the ZAR 11 billion real estate investment trust behind Waterfall City. Her appointment signals fresh leadership and renewed growth ambitions for the property giant.