South African billionaire Patrice Motsepe's Harmony Gold earns record $1.6 billion, eyes copper
Patrice Motsepe, chairman of Harmony Gold, says safety and copper growth are the miner's top priorities after a year of record profit and dividends.
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Patrice Motsepe, chairman of Harmony Gold, says safety and copper growth are the miner's top priorities after a year of record profit and dividends.
Patrice Motsepe was paid R28.5 million for his last seven and a half months as executive chairman of African Rainbow Minerals, its annual report shows.
South African billionaires Johann Rupert and Patrice Motsepe backed Willem Strauss after he won a third term as Blue Bulls Rugby Union president.
African Rainbow Minerals said it received a R1.5 billion dividend from Assmang, reflecting improved earnings and steadier commodity conditions through 2025.
African Rainbow Minerals is still negotiating how much cash it can unlock from Assmang, its manganese and iron-ore JV, after profits slumped.
Tyme, which operates in Africa and Southeast Asia, in December raised $250 million in its Series D capital raise, pushing its valuation to $1.5 billion.
Motsepe denies allegations, calls claims "absolute rubbish" as lawsuit escalates in Tanzania's commercial court.
Patrice Motsepe’s transformative philanthropy showcases his commitment to addressing Africa’s pressing challenges, building a legacy of impact that extends far beyond his business success.