South African billionaire Patrice Motsepe's GoTyme bank targets 30 million customers by 2036
GoTyme, the digital lender backed by South African billionaire Patrice Motsepe, aims to overtake Capitec as the country's biggest bank by customers by 2036.
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GoTyme, the digital lender backed by South African billionaire Patrice Motsepe, aims to overtake Capitec as the country's biggest bank by customers by 2036.
Patrice Motsepe-backed GoTyme wants 30 million South African customers by 2036, enough to overtake Capitec, and eyes a listing valued above $15 billion.
Assore wants a court to bar an executive at Patrice Motsepe's African Rainbow Minerals after their jointly owned miner missed a tax deadline.
CAF president Patrice Motsepe said the Africa Cup of Nations will stay a two-year event, reversing the four-year plan he announced in December.
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.
GoTyme Bank, the former TymeBank backed by Patrice Motsepe's African Rainbow Capital, has passed 13 million customers and plans a credit card in 2027.
Pula Group says a Tanzanian court did not throw out its $195 million claim against Patrice Motsepe's companies, disputing African Rainbow Minerals' account.
Patrice Motsepe's African Rainbow Minerals shares have lost about $300 million this year as the miner spends on platinum and fights its partner in court.
Assore, the mining house controlled by South Africa's Sacco family, says Patrice Motsepe's ARM has taken powers it lacks at their shared mining venture.
CAF, led by mining billionaire Patrice Motsepe, is lifting grants to its 54 national associations to $700,000 as the race to succeed him takes shape.
Tanzania's High Court has struck out Pula Group's $195 million damages claim against Patrice Motsepe and his companies, two months after a first strike-out.
Patrice Motsepe's leadership of African football is under strain after his reversal on the Africa Cup of Nations schedule, the Guardian reported.
Assore has sued African Rainbow Minerals over who runs Assmang, the iron ore and manganese miner they own equally. ARM rejects the claims.
South African billionaire Patrice Motsepe has confirmed he will step down as president of the Confederation of African Football when his term ends.
Harmony Gold is selling $500 million of convertible bonds due 2031 with a coupon of 1.5% to 2%, convertible into about 2.9% of its shares.
Alexander Forbes is taking on a R2.1 billion loan to buy out Prudential, a transaction that lifts Patrice Motsepe's stake from 49.88% to 77.94%.