Patrice Motsepe-linked Sanlam signs JV deal with Allianz to form largest pan-African insurer
The new entity is expected to have a combined total group equity value in excess of $2.1 billion.
Patrice Motsepe
South African billionaire Patrice Motsepe loses over $320 million in less than one month
Motsepe, the South African billionaire and current President of the Confederation of African Football (CAF) founded the mining firm in 1997.
South African billionaire Patrice Motsepe donates $2 million to flood victims
Motsepe, a billionaire businessman, offered his assistance after witnessing the devastation caused by recent floods.
South African billionaire Patrice Motsepe’s net worth rises by $300 million in 11 weeks
The billionaire is one of the richest men in Africa.
Aga Khan-backed Jubilee acquires additional stake in Johann Rupert-linked SEACOM
SEACOM is privately funded and about 75-percent African-owned.
South African billionaire Patrice Motsepe to receive $69.6 million in dividends from ARM
Motsepe, who has been instrumental in the success of the South African miner, has a substantial 39.7 percent interest in the company.
South African billionaire Patrice Motsepe’s ARM posts $242 million in profit in H1 2022
Motsepe founded the mining enterprise in 1997 as South Africa’s first Black-owned mining firm.
Zimbabwe’s Strive Masiyiwa unseats Patrice Motsepe to become Southern Africa’s richest Black billionaire
Masiyiwa is a London-based Zimbabwean billionaire businessman and philanthropist.
Billionaire Patrice Motsepe’s ARM anticipates 24-percent drop in earnings in H1 2022
ARM is a significant South African mining and minerals firm with holdings in a variety of mines.
Billionaire Patrice Motsepe-linked Sanlam opens three new offices in Togo
Motsepe owns a minority stake in Sanlam through his financial business Ubuntu-Botho Investments.
Patrice Motsepe, Johann Rupert-linked SEACOM to acquire Africell Uganda assets
The move by SEACOM represents a significant step forward in its five-year strategic expansion plans.
Billionaire businessman Patrice Motsepe loses $111 million as shares in South Africa’s first Black-owned mining group fall from record highs
Motsepe, who founded ARM in 1997 as South Africa’s first Black-owned mining company, owns 40 percent of the leading mining group.
South African billionaire Patrice Motsepe’s ARM acquires Bokoni mine for $334 million
ARM will invest $334 million per year in the development of the mine to get it up and running.
Billionaire mining mogul Patrice Motsepe acquires luxury wine farm in South Africa
The leading businessman purchased the 28-hectare farm for between $5.5 million and $7.9 million.
Billionaire Patrice Motsepe’s Sanlam fails to increase stake in Said Alj-led Saham Assurance Maroc
Sanlam backed down from its ambitious pan-African expansion drive after failing to meet key conditions.
Patrice Motsepe’s African Rainbow Minerals acquires Bokoni platinum mine for $220 million
Bokoni, which was founded in 1969, was previously called Lebowa Platinum.