Harmony Gold records $3.47 billion in revenue at close of fiscal year 2024
The Johannesburg-based miner attributed this growth to increased gold sales and a favorable pricing environment.
Patrice Motsepe
Sanlam completes Assupol deal, boosts lead as Africa's largest insurer
Sanlam's acquisition of Assupol bolsters its footprint in South Africa and Africa, cementing its position as a dominant insurance player.
TymeBank, backed by Africa’s first Black billionaire Patrice Motsepe, hits 10-million-customer milestone
The bank, backed by Motsepe, has rapidly expanded since its launch in 2019, transforming the financial landscape in South Africa and beyond.
Africa's first Black billionaire Patrice Motsepe’s investment firm surpasses $1 billion in net asset value
Motsepe owns an indirect 27-percent stake in ARC, contributing to his status as Africa’s first richest man.
Africa’s first Black billionaire Patrice Motsepe to receive $45.2-million dividend from ARM
The dividend payout reflects a 25-percent decrease from the R1.08-billion ($60.3 million) dividend he received the previous year.
Sanlam, backed by Patrice Motsepe, targets India's wealth management sector
The move is part of a broader strategy to capitalize on growth opportunities in one of the world’s fastest-growing major economies.
Patrice Motsepe’s African Rainbow Minerals reports lowest profit in seven years
ARM, led by Africa’s first Black billionaire Patrice Motsepe, reports its lowest profit in seven years due to rising costs and a tough operating environment.
Sanlam, backed by Patrice Motsepe, posts $636-million profit in H1 2024
Sanlam, partly owned by Patrice Motsepe, reports a $636-million profit for the first half of 2024, fueled by strong performance across its diverse business segments.
South African insurer seeks $135-million stake in Patrice Motsepe's ARC FSH
Sanlam Life, a subsidiary of Africa's leading insurer Sanlam, has announced plans to acquire a 25-percent stake in ARC Financial Services Holdings.
