International companies ready to partner with SA in renewable energy space – Dames
The power blackouts in South Africa have severely hampered businesses and especially mines over the past months.
The power blackouts in South Africa have severely hampered businesses and especially mines over the past months.
South Africa’s only black billionaire, Patrice Motsepe, has taken a key stake in the country’s best performing rugby team, adding to his sporting interests as he already owns the national soccer champions.
The Blue Bulls Rugby Union has received a joint offer from Remgro, the investment company of Johann Rupert, and African Rainbow Capital Investments, which is backed by Patrice Motsepe.
Eskom is considering the sale of smaller assets as the South African state-owned power utility weighs solutions to a liquidity crisis that contributed to a wave of rolling blackouts.
Tyme Bank’s launch has been a long time coming and it’s recently quietly got going after winning a licence from SARB.
Patrice Motsepe’s African Rainbow Capital has taken an initial 20% stake in A2X markets, an aspirant stock exchange expected to start trading year end.
While they all got their start in the country, for the most part the wealth of SA’s super rich was mostly created outside South Africa.
Mining magnate Patrice Motsepe turned down the role as Sanlam chairperson and asked former CEO Johan van Zyl to take on the role.
African Rainbow Capital, chaired by billionaire Patrice Motsepe, agreed to buy 10 percent in the main operating unit of Alexander Forbes for R753 million.
African Rainbow Capital, recently founded by well-known businessman Patrice Motsepe, has acquired a 20% stake in Val de Vie Investments.