Tag: Patrice Motsepe

Sanlam
BusinessHot News

Sanlam expands financial services with South Africa banking launch

Sanlam will launch banking services in South Africa in November, expanding beyond insurance as it targets customers’ everyday financial needs.

Oluwatosin Alao Oluwatosin Alao
South African billionaire Patrice Motsepe.
BusinessBillionaires

South African billionaire Patrice Motsepe’s $162 million phosphate bet hits trouble

Patrice Motsepe’s Kropz phosphate investment faces a setback as mine restructuring puts 238 jobs at risk.

Timilehin Adejumobi Timilehin Adejumobi
South African billionaire Patrice Motsepe.
BillionairesBusinessHot News

South African billionaire Patrice Motsepe set to receive nearly $40 million dividend from ARM

Patrice Motsepe is set to receive nearly $40 million from African Rainbow Minerals’ final dividend, taking his 2026 payout to $68.42 million.

Omokolade Ajayi Omokolade Ajayi
South African billionaire Patrice Motsepe.
BusinessHot News

South African billionaire Patrice Motsepe’s ARM lifts payout as profit hits $200 million

Patrice Motsepe’s African Rainbow Minerals lifted its full-year dividend after headline earnings rose 19 percent to $200.2 million on a PGM price rebound.

Omokolade Ajayi Omokolade Ajayi
South African billionaire Patrice Motsepe.
BillionairesBusinessHot News

South African billionaire Patrice Motsepe’s net worth gains $100 million in 10 days

Patrice Motsepe’s net worth rose to $3.7 billion following a $100 million ten-day gain, lifted by an 87 percent earnings jump at Harmony Gold.

Omokolade Ajayi Omokolade Ajayi
Africa’s first Black billionaire Patrice Motsepe.
BusinessBillionairesHot News

SA billionaire Patrice Motsepe’s ARM expects earnings to rise as much as 22%

Patrice Motsepe’s ARM expects earnings to rise as much as 22 percent as stronger platinum prices offset weaker iron ore earnings.

Omokolade Ajayi Omokolade Ajayi
South African billionaire Patrice Motsepe.
BillionairesBusinessHot News

Patrice Motsepe’s net worth rebounds to $3.6 billion as mining stocks rise

Patrice Motsepe’s net worth has risen to $3.6 billion as African Rainbow Minerals and Harmony Gold shares gain on the Johannesburg Stock Exchange (JSE).

Omokolade Ajayi Omokolade Ajayi
South African billionaire Patrice Motsepe.
BusinessHot News

Tanzania court strikes Pula Group’s $195 million claim against Motsepe-linked firms  

Tanzania court removes Pula Group’s $195 million claim from the roll while leaving the alleged misuse of confidential information unresolved.

Timilehin Adejumobi Timilehin Adejumobi
Africa’s first Black billionaire Patrice Motsepe.
Hot NewsBillionairesBusiness

Africa’s first Black billionaire, Patrice Motsepe, loses $1 billion in stock slump

Patrice Motsepe’s net worth fell from $4.4 billion to $3.4 billion due to a steep mining stock decline, sliding his position on South Africa’s rich list.

Omokolade Ajayi Omokolade Ajayi
Harmony Gold
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Patrice Motsepe-backed Harmony Gold raises $1.2 billion for copper expansion   

Harmony Gold secures $1.2 billion financing to expand copper operations while strengthening its balance sheet.

Timilehin Adejumobi Timilehin Adejumobi
Africa’s first Black billionaire Patrice Motsepe.
BillionairesBusinessHot News

South African billionaire Patrice Motsepe sees net worth dip under $3.5 billion after bold $1 billion mining gamble

Patrice Motsepe's net worth slipped below $3.5 billion after African Rainbow Minerals approved nearly $1 billion in mining investments.

Omokolade Ajayi Omokolade Ajayi
L-R: Patrice Motsepe, Michiel Le Roux, and Koos Bekker
BillionairesBusinessHot News

Michiel Le Roux overtakes Motsepe, Bekker to become South Africa’s third-richest billionaire

Michiel Le Roux hits a $3.7 billion net worth, overtaking Patrice Motsepe and Koos Bekker to become South Africa's third-richest billionaire.

Omokolade Ajayi Omokolade Ajayi