patrice motsepe

  1. Hanno Labuschagne

    Patrice Motsepe's billions explained

    Patrice Motsepe's billions explained Patrice Motsepe is one of South Africa's most successful businessmen, having amassed his billions through holdings in various industries, including telecoms, digital banking, and mining. He ranks as the 1,157th wealthiest person in the world according to...
  2. Hanno Labuschagne

    Tyme Group valuation hits $1.5 billion

    Tyme Group valuation hits $1.5 billion Tyme Group, a digital lender controlled by South African billionaire Patrice Motsepe, raised $250 million (R4.47 billion) in a funding round that made it one of Africa’s few unicorns. The bank is valued at $1.5 billion (R26.79 billion) after the capital...
  3. pratlou

    Billionaire Patrice Motsepe could join $2.9bn Vivendi bid for MultiChoice

    South African billionaire Patrice Motsepe is in talks with Vivendi SE’s Canal+ to join its multibillion-dollar bid for broadcaster MultiChoice Group, according to people familiar with the matter. Bringing South Africa’s richest Black man into the deal would likely help the French media...
  4. Hanno Labuschagne

    SABC will broadcast AFCON and other CAF tournaments

    SABC will broadcast AFCON and other CAF tournaments The South African Broadcasting Corporation (SABC) has secured the rights to broadcast the upcoming Africa Cup of Nations (AFCON 2023) and the rest of the Confederation of African Football’s (CAF’s) events for the 2024 season. AFCON 2023 is...
  5. pratlou

    Is Rain The Ultimate Bidder For Telkom’s Masts And Towers Business, Swiftnet?

    If the ARC Investment deal with Telkom works out, it could signify a strategic move for Rain and ARC against major masts and towers companies, IHS and American Tower. https://techfinancials.co.za/2023/12/01/is-rain-the-ultimate-bidder-for-telkoms-masts-and-towers-business-swiftnet/?amp=1 
  6. Jan

    TymeBank announces $77.8 million pre-series C capital raise

    TymeBank secures R1.5 billion investment Digital banking group Tyme has secured two new international investors as part of its pre-series C capital raise launched in January this year. Along with the two new shareholders — Norrsken22, an Africa-focused tech growth fund, and Blue Earth Capital...
  7. Jan

    South African tycoon Motsepe plans to boost clean power generation seven-fold

    South African billionaire plans major renewable energy push African Rainbow Energy and Power (AREP), backed by South African billionaire Patrice Motsepe, is looking to boost renewable power generation sevenfold to become one of the biggest clean electricity providers on the continent. The...
  8. Jan

    Rain's investors are smiling

    Rain's billionaires African Rainbow Capital’s (ARC’s) interim results for the six months ended 31 December 2021 revealed that it values Rain at R16.6 billion, an increase of R287 million over the last six months. The increased valuation is partly thanks to the mobile operator’s strong...
  9. Jan

    Patrice Motsepe's business empire

    All the companies Patrice Motsepe owns Patrice Motsepe is one of South Africa’s most successful businessmen with shareholdings in many of the country’s top companies, including Sanlam, Rain, Alexander Forbes, and TymeBank. Motsepe is also a shareholder in Mamelodi Sundowns and the Blue Bulls...
  10. Anthro

    Motsepe-Radebe identified as a cosignatory of at least 2 bank accounts holding some of the more than $10 billion allegedly stolen

    BIG NEWS: #AfriForum & #GerrieNel have officially been appointed by the #Botswana government to represent them in a high-profile money-laundering & fraud case, in which businesswoman Bridgette Motsepe-Radebe (sister-in-law of @CyrilRamaphosa & wife of Jeff Radebe) is implicated. Shocking...
  11. Kevin Lancaster

    Patrice Motsepe invests in Bill Gates’ billion-dollar clean energy fund

    Patrice Motsepe invests in Bill Gates’ billion-dollar clean energy fund Bill Gates has launched a new $1-billion fund as part of the Breakthrough Energy Coalition, Fortune reported.
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