African Rainbow Minerals

Motsepe, who has been instrumental in the success of the South African miner, has a substantial 39.7 percent interest in the company.

Motsepe founded the mining enterprise in 1997 as South Africa’s first Black-owned mining firm.

ARM is a significant South African mining and minerals firm with holdings in a variety of mines.

Motsepe, who founded ARM in 1997 as South Africa’s first Black-owned mining company, owns 40 percent of the leading mining group.

The deal will see ARM revive the abandoned mine in Limpopo Province, South Africa.

The dividend will be paid from ARM’s earnings at the end of its 2021 financial year.

Patrice Motsepe has announced his agenda if he is voted in as president of the Confederation of African Football.