Sanlam’s interest in SGIC is set to rise from 40 percent to 51 percent, and in SLIC from 42 percent to 54 …
Africa’s first Black billionaire
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If successful, this collaboration could propel Motsepe into the ownership ranks of MultiChoice Group, further diversifying his holdings in South Africa’s leading …
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Headline earnings plummeted by 43 percent, falling from R5.17 billion ($275.5 million) in the first half of 2023 to R2.96 billion ($157.8 …
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Motsepe expressed his gratitude, stating, “We are grateful to the Catholic Church and the Muslim Faith for the crucial religious and spiritual …
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The rebound in Patrice Motsepe’s net worth can be attributed to the surge in the market value of his 40.37-percent stake in …
- Southern Africa
Africa’s first Black billionaire Patrice Motsepe suffers $1-billion wealth decline in 2023
Motsepe made history as Africa’s first Black billionaire in 2008 thanks to the remarkable success of his mining group.