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Empowerment investment holding company African Rainbow Capital has acquired a 25% shareholding in specialist financial services firm Capital Legacy.
African Rainbow Capital and Ethos Private Equity have jointly announced an investment of R200m by the Ethos Artificial Intelligence Fund and co-investors in TymeBank.
Billionaire businessman Patrice Motsepe has reportedly filed an urgent interdict application against Black First, Land First and its leader Andile Mngxitama in connection with allegations that he was involved in an alleged plot to interfere in Botswana's politics.
Energy Minister Jeff Radebe has slammed rumours that there is anything untoward within the bidding process of Independent Power Producer procurement.
Former Eskom CEO Brian Dames said he stepped down from the president's team of advisors on the power utility when a perceived conflict of interest arose and he wanted to maintain a high standard of ethics.
NUM is angered by what it calls "the unexpected announcement of retrenchments made by Eskom on the eve of Christmas celebrations".
EFF leader Julius Malema on Sunday continued his attack on Public Enterprises Minister Pravin Gordhan saying he was guilty of double standards when it came to public scrutiny of his daughter.
TymeBank, owned by billionaire Patrice Motsepe, has started signing up customers for its new online bank, one of several entrants planning to take clients from traditional lenders.
South African billionaire Patrice Motsepe’s African Rainbow Capital Investments plans to improve cooperation between its different ventures by getting them to know each other better - by dating.
Motsepe said completion of the transaction would culminate in the first "black-owned and controlled commercial, retail and digital bank in South Africa".
Dr Patrice Motsepe has finally broken his silence on allegations of political interference in Botswana, refuting reports that he has been bankrolling the opposition.
BLF leader Andile Mngxitama has been ordered by the Gauteng High Court sitting in Johannesburg, to refrain from continuing to accuse billionaire and mining mogul, Patrice Motsepe, of meddling in Botswana's politics.
DA leader Mmusi Maimane wants the government to allow billionaire Patrice Motsepe and other independent power producers to contribute to the power grid.
Energy Minister Jeff Radebe will on Sunday hold a briefing on Independent Power Producers, which have been thrust into the spotlight following news of Eskom's unbundling.
None of the renewable energy projects linked to African Rainbow Energy & Power were received directly from government, its founder and chair Patrice Motsepe said on Monday morning amid allegations of favouritism.
FirstRand is emulating Amazon.com with a digital offering that will span everything from insurance, car license renewals to locating plumbing services as the South African bank chases new revenue sources.
TymeDigital is holding its cards close to its chest following the August announcement that Patrice Motsepe’s African Rainbow Capital (ARC) would become its 100% owner.
Dr Mathew Knowles – Music World Entertainment (MWE) founder, author, entrepreneur, professor, and dad to Beyoncé and Solange – launched his latest book in Cape Town. He shared some of his entrepreneurial insights with Fin24.
Black empowerment investment holding company African Rainbow Capital Investments reports growth in the value of its portfolio as well as its profit.
Sanco has likened EFF leader Julius Malema to US President Donald Trump, following comments he made about businessman Patrice Motsepe.
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