Tag: Patrice Motsepe
Sanlam and African Rainbow Capital have come together to create one of the largest black-empowered asset management companies in South Africa. Johan van der Merwe, co-CEO of African Rainbow Capital joins CNBC Africa for more.
Sanlam and Patrice Motsepe’s African Rainbow Capital Financial Services has signed a deal that will create one of the largest Black-empowered asset management companies in South Africa. Sanlam CEO, Paul Hanratty joins CNBC Africa for more.
British based private equity firm ARCH Emerging Market Partners has invested $3 million in Sun Exchange. This brings total investments in Sun Exchange, a Cape Town based renewable energy start-up that allows people to buy individual cells on solar projects and earn rental income in cryptocurrency, to $4 million. Abe Cambridge, CEO & Founder of Sun Exchange joins CNBC Africa for more.
Quite frankly, be candid… What African mining bosses and the minister call each other behind closed doors
For years it has been daggers drawn between government and mine owners in disputes over mining regulations that the latter fear are driving away investors from starting new mines.
They came, they saw, but did they achieve? A year on from the Global Citizen Festival, Mandela 100 we find out. Joining CNBC Africa is Hugh Evans, co-Founder of both The Oaktree Foundation and Global Citizen, and Patrice Motsepe, co-Founder of the Motsepe Foundation and one of the executive producers of the Global Citizen Festival.
African billionaire Patrice Motsepe has become the latest businessman to try tackle the unemployment crisis in South Africa. His foundation has launched a R100 million jobs fund, together with 33 of the largest religious based organisations that promises to not only create thousands of jobs but ensure that good governance and ethics are adhered to. CNBC Africa’s Fifi Peters spoke with him at the launch and asked how this fund would be different from other initiatives that also promise to create jobs.
African Rainbow Minerals, chaired by South African billionaire Patrice Motsepe, is confident about the prospects for the mining sector, this as the government is trying to position mining into a sunrise sector even though many investors have turned their back on it due to paltry profits. CNBC Africa's Fifi Peters caught up with the CEO of African Rainbow Minerals, Mike Schmidt for more.
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