The financial results released by African Rainbow Minerals (ARM), founded by Patrice Motsepe, show a drop in revenue and that a man died while at the mine.
We are told that illegal mining is the crime of the desperate—the work of faceless shadows, scurrying underground like ghosts with headlamps. But the true ghosts, the ones who haunt South Africa’s ...
Patrice Motsepe, the CAF president and Africa's 10th richest man, built his $2.7 billion fortune after rising from humble beginnings as the son of a shop owner.
Motsepe, a South African billionaire with mining interests, also renews his $300,000-a-year position as a vice president at FIFA, whose president Gianni Infantino sat with Motsepe on stage Wednesday.
A $160 million South African phosphate mine, owned by billionaire Patrice Motsepe’s African Rainbow Capital Investments Ltd., ...