Patrice Motsepe
Patrice Motsepe is a South African mining magnate, businessman and billionaire who serves as executive chairperson of African Rainbow Minerals (ARM), a diversified mining and minerals company. He is widely recognised as one of Africa's wealthiest individuals and the first black African billionaire to appear on the Forbes list. Motsepe founded ARM in 1997, building it into a major player in South African mining with interests in platinum, ferrous metals, coal, copper and gold. The company holds significant stakes in operations including Two Rivers platinum mine and Assmang, a chrome and manganese producer. Beyond mining, he chairs Ubuntu-Botho Investments and holds interests in financial services, energy and real estate. Motsepe is also president of the Confederation of African Football (CAF), a position he has held since 2021, and owns Mamelodi Sundowns Football Club, one of South Africa's most successful football teams. He is known for his philanthropic work through the Motsepe Foundation, which focuses on education, health and social development across Africa. His business career began in the legal profession before he moved into mining contracting in the 1990s, acquiring marginal gold mine shafts from AngloGold and turning them profitable. Motsepe's influence extends across African business, sport and civil society, making him a recurring figure in coverage of mining, investment and continental development.
Patrice Motsepe Updates
My Vote Counts warns Rise Mzansi’s R30m donation exposes flaws in Party Funding Act 
By: Thabi Shomolekae 5th June 2026 Civil society group My Vote Counts argues that Rise Mzansi’s R30-million loan conversion highlights major flaws in the Political Party Funding Act,... →
ARM’s Bokoni platinum project’s prospects are continuing to excite
By: Martin Creamer 10th March 2026 The definitive feasibility study for the Bokoni platinum group metals (PGM) project is targeted for completion in this half of 2026, followed by an... →
Let’s make South Africa best place, says Motsepe as he bows out as ARM exec chair
By: Martin Creamer 6th March 2026 Let’s make South Africa the best possible place. The future looks very, very bright, African Rainbow Minerals (ARM) founder Dr Patrice Motsepe said... →
ANC NEC condemns Motsepe’s leadership campaign
By: Thabi Shomolekae 2nd March 2026 The African National Congress National Executive Committee has taken a decision to halt leadership campaigns in the run-up to its 2027 National... →
SA’s Land System is Broken, but Collective Consent Offers a Way Forward
By: South African Institute of International Affairs 2nd March 2026 South Africa’s land and mining crisis is political and structural, and experts at the 2026 Mining Indaba agree that reform requires collective,... →
African Rainbow Minerals expects 65% to 75% rise in basic half-year earnings
By: Martin Creamer 24th February 2026 The basic earnings of South Africa’s African Rainbow Minerals (ARM) for the first half of its 2026 financial year are expected to increase by... →
Motsepe is now ARM’s non-executive chairperson
By: Martin Creamer 16th February 2026 Dr Patrice Motsepe, the founder of diversified mining company African Rainbow Minerals (ARM), has retired from his position as executive... →
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