Browsing: Patrice Motsepe

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Patrice Motsepe buys into LTE operator Rain

African Rainbow Capital, the black-owned investment company chaired by billionaire Patrice Motsepe, has acquired a 20% stake in 4G/LTE operator Rain (formerly Wireless Business Solutions). The value of the deal

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MTN severs ties with partner Tyme

MTN Group will look for new ways to bring banking services to its customers’ mobile phones in South Africa after severing ties with Australian-owned partner Tyme. Africa’s biggest mobile phone operator scrapped the

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African Rainbow buys into Metrofibre

Metrofibre Networx, the fibre broadband company led by former Absa CEO Steve Booysen, has secured a new shareholder in the form of African Rainbow Capital (ARC), whose directors include billionaire Patrice Motsepe and former Sanlam CEO Johan van Zyl

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Ttrumpet blows its horn in SA

Ttrumpet, a new mobile application that enjoys the backing of billionaire businessman Patrice Motsepe, will be launched in the next few weeks, offering consumers access to voice-over-Internet protocol (VoIP) services, along with instant messaging and a patented online vouchering system. Co-founder Grant Theis says Ttrumpet