South African tycoon Ipeleng Mkhari's Gautrain consortium secures $540 million from Standard Bank

Billionaires Africa | 19.10.2026 18:24
The Gautrain consortium that includes South African tycoon Ipeleng Mkhari's Motseng Investment Holdings has secured R9 billion ($540 million) in financing, after Standard Bank Group Ltd. fully underwrote the debt for the group that took over the rapid rail network last month.