Saki Macozoma’s Safika Holdings to pocket about R4.4bn in Exxaro’s manganese buyout
Billionaires Africa | 09.02.2026 10:24
Ntsimbintle Holdings, the broad-based BEE mining investor chaired by Saki Macozoma, is preparing to hand shareholders a rare cash bonanza after Exxaro Resources’ acquisition of its manganese portfolio, a transaction priced at R11.67 billion before adjustments and potential add-ons.
