Billionaire Patrice Motsepe's African Rainbow Capital wins South African ruling in $195 million graphite fight
Billionaires Africa | 09.07.2026 01:21
African Rainbow Capital, the empowerment investment company founded by billionaire Patrice Motsepe, said Wednesday that the Johannesburg High Court has ruled it cannot be held liable for breaching a confidentiality agreement it never signed, a finding it says removes the legal basis for a $195 million (3.2 billion rand) claim pursued against it in Tanzania.
