Billionaire Patrice Motsepe moves to take 78% stake in South Africa’s retirement fund giant

African Insider | 18.09.2026 21:00
Johannesburg – Billionaire Patrice Motsepe’s African Rainbow Capital (ARC) is set to tighten its grip on Alexforbes, South Africa’s largest standalone retirement-fund administrator, in a transaction that could lift its stake in the company to almost 78%.