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Sanlam BEE deal funds Patrice Motsepe’s new life insurance companyAfrican Rainbow Life will be SA’s second black-managed life insurance company, created by a Sanlam and Ubuntu-Botho partnership What a lucky man,he just open his hands and take take take take... Why motsepe! Cannot if fund another disadvantaged group instead of individual? No man..
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State pension fund writes off R4.3bn investment in Steinhoff’s BEE shareholderAlso written off is a R1bn loan and investments in preference shares in Iqbal Surve's Sekunjalo Investments and Independent News and Media SA We are a country in the throngs of instability with very grim prospects for growth and what's trending today is 'Ntsiki Mazwai' and this does not make it to news.
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