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Patrice Motsepe throws R10 billion into new firm

| Patrice Motsepe has launched a new financial services and private equity firm in partnership with financial services and private equity firm.

JOHANNEBSURG - South African businessman Patrice Motsepe's has thrown his weight and a total of R10 billion behind a new company, African Rainbow Capital.

Motsepe will chair the financial services and private equity firm along with CEOs Johan van Zyl and Johan van der Merwe.

Listen to 702's Bruce Whitfield interviewing van der Merwe in the Soundcloud above.

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