Motsepe’s TymeBank partners with Zion Christian Church

Investment holding company African Rainbow Capital (ARC), which was founded by billionaire SA businessman Patrice Motsepe, announced on Sunday that TymeBank, in which ARC has a majority shareholding, has entered into a partnership with the Zion Christian Church (ZCC) to offer a banking proposition to its members. The ZCC is the largest African-initiated church in […]

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STORY OF USN FOUNDER: USN: Zero to R1 billion in 15 years

Albe Geldenhuys, launched USN sports supplements in 1999 Even though it sounds like an America product, USN was launched from a small flat in Pretoria, where Albe Geldenhuys’ girlfriend mixed creatin formulations with a hand-cracked washing machine (the Sputnik). “At first, I wasn’t even thinking about launching a product line or even a business. I […]

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Entrepreneurs Who Built Their Businesses From Nothing

Remarkable story about a South African entrepreneur who built a big business and well-known brand up from humble beginnings. NetFlorist, SA’s largest online gifting company, was launched by accident “Our plan was to run the site for one day to prove that we could do it. And then we got R30 000 worth of orders. That was […]

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Bill Gates tops Jeff Bezos as richest person in the world

Bill Gates beats Jeff Bezos to reclaim world’s richest man title Read more: On Friday, Gates surpassed Amazon (AMZN) CEO Jeff Bezos to reclaim the distinction of richest person in the world, with a net worth of $110 billion, according to the Bloomberg Billionaires Index. It’s the first time the co-founder of Microsoft (MSFT) has held the top spot in over two years. […]

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THE ROBERT KIYOSAKI YOU DOES NOT KNOW

Despite his failures, Kiyosaki did not lose hope and decided to help people by educating them on how to avoid bankruptcy and achieve success In 1977 he had enough money saved to start his own company, which produced the first nylon Velcro surfer wallets. He tried to limit the costs of the wallets by lowering the quality […]

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Zambia’s Lungu vows to contain national debts to manageable levels

Zambia is committed to ensuring that debt is contained within sustainable levels through continued austerity measures, President Edgar Lungu said on Friday. Zambia, Africa’s No.2 copper producer is struggling with high debt levels and shrinking foreign currency reserves, and the International Monetary Fund (IMF) has said growth is likely to remain subdued over the medium […]

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Origin of modern humans ‘traced to Botswana’

Scientists have pinpointed the homeland of all humans alive today to a region south of the Zambezi River. The area is now dominated by salt pans, but was once home to an enormous lake, which may have been our ancestral heartland 200,000 years ago. Our ancestors settled for 70,000 years, until the local climate changed, […]

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BERNARD ARNAULT: The Fashion Industry Billionaire

THE STORY OF THE FASHION POPE; Known as the Pope of Fashion, Bernard Arnault is now the world’s second richest man, overtaking Bill Gates, according to Bloomberg. Chairman and CEO of LVMH (Möet Hennessy Louis Vuitton), he is an arts lover who reinvigorated Christian Dior and built a luxury brand empire worth billions. We look back […]

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