Pembani Group News

Johann Rupert is South Africa's richest man (According to Forbes in 2014), Chairman of the luxury goods company Richemont, and Chairman of investment company Remgro.

Private equity fund backed by two of South Africa's richest men raises $345M to invest in Africa

Pembani Remgro Infrastructure Fund, founded by two of South Africa’s richest men, has raised $345 million to invest in electricity generation, transport and logistics in Africa.

Cyril Ramaphosa

Cyril Ramaphosa Said to Swap Banks for Burgers as He Takes Office

Cyril Ramaphosa, who took office yesterday as South Africa’s deputy president, agreed to trade his interests in regulated businesses in exchange for stakes in consumer goods companies to avoid conflicts of interest, according to two people with knowledge of the matter.