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South Africa
Millionaire Rob Hersov mounts double-barrelled offensive in mining and politics

Invest Africa president Rob Hersov, in 2017. © Invest Africa/Twitter

Along with the launch of a vehicle aimed at raising $300m to invest in African gold, businessman Rob Hersov, heir to the founding family of mining giant AngloVaal, is also pouring money into politics ahead of municipal elections in August. [...]

Published on 27/01/2021 at 06:00 GMT Reading time 2 minutes

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Mining

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South Africa
ActionSA
African Capital Investments
African Gold Acquisition
African National Congress
African Rainbow Minerals
Anglo American
AngloGold Ashanti
Anglovaal
Bradley Doig
Cape Party
Christopher Chadwick
Cyril Ramaphosa
Democratic Alliance
Gold Fields
Gold One
Herman Mashaba
Invest Africa
Izak Marais
Jack Miller
Johann Rupert
Koosum Kalyan
Mmusi Maimane
MTN
New York Stock Exchange
One SA
Patrice Motsepe
Petmin
Petmin USA
Richemont
Rob Hersov
Shell
Sibanye-Stillwater

South Africa
Transparency initiative seeks to curry favour with Ramaphosa

Gwede Mantashe, South Africa's powerful minister of mines and energy, is reluctant to divulge the ownership of mining permits, one of the key principles of the Extractive Industries Transparency Initiative. With Senegalese President Macky Sall's help, EITI hopes to convince Ramaphosa to attend June's global GA in Dakar and join the initiative.

Subscribers only Energy, Mining 14.02.2023

South Africa
Inanda Club, the discreet meeting place of Joburg elite

Finance folk and politicians are among the 1,200 members of the exclusive Inanda Club on the edge of the Sandton business district. They flock there to network and socialise in complete discretion.

Subscribers only Finance, Politics, Business 07.12.2022

South Africa
Why MTN gave up on Telkom takeover

Despite throwing everything at its lobbying campaign, the telecommunications operator MTN has failed to convince the South African government to back its proposed merger with the country's third largest provider, Telkom. Meanwhile, third party Rain is lying in wait.

Subscribers only Business 26.10.2022

Spotlight | South Africa
German foundations provide discreet support for opposition DA and ActionSA parties

A new political funding law obliges parties to reveal their financial sources. Germany's Friedrich Naumann and Konrad Adenauer foundations have links with the opposition Democratic Alliance and Action SA parties, which they are supporting through training and help with the drafting of their election programmes.

Subscribers only Politics 04.03.2022

An election rally of The Democratic Alliance (DA) in Johannesburg, on October 28, 2021.

South Africa
ActionSA Liberals draw up roadmap to end ANC domination

Herman Mashaba's party wants to end the African National Congress' lengthy rule. But its attempts to unite with the Democratic Alliance and the Economic Freedom Fighters at the local level are proving trickier than expected.

Subscribers only Politics 25.02.2022

Mauritius
Government jumps on SPACs bandwagon

In line with a popular trend with financial markets worldwide, finance minister Renganaden Padayachy announced during his budget speech earlier this month that the stock exchange was introducing rules to allow the listing of Special Purpose Acquisition Companies (SPACs).

Subscribers only Finance, Business 23.06.2021

South Africa
Anglo American under fire from would-be ANC president Ace Magashule

As he campaigns (though still unofficially) to become president of South Africa's ruling African National Congress (ANC) party, a position widely seen as a springboard for the top job in the land, the ANC's current secretary-general Ace Magashule has decided to take on a heavyweight adversary:

Subscribers only Mining 19.03.2021

South Africa, United Kingdom
Rob Hersov champions Jersey against Mauritius for offshore finance crown

Jersey Finance, the body which promotes the island of Jersey as an offshore financial centre, has found a new ally in its efforts to attract business from rich South Africans. Rob Hersov, who is the heir of a leading South African family, regularly takes part in the organisation's promotional events.

Subscribers only Business 22.02.2021

A Jersey Finance promotional video starring Rob Hersov.

South Africa, United Kingdom
Jersey seduces South Africa's investors

Amid post-Brexit uncertainties, Jersey's offshore promotion agency is trying to outshine Mauritius in one of their shared markets: wealthy South African individuals and investors.

Subscribers only Finance, Business 18.02.2021

South Africa
Court stops Sibanye-Stillwater plugging Ezulwini financial leakage

A court has rejected Sibanye-Stillwater's request to stop pumping water from the deep shafts of Ezulwini mine, where it now exploits only the surface. The firm claims the ruling will be a considerable financial setback.

Subscribers only Mining 16.02.2021

South Africa
Billionaire Johann Rupert works on his tax strategy

The South African magnate and boss of Switzerland-based Richemont, one of the world's leading luxury goods companies, is a natural target for the tax authorities of his native land, who are looking to increase their returns from extremely wealthy taxpayers.

Subscribers only Business 02.02.2021

South African businessman Johann Rupert.

South Africa
Judge Dennis Davis still chasing wealthiest taxpayers

Tax Review Committee chair Dennis Davis has slammed the state's inability to collect dues from its wealthiest citizens. The fiscal authority is trying to get a better grip, but has been left weakened by its previous director.

Subscribers only Finance, Business 20.01.2021

South Africa
Relocation challenge lies in wait for new AngloGold Ashanti chair

Maria Ramos' arrival as the new chair of AngloGold Ashanti following Sipho Pityana's resignation is the sign of significant changes ahead for the South African gold miner.

Subscribers only Mining 14.12.2020

The new AngloGold Ashanti chair, Maria Ramos.

Africa
Cayman Islands can cash in on EU's fallout with Mauritius

The Caymans were removed from the EU's list of non-cooperative tax jurisdictions in early October and the Carribean archipelago, popular with US and South African funds for investments on the continent, can gain from the poor standing of its rival Mauritius in the UE.

Free access Finance, Business 12.11.2020

Spotlight | Africa, United Kingdom
As Brexit looms, Jersey promotes offshore financial centre

Though already a favourite among wealthy Africans and investors on the African continent, Jersey wants to further its image as a robust offshore financial centre. The Channel island offers a strategic stepping stone for London with Brexit just around the door.

Subscribers only Finance, Business 06.10.2020

Set up email notifications for these topics

South Africa
ActionSA
African Capital Investments
African Gold Acquisition
African National Congress
African Rainbow Minerals
Anglo American
AngloGold Ashanti
Anglovaal
Bradley Doig
Cape Party
Christopher Chadwick
Cyril Ramaphosa
Democratic Alliance
Gold Fields
Gold One
Herman Mashaba
Invest Africa
Izak Marais
Jack Miller
Johann Rupert
Koosum Kalyan
Mmusi Maimane
MTN
New York Stock Exchange
One SA
Patrice Motsepe
Petmin
Petmin USA
Richemont
Rob Hersov
Shell
Sibanye-Stillwater

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From Gaborone to Antwerp, is De Beers's empire on the rocks?

Mali, Senegal, Togo
The secrets of Demex, the trader selling Russian oil in West Africa

South Africa
Millionaire Rob Hersov mounts double-barrelled offensive in mining and politics

This article may be accessed by subscribers

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create a free account

Set up email notifications for these topics

South Africa
Transparency initiative seeks to curry favour with Ramaphosa

South Africa
Inanda Club, the discreet meeting place of Joburg elite

South Africa
Why MTN gave up on Telkom takeover

Spotlight | South Africa
German foundations provide discreet support for opposition DA and ActionSA parties

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Government jumps on SPACs bandwagon

South Africa
Anglo American under fire from would-be ANC president Ace Magashule

South Africa, United Kingdom
Rob Hersov champions Jersey against Mauritius for offshore finance crown

South Africa, United Kingdom
Jersey seduces South Africa's investors

South Africa
Court stops Sibanye-Stillwater plugging Ezulwini financial leakage

South Africa
Billionaire Johann Rupert works on his tax strategy

South Africa
Judge Dennis Davis still chasing wealthiest taxpayers

South Africa
Relocation challenge lies in wait for new AngloGold Ashanti chair

Africa
Cayman Islands can cash in on EU's fallout with Mauritius

Spotlight | Africa, United Kingdom
As Brexit looms, Jersey promotes offshore financial centre

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Africa Intelligence on social media

Indigo Publications' websites

About Africa Intelligence

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Indigo Publications' websites

Botswana, South Africa From Gaborone to Antwerp, is De Beers's empire on the rocks?

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South Africa Millionaire Rob Hersov mounts double-barrelled offensive in mining and politics

This article may be accessed by subscribers

Do you want a free trial before subscribing?

Create your free account

create a free account

Set up email notifications for these topics

South Africa Transparency initiative seeks to curry favour with Ramaphosa

South Africa Inanda Club, the discreet meeting place of Joburg elite

South Africa Why MTN gave up on Telkom takeover

Spotlight | South Africa German foundations provide discreet support for opposition DA and ActionSA parties

South Africa ActionSA Liberals draw up roadmap to end ANC domination

Mauritius Government jumps on SPACs bandwagon

South Africa Anglo American under fire from would-be ANC president Ace Magashule

South Africa, United Kingdom Rob Hersov champions Jersey against Mauritius for offshore finance crown

South Africa, United Kingdom Jersey seduces South Africa's investors

South Africa Court stops Sibanye-Stillwater plugging Ezulwini financial leakage

South Africa Billionaire Johann Rupert works on his tax strategy

South Africa Judge Dennis Davis still chasing wealthiest taxpayers

South Africa Relocation challenge lies in wait for new AngloGold Ashanti chair

Africa Cayman Islands can cash in on EU's fallout with Mauritius

Spotlight | Africa, United Kingdom As Brexit looms, Jersey promotes offshore financial centre

Set up email notifications for these topics

About Africa Intelligence

Subscription

Africa Intelligence on social media

Indigo Publications' websites

Botswana, South Africa
From Gaborone to Antwerp, is De Beers's empire on the rocks?

Mali, Senegal, Togo
The secrets of Demex, the trader selling Russian oil in West Africa

South Africa
Millionaire Rob Hersov mounts double-barrelled offensive in mining and politics

South Africa
Transparency initiative seeks to curry favour with Ramaphosa

South Africa
Inanda Club, the discreet meeting place of Joburg elite

South Africa
Why MTN gave up on Telkom takeover

Spotlight | South Africa
German foundations provide discreet support for opposition DA and ActionSA parties

South Africa
ActionSA Liberals draw up roadmap to end ANC domination

Mauritius
Government jumps on SPACs bandwagon

South Africa
Anglo American under fire from would-be ANC president Ace Magashule

South Africa, United Kingdom
Rob Hersov champions Jersey against Mauritius for offshore finance crown

South Africa, United Kingdom
Jersey seduces South Africa's investors

South Africa
Court stops Sibanye-Stillwater plugging Ezulwini financial leakage

South Africa
Billionaire Johann Rupert works on his tax strategy

South Africa
Judge Dennis Davis still chasing wealthiest taxpayers

South Africa
Relocation challenge lies in wait for new AngloGold Ashanti chair

Africa
Cayman Islands can cash in on EU's fallout with Mauritius

Spotlight | Africa, United Kingdom
As Brexit looms, Jersey promotes offshore financial centre