The Confederation of African Football (CAF) has announced a prize money increase for the Africa Cup of Nations (AFCON). CAF president Dr Patrice Motsepe confirmed this during a press briefing on Saturday in Rabat, Morocco, ahead of the start of the tournament on Sunday. Motsepe announced the champions will take home $10 million (R168 million),… Continue reading AFCON Champions to Pocket R168 Million
Tag: Patrice Motsepe
Confederation of African Football Reports R162 Million Profit
The Confederation of African Football (CAF) has reported a strong financial growth and increased investment in football on the continent under Dr Patrice Motsepe. On Monday, CAF announced a return to profitability, reversing several years of financial deficits and achieving significant growth as part of the organisation’s turnaround strategy adopted in 2021. This was announced… Continue reading Confederation of African Football Reports R162 Million Profit
Patrice Motsepe Pays Tribute to Nigerian Goalkeeper
The President of the Confederation of African Football (CAF), Dr Patrice Motsepe, has paid tribute to the late Peter Rufai. Motsepe expressed his condolences following the death of the 61-year-old Rufai this week. Rufai was a part of Nigeria’s 1994 Africa Cup of Nations-winning team. “He was an enormously talented football player and was respected… Continue reading Patrice Motsepe Pays Tribute to Nigerian Goalkeeper
Paul Mashatile Says Patrice Motsepe’s Campaign for ANC Presidency Is Premature, Run by Faceless People
One of the likely contenders for the ANC’s presidency in December 2027 has claimed that the low-intensity campaign to elect billionaire businessman Patrice Motsepe is run by faceless people. Paul Mashatile, who is currently the ANC’s and the country’s deputy president also said the campaign is premature. Mashatile made this comment in an interview with… Continue reading Paul Mashatile Says Patrice Motsepe’s Campaign for ANC Presidency Is Premature, Run by Faceless People
Former Mamelodi Sundowns Co-owner Passes Away
CAF President Patrice Motsepe says the late Mamelodi Sundowns co-owner Angelo Tsichlas will always have a special place in his heart. Angelo Tsichlas passed away on Tuesday following a car accident on Solomon Mahlangu in Pretoria. Motsepe took over Mamelodi Sundowns from the Tsichlas family in 22 years ago. “I am deeply saddened by the… Continue reading Former Mamelodi Sundowns Co-owner Passes Away
CAF President Dr Motsepe Announces Five Vice Presidents
CAF President Dr Patrice Motsepe has backed himself with five individuals as he embarks on his second term. Last month, the South African businessman was elected unopposed as he retained his seat for another four years. On Saturday, Motsepe announced five vice presidents at an executive committee meeting in Accra, Ghana. First Vice President: Mr.… Continue reading CAF President Dr Motsepe Announces Five Vice Presidents
CAF President Patrice Motsepe Leads the Away — Again
South Africa’s Patrice Motsepe has retained his position as CAF President for four more years until 2029. Motsepe, a billionaire with mining interests, has been at the helm since March 2021 and on Wednesday, he was re-elected at the 14th CAF Extraordinary General Assembly in Cairo, Egypt. He’s also one of FIFA’s vice-presidents by virtue… Continue reading CAF President Patrice Motsepe Leads the Away — Again
SA Champions Mamelodi Sundowns Pay Tribute to Ex-Owner
In light of Solly Krok’s passing, Mamelodi Sundowns have paid tribute to their former owner. Solly Krok, who was 95, passed away this week due to natural causes. His twin brother, Abe, succumbed to an illness back in 2013. The Krok brothers, together with the Tsichlas family, were owners of the reigning PSL champions before… Continue reading SA Champions Mamelodi Sundowns Pay Tribute to Ex-Owner
Former Eskom Bosses, Private Sector Using ‘Revolving Door, Insider Trading’ To Score Tenders
Several energy companies are recruiting former Eskom executives allegedly to gain an unfair competitive edge, benefit from insider trading, and position themselves for billions of tenders at the power utility. According to insiders and industry sources, the growing trend raises questions about an alleged revolving door phenomenon involving former Eskom bosses, the power utility’s… Continue reading Former Eskom Bosses, Private Sector Using ‘Revolving Door, Insider Trading’ To Score Tenders
Niehaus Launches ARETA Branch, Accuses Ramaphosa Of Selling Out Economy To Whites
President of the African Radical Economic Transformation Alliance (ARETA) Carl “Mpangazitha” Niehaus has accused President Cyril Ramaphosa of selling South Africa’s economy to white people, and forgetting the pain that the majority of the country went through. Niehaus was speaking at the launch of his party’s Ward 46 branch in Jabulani, Soweto, on Sunday. The… Continue reading Niehaus Launches ARETA Branch, Accuses Ramaphosa Of Selling Out Economy To Whites