Who is the king of Royal Bafokeng?

Leruo Tshekedi Molotlegi
Leruo Tshekedi Molotlegi (born 1968) is the 36th kgosi, or king, of the Royal Bafokeng Nation. The Bafokeng nation is located in North West Province of the Republic of South Africa.

Who owns Royal Bafokeng Holdings?

the Royal Bafokeng Nation Development Trust
About Royal Bafokeng Holdings RBH is an African community investment company which, together with its sole shareholder, the Royal Bafokeng Nation Development Trust (RBNDT or the Trust), are entrusted with the unique responsibility of preserving and creating intergenerational wealth for the RBN.

How much is Royal Bafokeng worth?

about R30.9 billion
The Bafokeng benefit from royalties from mining companies that operate on their land, and they have established a sovereign wealth fund. Their portfolio has a net asset value of about R30. 9 billion, and they have invested their royalties and dividends in a number of projects, civic administration and social services.

Who is the first King of Bafokeng?

Kgosi Tshukudu
Kgosi Tshukudu became the first king of a unified Bafokeng in 1750.

Which is the richest tribe in South Africa?

the Bafokeng
By careful management of mining revenue, the Bafokeng have earned the title of “The Richest Tribe in Africa” [68] .

What does Royal Bafokeng do?

(RBPlat) is a mid-tier platinum group metals (PGMs) producer, mining the merensky and ug2 reefs.

Is Royal Bafokeng Holdings listed?

Royal Bafokeng Platinum (RBPlat) is pleased to announce that today, 8 November 2010, it has listed on the main board of the JSE Limited (JSE), in the ‘Platinum and Precious Metals’ sector.

Which ethnic group is richest in South Africa?

the Bafokeng people
The unofficial title of Africa’s richest ethnic group goes to the Bafokeng people of South Africa whose population totals a princely 300,000 subjects. At the last count, they were worth $4 billion.

Where is Bafokeng from?

The BaFokeng are descended from the BaKwena, and were settled in the area of Phokeng in the 15th century. With the arrival of White people in the area, the BaFokeng King Mokgatle (1836-1891) decided to secure the community’s rights to land.

Who owns Royal Bafokeng Platinum?

Despite a messy tussle for control of Royal Bafokeng Platinum, Impala Platinum remains hellbent on acquiring 100% of the company.