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African Rainbow Capital (ARC), an funding agency controlled by South African mining billionaire Patrice Motsepe, has partnered with Sanlam to launch a new insurer, African Rainbow Life (ARL). He is the brother of Tshepo Motsepe and Bridgette Radebe, and the brother-in-law of both President Cyril Ramaphosa and Minister Jeff Radebe. Confronted with indignant reactions to the assertion throughout the African continent, Motsepe apologised, explaining “I don’t have the best to talk on behalf of anybody besides myself.” Motsepe confirmed he would remain as an ARM Director, and would transfer into a new role as its Non-executive Chairman. On March 12, 2025, Patrice Motsepe was re-elected president of the Confederation of African Soccer, in the course of the 14th extraordinary common meeting of CAF.

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