Photos: South Africa's mining magnate. Hundreds of thousands of ZCC members will become part of the South African banking and financial services industry and this will enable them and their families to be part of and benefit from the South African economy.”. ZION Christian Church leader Bishop Barnabas Lekganyane yesterday finally undertook DNA tests to determine the paternity of a man claiming to be his son. He is one of very men in South Africa who is rich and has less scandals on life, the money he has was believed to be what is called clean money. The only other relationship that exists is that their organisations have got business linkages as it was announced earlier this year that African Rainbow Capital (ARC) which is the majority shareholder of TymeBank, had entered into a partnership with the Zion Christian Church (ZCC) to offer a banking proposition to its members. The bishop used this to delay submitting himself for DNA testing. The ZCC counts 12 million churchgoers as part of its membership, says a statement. "In my opinion the relationship between Tymebank and Boxer/Pick n Pay is already attracting a lot of clients. Hide Caption. Business mogul Dr Patrice Motsepe shakes hands with ZCC leader Bishop Dr Barnabas Lekganyane. 1 of 5. The Motsepe Foundation was founded in 1999 by Mr Patrice Motsepe and Dr Precious Moloi-Motsepe. 08/07/2009. Discovery Bank is aiming for a different client, but everyone wants a piece of the pie, and I believe the pie is shrinking.". Bishop Barnabas Lekganyane is the leader of Zion Christian Church (ZCC) which is the largest christian congregation in Southern Africa with more than 12 million followers around the continent. When we got there, there was a 90% unemployment rate. A soccer enthusiast, he is the owner of the Mamelodi Sundowns, a South African Premier League club based in Pretoria. Sihle Zikalala on Patrice Motsepe's message to Trump: 'We are not friends with ... Chippa throws party to mark a decade as high-riding Bucs visit, Twitter divided over viral video of Patrice Motsepe saying 'Africa loves Trump', Motsepe Foundation puts smiles on disadvantaged kids. "Initially, ZCM card holders will be able to deposit and withdraw cash at any of the approximately 14,000 till points at Pick n Pay and Boxer stores nationally, as well as withdraw cash from any ATM. If the content contained herein violates any of your rights, including those of copyright, and/or violates any the above mentioned factors, you are requested to immediately notify us using via the following email address operanews-external(at)opera.com and/or report the article using the available reporting functionality built into our Platform. Would you like to comment on this article or view other readers' comments? "This pilot phase is being conducted in preparation for on-boarding far larger groups of church members throughout the remainder of 2020 and beyond.". Although the two are staying together, he claimed his biological mother was Elizabeth, the bishop's wife. There has recently been rumours that he is Bishop Lekganyane’s little brother. © 2020 Arena Holdings (Pty) Ltd. All rights reserved. He is also one of South Africa's wealthiest men. Dali Mpofu shades John Steenhuisen - 'Good luck in the matric exams', Speechless over eThekwini municipality's R300k Zoom meetings, 'Trump is a crybaby — he must accept defeat' - Malema, City of Tshwane sends out 34 agencies to recoup R13bn from clients. ... low cost by partnering with organisations that have strong existing relationships with customers. Would you like to comment on this article or view other readers' comments? “This partnership also makes me personally very proud as the ZCC is a church that I respect and love a lot. A media statement of the partnership launch, announced at a special ceremony in ZCC headquarters Moria, Limpopo, and attended by the leadership of the church, said that ZCC members would be offered an opportunity to take up the Zion City Moria (ZCM) membership card. According to the statement, the first phase of the partnership is a pilot, which will see a smaller group of ZCC elders taken through TymeBank’s kiosk-based on-boarding process, supported by newly recruited and trained Zetnet agents. “Over the years, we have enrolled our members, on a group basis, as clients of well-established businesses that offer their services to our church members. We have heard about Mr Patrice Motsepe who is forever mentioned on the same line with the richest people in South Africa. Photos: South Africa's mining magnate. Treurnicht said banking fees were getting extremely competitive and consumers were cutting off even that R5 extra in banking fees. Zero-rated data for smart app and Internet banking (no customer data used to access these channels). Business mogul Dr Patrice Motsepe shakes hands with ZCC leader Bishop Dr Barnabas Lekganyane. Nevertheless, Motsepe is now a mining magnate, with a net worth of $2.2 billion, with investments and managerial positions that stretch across several companies. How can the wealth of mining improve lives. But Lekganyane Junior's case appeared shaky when Emelia Lerata, a woman believed to be his mother, insisted he had mental problems. Sowetan reported in May that a 20-year-old man calling himself Tshepo Barnabas Edward Lekganyane Junior wanted the leader of Africa's biggest church to pay him a R50000 monthly maintenance. EXPOSED: Motsepe Is Not Rich The Money He Has Belongs To His... AKA abused me, he would beat me up everyday – Bonang FINALLY opens up about break up. He told Sowetan then: "Emelia (Lerata) was our nanny while I was staying in Moria (the church's headquarters outside Polokwane). Quotations by Patrice Motsepe, South African Businessman, Born January 28, 1962. Often when a black man excels, there's always a story to belittle him. Extra smart shopper rewards (double points earned for purchases in Pick n Pay and points for all purchases outside Pick n Pay). The partnership could come as a welcome boost for the fledgling digital bank which in its first 10 months of operation has managed to sign up one million clients though it does not have branches. © Sowetan. He is pictured here before a friendly match against FC Barcelona, in 2007. Unclaimed benefits: How to find out if you have a share in R42bn pot, Think twice before raiding your pension even if it's a last resort, Warning: stay away from Whatsapp group 'investment adviser', How to keep the sheriff from taking away your furniture, Motsepe apologises for his 'Africa loves Donald Trump' comments. Lekganyane Congradulate his Blood brother Motsepe for bringing Barcelona to Mzansi. South African billionaire Patrice Motsepe hosted a media briefing earlier this morning, in response to claims that he has used his relationship with … Register (it’s quick and free) or sign in now. Content created and supplied by: Kckelvy (via Opera News ). Among the questions now being asked are why Ramaphosa’s brother-in-law, Patrice Motsepe, and Motsepe’s business delegation were spotted in … Talking to CNN's Marketplace Africa, Motsepe delves deep into his business strategy and reveals: "We built a mine in a province where we currently employ 5,000 employees. Motsepe bought a R69 million mansion in Cape Town in 2014, and just a year later, he bought land for R30 million in one of Cape Town’s property hot spots. Please read our Comment Policy before commenting. The ZCM membership card will offer the following: Patrice Motsepe’s TymeBank heads to church. "With the usual rewards available to TymeBank clients [for example extra points] I don't see why churchgoers would not accept this card. Tyme Bank spokesperson Ainsley Moos said ZCC members would get the same products as other bank clients. Mansion of Patrice Motsepe (photo) Patrice Motsepe's house interior (picture) Investment holding company African Rainbow Capital (ARC), which was founded by billionaire SA businessman Patrice Motsepe, announced on Sunday that TymeBank, in which ARC has a majority shareholding, has entered into a partnership with the Zion Christian Church (ZCC) to offer a banking proposition to its members. TymeBank CEO Tauriq Keraan adds: “This exciting partnership between TymeBank and the ZCC reaffirms the strength of our business model and technology, which allows us to scale quickly and at low cost by partnering with organisations that have strong existing relationships with customers. Additional benefits include security access control. He is accusing the charismatic man of the cloth of neglecting him while his "siblings" are trumpeting in the bishop's glory. "The first phase of the partnership is a pilot, which will see a smaller group of ZCC elders taken through TymeBank's innovative kiosk-based on-boarding process, supported by newly recruited and trained Zetnet agents. The banking product will be supported by trained Zetnet-appointed agents using ZCM-branded portable kiosks. (CNN)Patrice Motsepe is a man who quite literally struck gold. “Offering a group-wide banking solution for our members through a financial institution that shares our values means we are able to help look after the financial well-being of our members. Gryphon's banking analyst Casparus Treurnicht said: "TymeBank is trying to reach a lot of people quickly. By partnering with organisations like these they can accumulate a big membership very quickly. About nine million ZCC members are based in South Africa of which about six million are adults, which means there was a good business opportunity for Tymebank while it will be offering a service to ZCC members. He said ZCC had a membership of about 12-million churchgoers, of which nine million were based in SA. About four million members make the annual pilgrimage to Moria in Limpopo every April. In terms of the partnership, ZCC members will be offered an opportunity to take up a Zion City Moria (ZCM) membership card, which will serve as both a membership card and a member’s bank card. Notify me of follow-up comments by email. The DNA results will be presented in court next month. Patrice Motsepe is the founder of African Rainbow Minerals and African Rainbow Capital with interests in mining and banking and is the richest black person in South Africa. 'I wish I was a madam Venter': Dudu Myeni goes on state capture ... Bushiris’ bail bid succeeds: Evangelical couple released on R200,000 each in ... Ayabukwa mourned as police say suspect was killed by community members. A lawyer by education, he was named South Africa's Best Entrepreneur in 2002. Initially, ZCM card-holders will be able to deposit and withdraw cash at any of the approximately 14 000 till points at Pick n Pay and Boxer stores nationally, as well as withdraw cash from any ATM. Please read our Comment Policy before commenting. "This ZCM membership card was the vision and initiative of His Grace, the Right Reverend Bishop Dr BE Lekganyane who took up the first official ZCM membership card at the launch. Launched in February 2019, TymeBank is owned by African Rainbow Capital (ARC), the investment holding company founded by business mogul Dr Patrice Motsepe.
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