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Billionaire Patrice Motsepe steps down as chairman of ARM

South African billionaire Patrice Motsepe has stepped down as executive chairman of African Rainbow Minerals (ARM) on Monday, 16 February 2026. His retirement follows the JSE Simplification Project, where, in its new listing forms, the chair is not allowed to serve as an executive director, as reported by BusinessTech. He will, however, remain on the miner’s board as a non-executive member chairman. MOTSEPE STEPS DOWN AS CHAIRMAN OF ARM Motsepe …

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South African billionaire Patrice Motsepe has officially retired from his position as executive president of African Rainbow Minerals (ARM), which he founded in 1997. This decision, effective February 16, 2026, comes in response to the new listing requirements of the Johannesburg Stock Exchange (JSE), which now forbids the president of a listed company to practise in a...

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Miningmx broke the news in on Monday, February 16, 2026.
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