Cape Town – Billionaire businessman Patrice Motsepe has publicly denied rumours that he plans to run for political office or become the next president of the African National Congress.
Speaking to shareholders of African Rainbow Minerals on Friday, Motsepe dismissed the “PM27” campaign promoting him as a successor to Cyril Ramaphosa, saying the claims are false and that he does not know who is behind the initiative.
“I ignore these things. It’s false, unfounded. I would never go and fund people to buy t-shirts. PM 27 could also mean post-meridian.”
He suggested the campaign may be an attempt to damage his reputation.
[WATCH] Businessman Patrice Motsepe has reiterated his stance never to stand for political election. He says reports that he will run for the ANC presidency are false. #Newzroom405 pic.twitter.com/2oyaVcuLtI
— Newzroom Afrika (@Newzroom405) March 6, 2026
In recent months, a campaign dubbed “PM27” has surfaced, promoting the idea of Motsepe becoming the ANC’s next president. The slogan has appeared on T-shirts, and a website, pm27.org.za, has also recently been launched.
Motsepe said he is unaware of who is responsible for the campaign.
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Compiled by Betha Madhomu
