Cape Town runs short of luxury homes as millionaires move in
Millionaires from Johannesburg and abroad are competing for a shrinking supply of luxury homes in Cape Town, with some houses selling within days of listing.
Cape Town
Cape Town, Marrakesh, Nairobi stand out as Africa’s ultra-rich hubs
A new class of centimillionaires (people with $100 million or more in investable assets) is not just growing in number but also in presence.
Shoprite, linked to billionaire Christo Wiese, set to launch clothing stores in Cape Town
Wiese owns an 11.63-percent stake in the company.