South African tycoon Stephen Saad's Aspen pulls out of making the HIV prevention shot
Aspen has withdrawn from South Africa's plan to make Gilead's HIV prevention injection locally, with Stephen Saad citing the absence of purchase guarantees.
South Africa
Billionaire Nicky Oppenheimer sold 40% of De Beers for $5.1 billion. All of it now fetches $1 billion
Nicky Oppenheimer sold the family's 40% stake in De Beers for $5.1 billion in 2011. Anglo is now selling 85% of it for about $1 billion.
South African tycoon Sandile Zungu's Sizekhaya Holdings wins $4.9 billion national lottery contract
Sandile Zungu's Sizekhaya takes over South Africa's national lottery on June 2 but faces a court challenge from Ithuba, which says the R80bn contract was awarded unlawfully.