South African financier Magda Wierzycka may leave the investment firm she founded
Sygnia founder Magda Wierzycka says she may reconsider her future at the firm if shareholders vote down an expanded share option scheme.
South Africa
South African pharma tycoon Stephen Saad's Aspen shares gain $142 million in 2026
Aspen Pharmacare's founder holds shares worth $558.7 million after a 34% rally this year, yet the stake remains $1 billion below its 2015 peak.
Indian billionaire Anil Agarwal completes $466 million expansion of South African zinc mine
President Cyril Ramaphosa opened the expansion of Anil Agarwal's Gamsberg zinc mine and pressed Vedanta to process more of the metal in South Africa.
South African billionaire Christo Wiese's R1 million Shoprite bet nears R200 billion
In 1979, Christo Wiese and Whitey Basson paid R1 million for eight grocery stores. Today Shoprite is Africa's largest retailer, worth almost R200 billion.
Aspen Pharmacare's $1.6 billion APAC sale adds $33 million to Stephen Saad's net worth
Aspen Pharmacare shares surged 7% after completing its R27bn APAC sale, adding approximately R550 million ($33.5 million) to Stephen Saad's fortune in a single trading session.