Capitec billionaire Michiel le Roux gave the Democratic Alliance more than half its funding
Capitec founder Michiel le Roux gave R55 million to the Democratic Alliance, 53% of its funding, before South Africa's November elections.
South Africa
South African mining tycoon Daphne Mashile-Nkosi could lose her mine over a $375 million debt
A court cleared the IDC to put Kalagadi Manganese into business rescue over $375 million. The lender was Daphne Mashile-Nkosi's first backer.
South African billionaire Johann Rupert is $1.3 billion richer on a Cartier jewellery boom
Johann Rupert's fortune has risen to $17.4 billion from $16.1 billion in March, driven by record jewellery sales at Cartier and Van Cleef.
Elon Musk's SpaceX to test Starlink links with South Africa ground stations
SpaceX will test laser links between new Starlink satellites and ground stations in South Africa, the one African market where Starlink cannot legally sell service.