South African wine magnate Wendy Appelbaum exports 75% of her output as volumes fall
South Africa's wine exports fell 13.8% by volume last year. Wendy Appelbaum's De Morgenzon ships three-quarters of its output to premium markets.
South Africa Business
Multimillionaire Gerrie Fourie says South Africa's dysfunction is exactly what makes it worth staying for
Capitec co-founder Gerrie Fourie says South Africa's dysfunction creates opportunities unavailable elsewhere and urged South Africans considering emigration to think carefully before leaving.
South African billionaire Rob Hersov tells the mining minister to fix the sector or forfeit the country's future
South African billionaire Rob Hersov has published a second open letter to Minerals Minister Gwede Mantashe arguing that policy failures are destroying South Africa's mining sector.
Standard Bank's new report reveals how Africa's wealthiest think about money and why it differs from the West
A new Standard Bank report released June 4 reveals how Africa's wealthiest think about money, risk and wealth transfer in ways that differ sharply from Western norms.
Tanzania court hears Pula witness testimony in $195 million graphite lawsuit against billionaire Patrice Motsepe's companies
Tanzania's High Court heard witness testimony from Pula Group this week in its $195 million graphite mining lawsuit against companies linked to South African billionaire Patrice Motsepe.
South African multimillionaire Nkululeko Sowazi named as new Investec Bank chair
South African investment veteran Nkululeko Sowazi has been appointed to Investec's board and will become chair of Investec Bank Limited from August 6, 2026.
South African tycoon Robert Gumede takes on Transnet in rail tender court fight
Businessman Robert Gumede has launched a court challenge against Transnet over a rail tender accused of favouring foreign suppliers.
Woolworths CEO Roy Bagattini seals in2food deal to control its premium meals supply chain
Woolworths is buying 100% of in2food Holdings from its founders and Old Mutual Private Equity in a cash deal expected to lift earnings immediately.
Stephen Saad's Aspen Pharmacare predicts double-digit growth despite tough first half
Aspen Pharmacare reported a steep drop in first-half earnings due to one-off restructuring costs but expects double-digit profit growth by year-end.