South African tycoon Adrian Gore makes $51 million in one month from Discovery shares
As the founder of Discovery Limited, Gore owns a 12.96-percent stake in the group, which amounts to 87,267,598 ordinary shares.
South Africa
5 companies owned by South African businessman Gus Attridge
At the helm of Aspen Pharmacare, Attridge has made significant contributions to Africa’s healthcare sector.
South African-born billionaire Patrick Soon-Shiong YTD gains surpasses $1 billion
Soon-Shiong’s 80 percent ImmunityBio stake powers billion-dollar resurgence.
Africa’s first Black billionaire Patrice Motsepe’s ARM acquires stake in South African nickel mine
This acquisition aligns with Motsepe’s earlier announcement of ARM’s proactive pursuit of valuable lithium and copper assets.
South African exec Anton Gildenhuys earns $1.1-million salary from Sanlam
Gildenhuys has been the CEO of Sanlam Retail Affluent since Sept. 14, 2020.
South African tycoon Andre Du Plessis gains $17.33 million as Capitec shares soar
This significant increase in Du Plessis’s stake solidifies his position among the wealthiest investors on the Johannesburg Stock Exchange.
Jason Quinn: First person ever to serve as CEO of two ‘Big Four Banks’ in South Africa
Given Quinn’s performance at Absa Group, he emerged as the ideal candidate to succeed Mike Brown at Nedbank Group.
South African tycoon Jens Montanana loses $5 million from Datatec stake
Under Jens Montanana’s leadership, Datatec has expanded to more than 50 countries in North America, Latin America, Europe, Africa, the Middle East, and the Asia-Pacific.
Africa’s first Black billionaire Patrice Motsepe hit by $100-million loss in 8 days
Motsepe became the continent’s first Black billionaire in 2008 thanks to a fortune amassed in the mining industry through ARM.
Nedbank welcomes South African banker Jason Quinn as chief executive
Quinn joins Nedbank from Absa Group, where he served as the financial director of both Absa Group and Absa Bank.
South Africa’s second-richest man gains $750 million in November
With his fortune pegged at $9.33 billion, Oppenheimer now ranks as the world’s 241st richest individual.
Kampala court halts bid by struggling Ugandan tycoon to reclaim assets mortgaged to South African creditors
Prior to the recent ruling, the International Chamber of Commerce Court of Arbitration ordered Bitature, his wife, and their companies to pay a total of $65.7 million.
South African banker Anel Bosman earns $1.7-million salary from Nedbank in 2022
Bosman, a veteran in the banking industry, boasts decades of experience in South Africa’s financial services sector.
South African mogul Neal Froneman-led mining group launches $500-million bond to fuel growth
Froneman — a driving force behind Sibanye-Stillwater’s transformation — holds a 0.3-percent stake in the precious metal mining group.
Africa’s first Black billionaire-linked telecom firm to state case in Vodacom-BVI merger
Rain Limited is a South African mobile communications company partly owned by Paul Harris, Michael Jordaan, and Patrice Motsepe
South African tycoon Kennedy Bungane-led African Bank nears 4-million-customer mark
Bungane underscores the audacity necessary to transition African Bank from a mono-line credit lender to a comprehensive retail and business bank.