South African businessman Josua Maherbe’s stake in Remgro falls below $10 million
Malherbe’s role as a non-executive deputy chairman of Remgro has positioned him as one of the company’s top individual shareholders.
South Africa
5 companies linked to South African businessman Sello Moloko
Billionaires.Africa has identified and cataloged various companies linked to South African businessman Sello Moloko.
Dangote, Rupert, Motsepe, and others too poor to rank among world’s 100 richest billionaires
The challenges faced by Africa’s billionaires in their pursuit of global wealth rankings serve as a stark reminder of the complex dynamics at play in the global market.
South African tech tycoon Zak Calisto gains nearly $140 million as Karooooo surges on Nasdaq
With a market value of more than $600 million from his 74.73-percent shareholding in Karooooo, Calisto is one of Africa’s wealthiest technology entrepreneurs.
South African businessman Gus Attridge earns $1.3-million salary from Aspen
Apart from his executive and governance roles in Aspen Pharmacare, Attridge owns a notable 4.28-percent stake in Aspen.
South Africa’s Ackerman family loses $55 million in 22 days from Pick ‘n Pay shares
The Ackerman family, known for their immense wealth, expansive real estate ventures, and diverse private holdings, owns a substantial 25.53-percent stake in Pick ‘n Pay.
Led by South African Saltzman family, Dis-Chem’s earnings slump below $40 million
The billionaire Saltzman family, who currently own a 35.1-percent stake in Dis-Chem, have solidified their status as one of the wealthiest families in South Africa.
South African exec Andre du Plessis earns $1.7-million salary at Capitec in 2023
Since Capitec was founded 20 years ago by du Plessis, South African billionaire Michiel Le Roux, and leading businessmen Jannie Mouton and Riaan Stassen.
Bob van Dijk, former CEO of Africa’s largest company, suffers $9-million loss in 57 days
Van Dijk, former CEO of Africa’s biggest company, suffers $9-million loss in 57 days.
Sibanye, under South African mogul Neal Froneman, loses over half its value in 2023
South African multinational precious metal mining group, under the leadership of CEO Neal Froneman, has witnessed a dramatic decline in its share value.
South African tycoon Adrian Gore gains $21 million from investment in Discovery
As the founder of the leading financial services group, Gore owns a 12.96-percent stake in Discovery, which amounts to 87,267,598 ordinary shares.
Fani Titi, one of Africa’s leading executives, urges South Africans to ditch ‘useless’ politicians
Titi also acknowledged reasons for hope, highlighting a growing awareness of the urgent need for action to address South Africa’s challenges.
5 companies linked to South African businesswoman Noluthando Gosa
Gosa owns a substantial 6.15-percent stake in ArcelorMittal South Africa, a Gauteng-based steelmaker.
South African exec Terence Sibiya earns $1.1-million salary from Nedbank in 2022
Sibiya was appointed Nedbank’s managing executive for the rest of Africa in 2018, and, in 2020, he joined the group executive committee.
South African tycoon Jens Montanana suffers $6.4-million loss from Datatec stake
Montanana maintains his status as one of the wealthiest investors on the Johannesburg Stock Exchange.
Meet South African entrepreneur Paul Mashegoane: A serial company creator
Mashegoane’s journey is a testament to what can be accomplished when ambition, innovation, and a deep commitment to societal growth converge.