5 organizations linked to Kgalema Motlanthe, South Africa’s third president
Motlanthe’s influence extends to several organizations, and here are five prominent ones where he holds substantial ownership or influential board positions.
South Africa
South African tycoon Eric Ellerine suffers $5.4-million loss from Sabvest Capital stake
Ellerine owns a 9.52-percent stake in Sabvest Capital, making him the second-largest shareholder in the investment holding company.
South African executive Richard Stewart earns $3.1-million salary from Sibanye-Stillwater
Stewart transitioned to the role of chief regional officer in May 2022 after serving as the group’s COO from December 2020 to April 2022.
South African tycoon Neal Froneman loses $2.1 million in 19 days
The double-digit slump in the shares of Sibanye-Stillwater has significantly impacted the market value of Froneman’s stake.
South African businessman Mteto Nyati steps down from Nedbank board
Nyati is widely recognized as an inspiring leader with a proven track record of successfully executing growth and turnaround strategies.
South African tycoon Andre Du Plessis becomes $11 million richer as Capitec shares soar
Du Plessis, a prominent South African businessman, owns a beneficial 0.78-percent stake in Capitec Bank.
Meet Sello Moloko, South African tycoon behind multimillion-dollar investment empire
Moloko stands as a beacon of hope in the fast-paced business world and financial services industry.
5 companies owned by South African businessman Barry Swartzberg
Billionaires.Africa has identified and cataloged various companies and holdings linked to Swartzberg.
South Africa’s richest man Johann Rupert loses another $600 million
Despite this recent setback, Rupert retains his status as South Africa’s richest man, ahead of Nicky Oppenheimer.
South African billionaire Stephen Saad earns $2-million salary from Aspen in 2023
Apart from his executive and governance roles in Aspen Pharmacare, Saad also holds a controlling 12.5-percent stake in the company.
Pick ‘n Pay, led by South African Ackerman family, launches food waste reduction initiative
This initiative underscores the Ackerman family’s commitment to reducing food waste and promoting sustainability in South Africa’s retail landscape.
South African exec Mary Vilakazi’s earns $1.68-million salary from FirstRand in 2022
Vilakazi’s tenacity, strategic prowess, and commitment to excellence have propelled her to the top job at FirstRand.
Africa’s biggest lender appoints South African mogul Johan Burger as chairman
The board has expressed confidence that Burger’s appointment meets the necessary criteria for independence and competence.
South African billionaire Saltzman family suffers $34-million loss in 72 days
Since the Saltzmans founded Dis-Chem Pharmacies more than four decades ago, it has grown into one of the country’s leading retail healthcare groups.
South African tycoon Jens Montanana earns $11.9-million salary from Datatec in 2023
Under the leadership of Montanana, the tech group recorded a comprehensive income of $70.62 million at the end of its 2023 fiscal year.
South African banker Ciko Thomas earns $1.5-million salary from Nedbank in 2022
Thomas has effectively held the reins as group managing executive for retail and business banking at Nedbank Group since his appointment in 2016.