South African banker Faisal Mkhize’s salary at Absa tops $1 million
Mkhize is a seasoned veteran renowned for his extensive knowledge within South Africa’s financial services sector.
South Africa
South African billionaire Laurie Dippenaar loses $41 million in FirstRand stake
Presently, Dippenaar holds a 1.76-percent stake in FirstRand, or 98,726,988 shares.
Liquidators pick 10,000 members for payout from South African tycoon Cornelius Steynberg’s firm
This comes as a U.S. federal court ordered Cornelius Steynberg to pay $3.4 billion in restitution to victims of forex fraud.
South African-born billionaire Patrick Soon-Shiong loses $250 million
Despite the recent financial setback, Soon-Shiong’s influence in the medical field and his entrepreneurial spirit remain undiminished.
South African exec Margaret Nienaber’s salary at Standard Bank amounts to $2.3 million
As one of the top figures in the group, Nienaber has made significant contributions to the remarkable financial achievements of Standard Bank Group.
South Africa’s richest man Johann Rupert’s firm to reward investors with $48.2-million dividend
Remgro Limited is a leading investment holding company led by South Africa’s richest man Johann Rupert.
South African exec Charles Molapisi earns $1.4-million salary from MTN in 2022
Beyond his executive and governance roles, Molapisi also holds a minority stake in MTN, owning 0.0029 percent of the leading telecom company.
South African exec Richard Wainwright earns $2.7-million salary at Investec in 2023
Wainwright’s dedication and strategic vision have undoubtedly contributed significantly to Investec’s continued success.
South African billionaire Koos Bekker’s net worth slumps by $100 million
Despite these setbacks, Bekker remains one of the most affluent billionaires in Africa, boasting a net worth of $2.3 billion.
South African billionaire Adrian Gore-led group posts $280 million in profit in 2023
Discovery was founded in 1992 by Gore as a medical insurer.
5 companies linked to South African executive Josua Malherbe
Beyond his executive and governance roles, Malherbe also owns a total equity stake of 1,178,995 ordinary shares in Remgro.
South Africa’s second-richest man Nicky Oppenheimer hit by $200-million loss in 2 days
Despite the recent decline in his fortune, Oppenheimer’s year-to-date gain presently aggregates to a substantial $925 million.
South African exec Basil Sgourdos receives $4.3-million salary from Naspers in 2023
Sgourdos has been the group CFO and financial director of Naspers since 2014.
Nigerian billionaire Mike Adenuga in spotlight over $260-million debt and bribery allegations
Adenuga, whose net worth stands at $3.5 billion, ranks as one of Nigeria’s most prominent and wealthiest businessmen.
South Africa’s richest man Johann Rupert loses $3.4 billion in just 10 weeks
Despite this recent setback, Rupert retains his status as South Africa’s wealthiest individual, surpassing fellow South African magnate Nicky Oppenheimer.
7 companies linked to South African tycoon Sim Tshabalala
Billionaires.Africa has discerned five enterprises, in which Tshabalala assumes directorial or executive responsibilities.