South African exec Gerrie Fourie earns $3.3-million salary at Capitec in 2023
Fourie has effectively held the reins as group CEO and executive director of Capitec Bank Group since his appointment in March 2014.
South Africa
South African billionaire Michiel Le Roux suffers $15-million blow
Le Roux holds an 11.39-percent stake in Capitec Bank, or 13,190,043 shares.
5 assets owned by South African businessman Vivian Reddy
Despite a low-key public presence, Vivian Reddy remains a prominent figure in South African business circles.
South African banker Jason Quinn’s salary at Absa amounts to $1.8 million
Quinn also owns a minority stake of 0.012 percent, amounting to 99,814 shares in the financial services giant.
South African tycoon Jannie Mouton suffers $3.7 million loss from Capitec stake
Jannie Mouton is renowned for Co-founding Capitec Bank with Michiel Le Roux, and Riaan Stassen. He presently owns a 5.11-percent stake in Capitec Bank
Rob Hersov: South African billionaire transforming Cape Winelands Airport
In 2021, Hersov acquired the former Fisantekraal airstrip and unveiled his vision to transform it into a vibrant airport and secondary hub for Cape Town.
South African executive Fani Titi earns $9.4-million salary at Investec in 2023
Titi’s compensation package encompasses a base salary of $1.3 million and a performance-based short-term incentive of $1.97 million.
Shoprite, linked to South African billionaire Christo Wiese, sees profits soar to $308 million
Wiese, an influential figure in the retail sector, holds an 11.58-percent stake in Shoprite, valued at over $900 million.
South African tycoon Neal Froneman earns $10-million salary from Sibanye-Stillwater
Froneman, a highly respected executive within the mining industry, has played a pivotal role in the transformation of Sibanye-Stillwater.
7 companies the late South African tycoon Raymond Ackerman owned
Ackerman’s influence extended far beyond his retail empire. He passed away at the age of 92, leaving behind a lasting imprint.
South African tech tycoon Zak Calisto gains nearly $35 million in 18 days
The recent surge in Calisto’s stake is noteworthy, considering he suffered a substantial loss of $18.71 million between Aug. 1 and 21.
South African banker Charles Russon’s salary at Absa amounts to $1.6 million
Russon owns a minority stake of 0.018 percent in Absa Group, which is presently valued at $1.42 million.
Aldworth Mbalati: South African multimillionaire reshaping Africa’s energy sector
Mbalati is more than a businessman; he is a beacon of hope and a driving force in Africa’s energy revolution.
South African tycoon Johan Burger gains $4.4 million from FirstRand stake
Burger, who has been a director at FirstRand since 2009, owns a beneficial 0.110-percent stake, or 6,000,000 ordinary shares, in the leading financial services group.
South African tycoon Raymond Ackerman, founder of Pick ‘n Pay, dies at 92
Ackerman’s passing marks the end of an era in South African retail, but his enduring legacy will continue to inspire future generations.
10 companies linked to South African businessman Saki Macozoma
Billionaires.Africa has meticulously documented Macozoma’s affiliations with various companies where he currently holds leadership positions or has in the past.