South African exec Funeka Montjane earns $2-million salary from Standard Bank
Montjane’s 2022 compensation package marked an impressive 9.47-percent increase over the previous year’s total reward.
South Africa
South African billionaire Patrice Motsepe’s ARM pursues lithium and copper assets
Motsepe expressed concerns about the soaring prices of these essential metal assets in the context of the clean energy transition.
South African banker Mike Davis receives $1.4-million salary from Nedbank in 2022
Davis, a leading South African banker and executive ranks as one of the country’s most affluent executives.
South African-born billionaire Patrick Soon-Shiong gains $180 million
Patrick Soon-Shiong’s net worth has experienced a significant upswing, rising from $8.68 billion on August 28 to an impressive $8.86 billion
Africa’s first Black billionaire Patrice Motsepe to receive $56 million in dividends from ARM
Motsepe, who founded ARM in 1997 as South Africa’s first Black-owned mining firm, presently owns a 40.37-percent stake in the company.
South African banker Harry Kellan earns $1.9-million salary from FirstRand
In recent years, Kellan has become an indispensable figure within FirstRand’s executive team.
5 companies linked to South African billionaire Ivan Glasenberg
Glasenberg’s substantial stake in Glencore, acquired through his funds and dividends, now stands at 9.81 percent, worth $6.67 billion.
South African billionaire Patrice Motsepe’s ARM sees profits fall below $500 million
African Rainbow Minerals (ARM) is a South Africa-based diversified mining group led by influential billionaire Patrice Motsepe,
Nishlan Samujh: 48-year-old South African tycoon with $2.2-million stake in Investec
Samujh’s journey is not just a story of personal financial success but a testament to his strategic prowess in propelling Investec to new heights.
South African tycoon Adrian Gore gains $36 million from investment in Discovery
Gore holds a significant 7.48-percent stake in Discovery, which amounts to 48,599,758 ordinary shares.
South African executive Nishlan Samujh earns $5.4-million salary at Investec
Beyond his executive and governance responsibilities, Samujh holds a substantial 3.13-percent stake in Investec.
South African tycoon Mxolisi Mgojo suffers $1.4-million loss from Exxaro stake
Despite the recent decline in the market value of his stake, Mgojo remains one of South Africa’s most esteemed executives.
South African multimillionaire Barry Swartzberg loses $11 million in 29 days
Swartzberg owns a 3.92-percent stake in the Sandton-based financial services group.
South African banker Arno Daehnke earns $2.3-million salary from Standard Bank
Daehnke’s career spans over two decades, and he has played diverse roles within Standard Bank Group since joining in 2001.
South African billionaire Stephen Saad’s Aspen partners with Eli Lilly to expand medical access
Aspen Pharmacare, founded by Saad in 1997, has steadily fortified its global presence in the pharmaceutical sector for over two decades.
Whitey Basson: South African tycoon who turned Shoprite into a retail giant
Basson’s tenure at the helm of Shoprite marked a remarkable era that redefined the retail landscape through innovative strategies.