South African tycoon Laurie Dippenaar suffers $7-million loss from FirstRand stake
Dippenaar presently holds a 1.76-percent stake in FirstRand, equivalent to 98,726,988 shares.
South Africa
King Mswati III of Eswatini left off BRICS summit invitation list
The omission of King Mswati III of The Kingdom of Eswatini from the guest list for the upcoming BRICS Summit has triggered discussions
Patrice Motsepe advocates for BRICS partnerships to drive Africa’s growth
Motsepe serves as the inaugural chairperson of the BRICS Business Charter in South Africa.
South African-born tycoon Barry Stuhler loses $9.1 million from Lighthouse stake
Stuhler owns a 9.72-percent stake in Lighthouse Properties. His stake amounts to 172,699,222 shares in the Malta-based property company.
South African banker Sim Tshabalala gains $1.2 million from investment in Standard Bank
Tshabalala, who assumed the role of CEO in September 2017, holds a minority stake of 0.031 percent in Standard Bank.
Piet Mouton: South African billionaire holding $580 million in Capitec shares
Mouton’s rise from corporate corridors to billionaire status epitomizes visionary entrepreneurship and leadership.
South African executive July Ndlovu drives Thungela’s expansion despite declining demand
Ndlovu drives Thungela’s expansion despite declining demand.
South African banker Alan Pullinger’s salary at FirstRand amounts to $2.5 million
Pullinger owns a beneficial 0.11-percent stake in the financial services giant — a stake presently valued at more than $20 million.
South African tech tycoon Zak Calisto suffers $18.7-million loss
Calisto, who founded Karooooo in 2001 to provide stolen car recovery services in South Africa, holds a 74.73-percent stake in the company.
5 companies owned by South African businessman Des de Beer
De Beer, a prominent property tycoon and influential business executive, stands among South Africa’s wealthiest individuals.
South African tycoon Neal Froneman loses nearly $7 million in just over 100 days
Froneman owns a 0.3-percent stake, or 8,382,849 ordinary shares, in the precious metal mining group.
Mary Vilakazi: South African business executive earning millions from FirstRand
Appointed as FirstRand’s COO in July 2018, Vilakazi has played a pivotal role in propelling the institution’s sustained expansion.
South African tycoon Des de Beer’s REIT sells $51-million stake in UK company
Under the leadership of de Beer, Resilient has emerged as a key player in the real estate sector.
Cameroon’s richest man Baba Ahmadou Danpullo brings MTN to its knees
Earlier this year, Danpullo accused First National Bank of orchestrating the misleading seizure and liquidation of his South African properties.
South African tycoon Steve Phiri to earn $2.8 million as Implats finalizes takeover
An additional payment of R7 million ($369,000) for Steve Phiri and R5 million ($263,300) for Neil Carr will also be made over the next year.
5 companies linked to South African tycoon Mohammed Akoojee
The 2022 acquisition of Imperial Logistics by DP World, guided by Akoojee, underscored his role in driving organizations to unparalleled success.