South African banker Sim Tshabalala earns $2.8-million salary from Standard Bank in 2022
Since assuming the mantle of CEO, Tshabalala has led Standard Bank Group to impressive financial milestones.
South Africa
South African executive scores big with $55-million gain from Aspen Pharmacare
South African executive Michael Guy Attridge (Gus Attridge) has witnessed a remarkable year-to-date gain of more than $55 million from his stake in Aspen Pharmacare
Michael Jordan’s net worth surges to $3.5 billion, surpassing Jay-Z and Oprah Winfrey
With this achievement, Jordan ascends to the position of the third-richest Black billionaire in the United States.
Aiteo Group counters with concrete facts baseless allegations against its founder and CEO — Nigerian billionaire Benedict Peters
In a world where misinformation can spread at an alarming pace, the responsibility of credible journalism becomes paramount.
Africa’s first Black billionaire Patrice Motsepe proposes BRICS visas targeting entrepreneurs
Motsepe acknowledged governments’ legitimate reservations about safeguarding their sovereignty while fostering economic growth.
Distressed fund founded by South African tycoon Sisa Ngebulana to offload $380 million in assets
Rebosis Property Fund was established by Ngebulana in 2010.
South African executive Anton De Bruyn’s salary at Shoprite amounts to $1 million
De Bruyn’s 2022 compensation package comprises a secure base pay of $323,500 and a performance-based short-term incentive of $260,000.
South African tycoon Gary Nagle loses $3 million from stake in world’s largest mining group
South African business executive Gary Nagle owns a 0.016-percent stake in Glencore, or 2,000,000 shares.
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.
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.