South African billionaire Michiel Le Roux eyes $22 million in Capitec Bank dividends in May
The 73-year-old businessman who founded Capitec Bank owns a sizeable 11.41 percent stake in the bank.
South Africa
South African mogul Adrian Gore loses $41.2 million from stake in Discovery in eight days
Gore, who launched the financial services organization in 1992, controls a 7.48-percent stake in the group.
Billionaire Patrice Motsepe’s ARM anticipates 24-percent drop in earnings in H1 2022
ARM is a significant South African mining and minerals firm with holdings in a variety of mines.
Christo Wiese-linked retailer Steinhoff starts payouts under $1.62-billion settlement
The move comes nearly three weeks after it received approval from a Cape Town high court to pay the investors.
South African executive Alan Pullinger gains more than $1 million from stake in FirstRand
Pullinger holds a minority shareholding of about 0.1 percent in the group.
Billionaire Patrice Motsepe-linked Sanlam opens three new offices in Togo
Motsepe owns a minority stake in Sanlam through his financial business Ubuntu-Botho Investments.
South African Exxaro Resources mining giant names CEO designate
Exxaro Resources has announced Nombasa Tsengwa as its new CEO-designate.
Fugitive multimillionaire pastor Shepherd Bushiri faces extradition to South Africa
Pastor Shepherd Bushiri could soon be extradited from his home in Malawi.