South African executive Andre Joubert sells $1.33 million in shares in leading miner, ARM
Joubert has been the CEO of ARM’s Ferrous Division since July 2012.
South Africa
South African billionaire Patrice Motsepe-linked Sanlam finalizes UK divestment
The divestment is consistent with the group’s strategy to simplify its UK operations.
South African businessman Justin Coetzee’s GoMetro raises $1 million in seed extension round
GoMetro was founded in 2012 as South Africa’s first real-time public transportation information system.
South African mogul Jens Montanana’s Datatec acquires Northern Sky Research
Montanana’s 11.98-percent stake in Datatec is valued at $63 million.
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 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.