South African billionaire Michiel Le Roux’s Capitec stake rises to $2.6 billion
Michiel Le Roux’s Capitec stake climbs to $2.64 billion after a strong share rally, adding $105 million in two weeks.
South African billionaire
Reinet, led by Johann Rupert, posts $7.9 billion in net assets
Reinet, led by Johann Rupert, posts $7.89 billion in net assets as it shifts away from tobacco and toward diversified, long-term investment growth.
Patrice Motsepe’s firm barred from phosphate asset
Conservationists have fought against the project from the start, warning it could cause lasting damage to one of South Africa’s most sensitive ecosystems.
Capitec to pay $47.6 million to three South African shareholders
Capitec to pay $47.6 million to three South African shareholders
Jannie Mouton’s Capitec Bank stake gains $209 million
The rise in Jannie Mouton’s stake in Capitec Bank strengthens his position among South Africa’s billionaires.
CIVH, backed by Johann Rupert’s Remgro, valued at $667 million
The decline has sparked debate, with Remgro recently valuing Maziv at $2.8 billion, outpacing even larger rivals like Telkom.
Michiel le Roux’s Capitec Bank posts record $742.5 million profit
The performance underlines the leading retail bank’s ability to deliver in a challenging global economic environment.
Hilton Schlosberg: South African co-founder of $57 billion Monster Beverage
Hilton Schlosberg transformed Monster Beverage from a struggling juice company into a $57 billion giant.
Nicky Oppenheimer’s net worth rises by $700 million
The recent upswing is largely credited to the revaluation of his wide-ranging private investments.
Internet group led by South African billionaire Koos Bekker to invest $20 billion in Europe
Prosus, which holds a diverse portfolio spanning fintech, social media, edtech, and food delivery, is doubling down on growth opportunities in the region.
Patrice Motsepe faces $195-million lawsuit over alleged non-compete breach in Tanzania
Motsepe denies allegations, calls claims "absolute rubbish" as lawsuit escalates in Tanzania's commercial court.
The 8 biggest donations by Patrice Motsepe: How he is building a legacy of impact
Patrice Motsepe’s transformative philanthropy showcases his commitment to addressing Africa’s pressing challenges, building a legacy of impact that extends far beyond his business success.