South Africa's richest man might be looking to sell luxury watchmaker Jaeger LeCoultre
Sale talk is swirling around Jaeger LeCoultre, and Rupert controlled Richemont is under pressure to prove its watch strategy after a brand disposal.
South African billionaire
South African businesswoman Gloria Serobe’s Wiphold and PIC acquire Zaad seed group for $87 million
Wiphold and the PIC are buying Zaad Group for R1.4bn, betting better seeds and crop protection can help shore up food supply.
Billionaire Patrice Motsepe seen as potential catalyst for South Africa's mining revival
Analysts believe Patrice Motsepe’s mining experience could help reverse South Africa’s long decline in exploration, output and investor confidence.
South African billionaire Michiel Le Roux’s Capitec to grow branches and ATM network as rivals scale back
Capitec plans to expand branches and ATMs in 2026, betting that physical access still matters as rivals cut networks and push deeper into digital banking.
South African businessman Saki Macozoma says $723 million Exxaro deal proves BEE can build lasting mining value
Saki Macozoma says a R11.67bn manganese sale to Exxaro shows black economic empowerment can create lasting value despite years of public criticism.
Discovery’s Adrian Gore warns South Africa: don’t squander the green shoots
Adrian Gore says South Africa is finally seeing green shoots, but warns careless policy moves and weak execution could waste a rare reform window.
Shoprite, partly owned by Christo Wiese, hits 100th solar site, seeks new partners
Shoprite reaches its 100th solar site in South Africa, boosting renewable power while seeking new energy wheeling partners.
Patrice Motsepe joins world’s top 1,000 richest as net worth tops $4 billion
Patrice Motsepe enters the world’s top 1,000 richest as his net worth climbs above $4 billion, driven by gains in mining and investments.
South African billionaire Zak Calisto's Karooooo posts $86.1 million in quarterly revenue
Karooooo Says Cartrack Growth Picked Up in Q3 as Recurring Revenue Jumps and Subscriber Adds Hit Record
South African billionaire Johann Rupert’s Richemont posts $20 billion in nine-month revenue
Richemont reports $20 billion in nine-month sales, driven by jewelry growth and strong retail performance worldwide.
Patrice Motsepe overtakes Koos Bekker as South Africa’s third-richest man
Motsepe edges past Bekker, reaching $3.9 billion to become South Africa’s third-richest, fueled by mining stakes and market gains.
Billionaire Jannie Mouton’s Curro takeover raises tax questions for investors in Capitec and PSG share swap
Jannie Mouton’s Curro deal swaps investors into Capitec and PSG shares, triggering fresh questions about tax dates, valuations and record keeping.
Second African billionaire to hit $20 billion? SA tycoon nears milestone
South African billionaire Johann Rupert nears $20 billion fortune as Richemont shares rise, closing in on a historic African wealth milestone.
South African billionaire Patrice Motsepe nears $4 billion as 2026 brings fresh gains
South African billionaire Patrice Motsepe nears $4 billion with gains from ARM, Harmony Gold, and Tyme Group.
South African billionaire Michiel Le Roux gains $1.1 billion from Capitec in 2025
Capitec Bank’s 2025 share rally lifted Michiel Le Roux’s stake by $1.1 billion, boosted by strong earnings and a firmer rand.
South African billionaire Christo Wiese’s Premier Group targets $1.7 billion in revenue
South African billionaire Christo Wiese’s Premier Group aims for $1.7 billion revenue with RFG Holdings acquisition.