The CAF Returns to Profit Under Patrice Motsepe’s Leadership
Under Patrice Motsepe, CAF posted a $9.48m profit, boosting prize money as African billionaires deepen their investment in football.
South African billionaire
Since 2021, billionaire Patrice Motsepe has bankrolled six SA parties to the tune of $3.5 million
South African billionaire Patrice Motsepe has disclosed R62.5m in donations to six parties since 2021, with the ANC taking the biggest share, filings show.
South African billionaire Michiel Le Roux’s Capitec targets SMEs with fintech push
Capitec Bank partners with fintech startup Stub to give small businesses real-time access to banking data and boost South Africa’s SME growth.
South African billionaire Mark Shuttleworth donates $1 Million to save the world’s largest flying bird
The Ubuntu founder’s donation gives new momentum to a global conservation effort to protect the wandering albatross.
South African billionaire Zak Calisto’s Karooooo drops below $1.5 billion
Karooooo shares fall 16 percent as investors take profits, cutting South African billionaire Zak Calisto’s stake to $847 million.
South African billionaire Zak Calisto’s Karooooo posts $20.5 million profit in Q2 as subscriptions jump 20%
Calisto says subscription revenue growth accelerated to 20%, supported by strong unit economics and a clean balance sheet.
Shoprite shares fall, costing South African billionaire Christo Wiese $40 million
Christo Wiese loses $43.7 million after Shoprite shares dip, highlighting strain in South Africa’s retail sector.
South African billionaire heir Hanneli Rupert is building Africa’s next luxury brand—on her terms
Born to South African luxury royalty, Hanneli Rupert is building an ethically minded brand—and network—on her own terms.
South African billionaire Michiel Le Roux set for $20 million Capitec dividend
South African billionaire Michiel Le Roux set for $20.08 million payout as Capitec lifts dividend on strong earnings.
South African billionaire Michiel Le Roux’s Capitec reports $326 million half-year profit
Capitec Bank, founded by billionaire Michiel le Roux, posted $326.4 million profit in H1 2026, lifted by higher income and tight cost control.
South African billionaire Patrice Motsepe’s net worth rebounds to $3.4 billion
South African billionaire Patrice Motsepe’s net worth rises to $3.4 billion after gains in Harmony Gold offset earlier losses.
Prosus, led by South African billionaire Koos Bekker, takes Rapido stake in $270 million deal
Prosus, chaired by Koos Bekker, invests $221.76 million in India’s Rapido, deepening its push into mobility after Swiggy’s exit.
South African billionaire Michiel Le Roux gains $87 million from Capitec stake
Capitec Bank co-founder Michiel Le Roux adds $87 million to his wealth after the bank’s stock surge boosts its market value past $24 billion.
South Africa’s second-richest man, Nicky Oppenheimer, is $1.75 billion richer so far in 2025
South African billionaire Nicky Oppenheimer grows his fortune to $13.3 billion after a $1.75 billion gain in 2025.
South African billionaire Johann Rupert’s Richemont watch brand sets up first U.S. boutique
The store marks Watchfinder’s first permanent boutique in the American market, offering customers an opportunity to experience its inventory in person.
South African businesswoman Ipeleng Mkhari named chair of real estate giant Attacq
South African entrepreneur Ipeleng Mkhari has been named chairperson of Attacq Ltd, the ZAR 11 billion real estate investment trust behind Waterfall City. Her appointment signals fresh leadership and renewed growth ambitions for the property giant.