South African businessman Eric Diack leads AfriSam sale to West China Cement
West China Cement seeks to acquire South Africa’s AfriSam, led by Eric Diack, as Chinese firms expand in African construction markets.
South African businessman
South African businessman Donovan Chimhandamba lands $75 million AfDB funding for titanium firm
South African businessman Donovan Chimhandamba’s Nyanza Light Metals secures $75 million from AfDB to scale titanium processing and boost Africa’s industrial growth.
Markus Jooste’s former coastal estate expected to top $5.8 million
A Hermanus coastal estate once owned by Markus Jooste is drawing top bids, expected to exceed $5.8 million.
South Africa’s Cobus Stofberg adds $7.97 million from Naspers stock surge
South African businessman Cobus Stofberg gains $7.97 million from Naspers surge, lifting his stake to nearly $130 million.
South African tycoon Adrian Gore to pocket $5.3 million in dividends from Discovery
Discovery co-founder Adrian Gore set to receive $5.3 million in dividends as insurer posts strong 2025 results.
South African businessman Lazarus Zim sued for $7 million in BEE dispute
South African businessman Lazarus Zim battles a $7 million lawsuit linked to Northam Platinum’s BEE restructuring.
South African businessman Mario Maio’s ACDC Dynamics acquires battery firm
South African businessman Mario Maio’s ACDC Dynamics acquires Blue Nova Energy from Reunert to expand lithium-ion battery operations amid easing load-shedding.
South African businessman Christopher Seabrooke’s Sabvest stake falls below $100 million
Christopher Seabrooke’s Sabvest stake slips to $84 million as shares fall 14.55 percent since mid-June.
South African businessman Hendrik du Toit’s Ninety-One hits $187 billion in managed assets
Ninety One, led by Hendrik du Toit, hit $187.9 billion in AUM as of June 2025, reflecting global momentum, strategic acquisitions, and strong client inflows.
Cobus Stofberg: The South African businessman with $114 million stake in media giant Naspers
Cobus Stofberg’s $114 million stake in Naspers highlights his role in building Africa’s top media and tech companies.
South African businessman Barry Swartzberg’s Discovery stake rises by $12 million
Barry Swartzberg's Discovery stake gains $12.4 million in 15 days as shares rally 4% on the JSE.
Jens Montanana’s Datatec revenue falls to $3.6 billion in FY 2025
Datatec’s revenue dropped nearly 9% to $3.64 billion in FY2025, while net profit rose 36% as the group focused on cost discipline and strategic growth.
Barry Swartzberg’s Discovery stake declines by $10 million
In just 16 days, his stake declined from $318.68 million to $308.54 million, tracking a 3.18-percent drop in Discovery’s stock.
South African businessman Jens Montanana gains $28 million from Datatec shares
The jump comes as investors continue to show strong interest in the company, reflecting growing optimism around Africa’s expanding digital landscape.
Discovery co-founder Adrian Gore gains $34 million from stock rally
Over the past 16 days, the market value of his stake has increased by $34.74 million, propelling the market value of his stake above the $600-million mark.
Southern Sun, led by John Copelyn, reports $57 million profit in 2025
The performance was underpinned by higher room occupancy, improved Ebitdar margins, and disciplined cost and capital management.