Led by South African Ackerman family, Pick n Pay reports $6.67 billion in revenue
The single-digit sales growth was driven by an increase in liquor and clothing sales during the period under review.
South African businessman
South African businessman Alan Pullinger gains $5.4 million from stake in FirstRand
The $5.46-million surge can be linked to the year-to-date surge in the share price of FirstRand Limited on the Johannesburg Stock Exchange.
South African businessman Johan Burger gains $7.55 million, as FirstRand shares surge by 26 percent
Burger holds a beneficial 0.12-percent stake in the leading financial services group.
South African businessman Saki Macozoma joins Mondi Plc as non-executive director
The South African businessman is expected to join the multinational packaging and paper group’s audit and nominations committees.
South African businessman Mfundo Nkuhlu receives salary of $1.9 million from Nedbank in 2021
Nkuhlu owns a beneficial 0.043-percent stake in Nedbank, valued at $3.29 million.
South African businessman Xolane Ndhlovu donates $1 million to Africans in Ukraine
Ndlovu said he is motivated to help Africans who have lost their livelihood due to the Russia-Ukraine conflict.
South African businessman Sisa Ngebulana’s Rebosis declares no dividend for third consecutive year
Rebosis Property Fund is a Black-owned real estate investment trust in South Africa.