Christo Wiese-linked retailer Steinhoff plummets by over $38 million as shares hit record low
Wiese is a South African billionaire and retail tycoon.
South African businessman
South African mogul Neal Froneman-led Sibanye-Stillwater gets permit for Finnish lithium project
Froneman holds a 0.074-percent stake in the precious metal mining group.
South African businessman Colin Rezek-led Vantage closes $377-million fourth mezzanine fund
Vantage Capital made its groundbreaking foray into mezzanine finance in 2006.
South African exec Mike Teke’s Seriti Resources to begin 155-MW wind farm construction
Seriti Resources Holdings is a leading coal company.
Mining mogul Quinton van der Burgh’s QGC teams up with Marula to mine future metals
Van der Burgh is a wealthy South African mining magnate and serial entrepreneur.
Disgraced South African Mogul Markus Jooste to face trial in Germany in April
Nearly two weeks ago, Jooste was served two fines totaling $882,000.
Nicky Oppenheimer’s net worth skyrockets by $200 million in just 21 days
Oppenheimer has seen his net worth soar from $8.03 billion at the start of the year to $8.23 billion.
South African mogul Zak Calisto’s Karooooo posts $26 million in earnings in 9M 2023
Calisto founded Karooooo in 2001.
19 days into 2023, South Africa’s richest billionaire already $1.2-billion richer
The $1-2 billion increase cements his position as South Africa’s richest billionaire.
Disgraced South African mogul Markus Jooste barred from boardrooms for 20 years
Jooste was found to have violated listing requirements.
South African tycoon Jens Montanana’s stake in Datatec loses $30 million in eight weeks
Montanana founded Datatec in 1986.
South African mogul Mark Lamberti’s Massmart to pay ex-workers $284 each in Kenya exit deal
Massmart was founded by Mark Lamberti more than three decades ago.
South African exec David Hurwitz sells $3 million in shares in Transaction Capital
Hurwitz’s stake in Transaction Capital has decreased to 2,500,965 shares.
Christo Wiese-linked retailer Steinhoff loses $271.7 million on news of debt maturity extension
Wiese is a South African billionaire and retail tycoon.
South African billionaire Christo Wiese-linked Shoprite to open 275 new stores
Wiese owns 11.58 percent of the leading retail group.
Mike Teke’s firm Seriti leads charge in South Africa’s green energy transition
Teke, CEO of Seriti Resources, said the deal will facilitate the decarbonization of South Africa’s energy grid.