Patrice Motsepe-linked SIH combines with Absa to create one of South Africa’s largest asset managers
SIH is Sanlam’s third-party asset management company.
South African businessman
South African tycoon Stephen Brookes’ Balwin Properties returns $14.6 million to shareholders
Brookes has seen the market value of his stake rise by $5.3 million in the past 26 days.
South African billionaire Johann Rupert sees net worth rise by $1.76 billion in November
Rupert’s equity stake in Richemont accounts for the majority of his $10.3-billion fortune.
South African mogul Neal Froneman gains $4.7 million in 56 days from Sibanye-Stillwater
Froneman owns a 0.074-percent stake in the leading precious metal mining group.
Ex-MTN CEO Mteto Nyati acquires 40-percent stake in South African firm, BSG
Nyati is an inspiring leader with a proven track record of executing growth and turnaround strategies.
South African multimillionaire Gus Attridge’s stake in Aspen now worth $171 million
Aspen Pharmacare is a multinational pharmaceutical holding company.
South African businessman Gerrie Fourie gains $26 million in 45 days
Fourie owns a beneficial 0.86-percent stake in the Stellenbosch-based banking group.
Johann Rupert’s Richemont posts record earnings, with profit exceeding $2.1 billion
The group’s financial performance in the first half of 2023 builds on previous results.
South African tycoon Jonathan Jawno gains $20 million from stake in Transactional Capital
Jawno owns a significant 9.59-percent stake in the investment holding.
South African businessman Adrian Gore gains $51.7 million in 10 days
Discovery was founded in 1992 by Gore and Barry Swartzberg.
South African tycoon Laurie Dippenaar gains $48 million in 27 days from stake in FirstRand
Dippenaar holds a 1.76-percent stake in FirstRand.
South African businessman Jens Montanana’s Datatec posts lower earnings in H1 2023
Montanana owns a significant 11.98-percent stake in the Johannesburg-based group.
South African mogul Neal Froneman’s Sibanye-Stillwater may cut 2,000 jobs
Sibanye-Stillwater is a multinational precious metal mining group.
South African billionaire Nicky Oppenheimer gains $100 million in October
Oppenheimer’s $7.93-billion net worth is derived from a mix of private equity investments.
South African billionaire Johann Rupert gains $220 million in October, as Richemont shares rebound
Rupert is South Africa’s richest businessman.
South African tycoon Stephen Brookes’ Balwin Properties posts $9 million in mid-year profit
Brookes owns a 36.08-percent stake in Balwin Properties.