Southern Sun, led by John Copelyn, confirms role in $84 million Umhlanga hotel project
Construction is expected to wrap up by the end of 2027, adding to the development’s overall scale and prestige.
South African executive
South African executive Duncan Wanblad-led Anglo faces Botswana backlash over De Beers sale
The southern African nation, which owns 15 percent of De Beers, believes it was not adequately consulted on the divestment.
Glencore, led by South African executive Gary Nagle, unveils $1 billion buyback
The transaction, finalized on Wednesday, netted Glencore a 16.4 percent stake in Bunge and approximately $900 million in cash.
South African exec. Gary Nagle-led Glencore halts some cobalt deliveries after Congo ban
Despite the disruption, many Glencore customers are still receiving deliveries under existing agreements.
Duncan Wanblad-led Anglo American plans $26 million upgrade at Quellaveco mine
The upgrade aims to enhance production capacity and sustainability efforts amid rising global demand for copper, a critical metal in the clean energy transition.
South African executive Simon Baloyi-led Sasol wins $241 million Transnet payout
The payment resolves all pending litigation between the two state-backed firms, according to a Sens announcement issued after the market closed on Friday.
Neal Froneman-led Sibanye reports 289 workers trapped in South Africa mine
Details on the cause of the incident remain scarce, but the company is actively conducting safety checks and shaft inspections before hoisting workers to the surface.
Fani Titi-led Investec targets $139 million share buyback
Investec, led by Fani Titi, will repurchase $139 million in shares over 12 months, signaling strong earnings and capital discipline despite global headwinds.
Vukile, led by Laurence Rapp, completes $7.5 million Bedworth Center upgrade
The upgrade is part of Vukile’s ongoing effort to invest with real purpose, shaping spaces that are built around the people who use them every day.
Gerrie Fourie’s salary at Capitec Bank totals $5.6 million
This reflects his role in steering the bank through a period of significant growth, strengthening its position as a leader in the country’s financial sector.
Dominic Sewela's Barloworld $1.2 billion bid gets PIC backing
The PIC has pledged its support by agreeing to accept a standby offer for 41.6 million Barloworld shares, which translates to 21.93 percent of the company’s total issued shares.
Vodacom, led by Shameel Joosub, poised for major comeback
The Johannesburg-listed telecom giant raised medium-term guidance, signaling a potential turnaround driven by gains in Egypt and fintech.
Rodney Sacks, South African executive behind Monster Energy’s $57 billion rise
Rodney Sacks, a South African-born lawyer, built Monster into a $57 billion giant, transforming the global energy drink industry.
JP Morgan buys $30 million in new shares of Mpumi Madisa-led Bidvest
The $30 million purchase reflects JP Morgan’s growing confidence in Bidvest’s leadership and operational strength across freight, services, and automotive sectors.
Anthony Leeming pockets $1.2 million salary in 2024
The South African executive’s R23.15 million ($1.23 million) pay in 2024 reflects his impact on Sun International’s success.
Glencore, led by South Africa’s Gary Nagle, commits $329 million to cleaner fuels
The funds will go toward installing new equipment at Astron Energy’s 100,000-barrel-per-day crude oil refinery near Cape Town.