Sizwe Nxasana: South African accountant who led Africa’s most valuable bank for a decade
South African business executive and distinguished accountant Sizwe Nxasana stands out as an architect of transformation and growth.
Southern Africa
Botswana-based tycoon Jonathan Gibson gains $2 million in just one month
Gibson, the deputy chairman and CEO of Chobe Holdings, ranks as one of the richest investors on Botswana Stock Exchange.
South African Ackerman family faces $20-million loss since start of August
The Ackerman family owns a notable 25.53-percent stake in Pick ‘n Pay, constituting 124,677,238 issued shares.
South African tycoon Johan Burger gains $2.6-million from stake in FirstRand
Burger, who has been a director at FirstRand since 2009, owns a beneficial 0.11-percent stake in the leading financial services group.
Africa’s richest title returns to Johann Rupert, as Dangote loses $538 million
Rupert, who had briefly conceded the top spot, managed to secure his lead again with a net worth of $10.6 billion.
5 South Africans who founded billion-dollar pharma companies
Billionaires.Africa shines a spotlight on five South African trailblazers who have propelled South Africa onto the global stage of medical innovation.
Zimbabwean mogul Zed Koudounaris gains $7 million from stake in Axia Corp
Koudounaris owns 20.6 percent of Harare-based Axia Corp., which translates to a total of 113,982,912 ordinary shares.
South African tycoon Noluthando Gosa suffers $8.9-million loss
Gosa derives the majority of her fortune from a well-diversified investment portfolio, including a 6.15-percent stake in ArcelorMittal SA.
Johann Rupert ‘no longer’ Africa’s richest man as net worth slumps by $200 million
Despite the latest slump in his fortune, Rupert still retains his position as South Africa’s richest man.
South African mining billionaire Brian Menell secures $200-million funding
Menell, founder of Techmet, is a scion of the Menell family who founded and controlled the Anglovaal Group.
Led by South Africa’s wealthy Ravazzotti family, Italtile faces tough times
Ravazzotti, the founder of Italtile, holds a 33.88-percent stake in Italtile, presently valued at $287.1 million.
South Africa’s richest man Johann Rupert set to reap $233-million dividend in September
Rupert, who serves as Richemont’s chairman, holds a significant interest in the company through Compagnie Financiere Rupert.
South African billionaire Christo Wiese’s stake in Shoprite jumps by $100 million
Wiese, a South African billionaire who played an instrumental role in Shoprite’s growth, owns 11.63 percent of the company.
South African tycoon Adrian Gore loses $13.6 million as Discovery shares slump
Gore, who founded Discovery in 1992 and ranks as one of South Africa’s richest businessmen, owns a 7.48-percent stake in the Sandton-based insurance giant.
South African billionaire Koos Bekker’s net worth dips by $100 million
Despite these setbacks, Bekker remains one of the most affluent billionaires in Africa, boasting a net worth of $2.4 billion.
Ralph Mupita-led MTN Group to sell stake in $5.2-billion fintech unit to Mastercard
Under the leadership of Zimbabwean executive Ralph Mupita, MTN Group has solidified its position as Africa’s largest telecom services provider.