South African tycoon Barry Swartzberg’s Discovery stake rebounds above $330 million
South African businessman Barry Swartzberg’s stake in Discovery rebounds above $330 million as the insurer’s shares surge by 5.27 percent.
Southern Africa
Sanlam, backed by Motsepe, expands private market investments in South Africa
Sanlam, backed by billionaire Patrice Motsepe, boosts private market investments to strengthen returns in South Africa.
South African tycoon Christopher Seabrooke gains $8.5 million from Sabvest stake
South African tycoon Christopher Seabrooke’s stake surges by $8 million as Sabvest Capital shares rally on the JSE, lifting his stake above $100 million.
Nigerian-Lebanese tycoon Bassim Haidar’s Optasia targets $1.5 billion valuation in Johannesburg IPO
Optasia, led by Nigerian-Lebanese tycoon Bassim Haidar, plans a Johannesburg IPO targeting a $1.5 billion valuation.
Neville Koopowitz, Discovery’s UK boss, earns nearly $5 million, topping CEO’s pay
Neville Koopowitz, head of Discovery Group’s U.K. unit, earned almost $5 million in the last financial year, topping the pay of founder and CEO Adrian Gore.
South Africa's richest black man Patrice Motsepe dismisses ANC presidency rumors
South African billionaire Patrice Motsepe has denied speculation that he plans to run for the ANC presidency. Speaking in Johannesburg, Motsepe said his focus remains on business and philanthropy, not politics, dismissing weeks of mounting rumors about a potential candidacy.
Paratus Group, led by Schalk Erasmus, expands African footprint with Rwanda launch
Paratus Group, led by Schalk Erasmus, launches in Rwanda to expand reliable broadband access across Africa.
MTN, led by Zimbabwean executive Ralph Mupita, hits 300 million subscribers
MTN under Ralph Mupita surpasses 300 million subscribers, marking a major milestone in African telecoms.
Malawian billionaire Hitesh Anadkat’s FMB stake surges above $1.4 billion
Malawian billionaire Hitesh Anadkat’s FMB stake has soared to $1.4 billion as the banking group’s shares rally 320 percent in 2025, driving renewed investor confidence.
South African billionaire Michiel Le Roux’s Capitec targets SMEs with fintech push
Capitec Bank partners with fintech startup Stub to give small businesses real-time access to banking data and boost South Africa’s SME growth.
South African billionaire Gutsche family exits Coca-Cola Beverages Africa in $3.4 billion deal
Gutsche Family Investments cedes 33.5 per cent of Africa’s largest Coca-Cola bottler in a US$3.4 billion deal with Coca-Cola HBC, marking a strategic shift for the Swiss-based family’s African holdings.
Namibian tycoon Sven Thieme’s O&L sells clean energy stake to Belgium’s CMB.TECH
Namibian tycoon Sven Thieme’s O&L sells its Cleanergy stake to Belgium’s CMB.TECH, advancing Namibia’s green hydrogen ambitions.
South African banker Johan Burger gains $5 million from FirstRand stake
Johan Burger’s FirstRand stake rises by $5 million as the bank’s shares jump over 11% on the JSE, lifting his total holdings to about $24 million.
Michael Georgiou exits Accelerate Property Fund after shareholder opposition
Accelerate Property Fund has cut ties with founder Michael Georgiou after 97% of shareholders rejected his return to the board at its annual meeting.
South African mogul Terrence Moolman gains $29 million from Caxton shares
South African media mogul Terrence Moolman gains $29 million as Caxton & CTP shares rise on the Johannesburg Stock Exchange, reflecting renewed investor confidence.
Zimbabwean billionaire Strive Masiyiwa’s net worth falls $100 million to $1.2 billion
Zimbabwe’s richest man, Strive Masiyiwa’s fortune drops by $100 million as market slide trims his net worth to $1.2 billion.