South African tech tycoon Jens Montanana to earn $17.91 million in special dividend from Datatec
Montanana founded Datatec in 1986.
Southern Africa
Mauritian tycoon Arnaud Lagesse-led IBL considers buying stake in Reunion Island-based retail operator
IBL Group is a leading Mauritian conglomerate and one of the island’s largest firms.
Prosus N.V., led by South African billionaire Koos Bekker, to sell Russian internet marketplace Avito for $2.4 billion
Bekker’s 0.84-percent stake in Prosus is worth $588 million.
South African businessman Andre Du Plessis gains $12.8 million in two weeks
Du Plessis co-founded Capitec Bank in 2001.
South African mogul Zak Calisto’s Karooooo reports nearly $17.1 million in profit in H1 2023
Karooooo is a leading provider of smart transportation management and analytics.
South African tech tycoon Jens Montanana’s Datatec to pay shareholders $149.5 million in special dividend
Montanana is Datatec’s founder and CEO.
South Africa’s richest billionaires Rupert, Oppenheimer $3.58-billion poorer than year ago
Rupert and Oppenheimer remain the two wealthiest billionaires in South Africa.
African Bank secures approval to acquire Johann Rupert-linked Grindrod in $97-million deal
Grindrod Limited is owned in part by Remgro Limited, Rupert’s investment holding.
South African billionaire Michiel Le Roux gains $157 million as Capitec shares rebound from record lows
Le Roux owns 11.36 percent of the Stellenbosh-based banking group.
Botswana tycoon Gulaam Abdoola’s Turnstar Holdings expects pre-tax earnings to decline by 11.5 percent
Abdoola is the company’s largest individual shareholder.
Zimbabwean billionaire Strive Masiyiwa’s net worth slumps by $3.1 billion in 162 days
Masiyiwa is Zimbabwe’s wealthiest man.
Malawian multimillionaire Hitesh Anadkat gains $17.2 million from stake in FMB Capital
Anadkat owns 35.51 percent of the Port Louis-based firm.
South African-born billionaire Patrick Soon-Shiong’s year-to-date wealth loss exceeds $1.1 billion
Soon-Shiong remains one of the richest businessmen in the world.
South African mogul Neal Froneman-led Sibanye-Stillwater eyes Zambia’s Mopani Copper Mines
Froneman’s 0.074-percent stake in Sibanye-Stillwater is now worth more than $5.2 million.
South African retail mogul Mark Lamberti’s Massmart plans to shut down Game stores in East, West Africa
Massmart is Africa’s second-largest distributor of consumer products.
South African billionaire Nicky Oppenheimer’s net worth slumps by $100 million in 2022
Despite the slump in his net worth, Oppenheimer still ranks as the second-richest man in South Africa.