South African billionaire Patrice Motsepe’s ARM sees profits fall below $500 million
African Rainbow Minerals (ARM) is a South Africa-based diversified mining group led by influential billionaire Patrice Motsepe,
Southern Africa
German billionaire Clemens Tönnies to set up meat processing company in Namibia
Tönnies is a co-owner of Tönnies Holding ApS & Co, an international food-processing company and one of Germany’s largest companies.
South Africa’s second-richest man Nicky Oppenheimer gains $250 million in 8 days
With his current fortune of $9.25 billion, Oppenheimer claims the 231st spot on the global list of the wealthiest individuals.
Zimbabwe’s richest man Strive Masiyiwa’s wealth soars by $600 million in 2023
With a diverse and expanding portfolio, Masiyiwa continues to demonstrate his ability to adapt to changing market dynamics.
Nishlan Samujh: 48-year-old South African tycoon with $2.2-million stake in Investec
Samujh’s journey is not just a story of personal financial success but a testament to his strategic prowess in propelling Investec to new heights.
South African tycoon Adrian Gore gains $36 million from investment in Discovery
Gore holds a significant 7.48-percent stake in Discovery, which amounts to 48,599,758 ordinary shares.
South African executive Nishlan Samujh earns $5.4-million salary at Investec
Beyond his executive and governance responsibilities, Samujh holds a substantial 3.13-percent stake in Investec.
Michael Jordan’s sneakers fetch $2.2 million, becoming world’s most expensive ever sold
Jordan’s journey from a basketball icon to a billionaire continues to captivate the world, underscoring his mark on sports history and the business world.
Namibian tycoon Quinton van Rooyen’s group launches $5.3-million share buyback plan
Van Rooyen owns a 63.94-percent stake in the company. This stake, which amounts to a total of 1,004,000,060 ordinary shares in the group.
South African tycoon Mxolisi Mgojo suffers $1.4-million loss from Exxaro stake
Despite the recent decline in the market value of his stake, Mgojo remains one of South Africa’s most esteemed executives.
South African multimillionaire Barry Swartzberg loses $11 million in 29 days
Swartzberg owns a 3.92-percent stake in the Sandton-based financial services group.
Meet Coco Gauff: A 19-year-old star among the world’s highest-paid athletes
Gauff, a 19-year-old sensation from Delray Beach, Florida, is making waves in the tennis world and rewriting the financial record books.
South African banker Arno Daehnke earns $2.3-million salary from Standard Bank
Daehnke’s career spans over two decades, and he has played diverse roles within Standard Bank Group since joining in 2001.
NBA star Giannis Antetokounmpo invests in Tiger Woods-backed Golf League
In June, Antetokounmpo launched his investment holding company, Ante, Inc., as a hub for various business endeavors.
South African billionaire Stephen Saad’s Aspen partners with Eli Lilly to expand medical access
Aspen Pharmacare, founded by Saad in 1997, has steadily fortified its global presence in the pharmaceutical sector for over two decades.
Whitey Basson: South African tycoon who turned Shoprite into a retail giant
Basson’s tenure at the helm of Shoprite marked a remarkable era that redefined the retail landscape through innovative strategies.