South African tycoon Laurie Dippenaar suffers $7-million loss from FirstRand stake
Dippenaar presently holds a 1.76-percent stake in FirstRand, equivalent to 98,726,988 shares.
Southern Africa
King Mswati III of Eswatini left off BRICS summit invitation list
The omission of King Mswati III of The Kingdom of Eswatini from the guest list for the upcoming BRICS Summit has triggered discussions
Patrice Motsepe advocates for BRICS partnerships to drive Africa’s growth
Motsepe serves as the inaugural chairperson of the BRICS Business Charter in South Africa.
Zimbabwean businessman John Moxon suffers $148-million loss
According to data tracked by Billionaires.Africa, Moxon’s losses from his stake in Meikles Limited have now surpassed $148 million within 71 days.
Namibian tycoon Knowledge Katti ecstatic as Trigon secures $8.9-million financing
Katti, one of Namibia’s richest men, owns a 10-percent stake in Trigon Metal’s Kombat copper mine.
South African-born tycoon Barry Stuhler loses $9.1 million from Lighthouse stake
Stuhler owns a 9.72-percent stake in Lighthouse Properties. His stake amounts to 172,699,222 shares in the Malta-based property company.
South African banker Sim Tshabalala gains $1.2 million from investment in Standard Bank
Tshabalala, who assumed the role of CEO in September 2017, holds a minority stake of 0.031 percent in Standard Bank.
10 assets controlled by King Mswati III of Eswatini
King Mswati III controls Tibiyo Taka Ngwane, which owns stakes in many of Eswatini’s most profitabe companies and has assets worth more than $150 million.
Piet Mouton: South African billionaire holding $580 million in Capitec shares
Mouton’s rise from corporate corridors to billionaire status epitomizes visionary entrepreneurship and leadership.
South African executive July Ndlovu drives Thungela’s expansion despite declining demand
Ndlovu drives Thungela’s expansion despite declining demand.
Botswana businessman Farouk Ismail’s loses $6 million from Choppies stake
Ismail owns 14.99 percent of Choppies Enterprises, or 271,691,921 shares.
South African banker Alan Pullinger’s salary at FirstRand amounts to $2.5 million
Pullinger owns a beneficial 0.11-percent stake in the financial services giant — a stake presently valued at more than $20 million.
South African tech tycoon Zak Calisto suffers $18.7-million loss
Calisto, who founded Karooooo in 2001 to provide stolen car recovery services in South Africa, holds a 74.73-percent stake in the company.
5 companies owned by South African businessman Des de Beer
De Beer, a prominent property tycoon and influential business executive, stands among South Africa’s wealthiest individuals.
South African billionaire heiress Caroline Rupert has invested in these 7 companies
Caroline Rupert, the only daughter of South Africa’s richest man, is the founder of Kathaka Advisers Limited, a single family office.
South African tycoon Neal Froneman loses nearly $7 million in just over 100 days
Froneman owns a 0.3-percent stake, or 8,382,849 ordinary shares, in the precious metal mining group.