Mike Teke’s firm Seriti leads charge in South Africa’s green energy transition
Teke, CEO of Seriti Resources, said the deal will facilitate the decarbonization of South Africa’s energy grid.
Southern Africa
Patrice Motsepe-linked SIH combines with Absa to create one of South Africa’s largest asset managers
SIH is Sanlam’s third-party asset management company.
Global police agency Interpol confirms red notice for Angolan billionaire Isabel dos Santos
According to Forbes magazine, dos Santos was once Africa’s richest woman.
South African mogul Neal Froneman-led Sibanye to spend $616 million on Finland lithium project
Froneman holds a 0.074-percent stake in Sibanye-Stillwater.
South African billionaire Nicky Oppenheimer now richer than Fox News’ Rupert Murdoch
Oppenheimer derives his fortune from private equity investments.
South African exec Gus Attridge loses $10 million in 13 days from stake in Aspen Pharmacare
Attridge owns a 4.26-percent stake in the company.
South African tycoon Stephen Brookes’ Balwin Properties returns $14.6 million to shareholders
Brookes has seen the market value of his stake rise by $5.3 million in the past 26 days.
One of Malawi’s richest men, Hitesh Anadkat gains $9 million from stake in FMB Capital
Anadkat owns 35.51 percent of the Port Louis-based firm.
South African billionaire Koos Bekker gains $175 million in one month
Bekker owns a 0.86-percent stake in Amsterdam-based investment group, Prosus NV.
Swazi billionaire Natie Kirsh’s net worth gains $740 million in 41 days
Kirsh’s year-to-date wealth loss is $379 million.
South African billionaire Johann Rupert sees net worth rise by $1.76 billion in November
Rupert’s equity stake in Richemont accounts for the majority of his $10.3-billion fortune.
South African businesswoman Noluthando Gosa’s stake in ArcelorMittal now worth $18.5 million
Gosa owns a 6.15-percent stake in ArcelorMittal South Africa.
South African billionaire Christo Wiese-linked Pepkor posts $353 million in profit in 2022
In 2014, Wiese sold Pepkor to Steinhoff International in exchange for 20 percent of Steinhoff’s issued shares.
South African-born billionaire Patrick Soon-Shiong’s net worth gains $370 million in 51 days
The recent increase reduced his year-to-date wealth loss to $875 million.
South African billionaire Patrice Motsepe gains $270 million in 53 days from stake in ARM
Motsepe, who founded ARM in 1997 as South Africa’s first Black-owned mining company, owns 39.7 percent of the company.
South African mogul Neal Froneman gains $4.7 million in 56 days from Sibanye-Stillwater
Froneman owns a 0.074-percent stake in the leading precious metal mining group.