Botswana-based mogul Jonathan Gibson gains $1 million from stake in Chobe Holdings
Gibson is Chobe’s deputy chairman and CEO.
Southern Africa
Zimbabwean social entrepreneur Tsitsi Masiyiwa launches AGI to tackle gender inequality in Africa
AGI was introduced more than seven months after Masiyiwa, along with other notable businesswomen and philanthropists launched a $1 billion gender fund.
Zimbabwean tycoon John Moxon gains $2 million from stake in Harare-based firm
Moxon owns 10.8 percent of Meikles Limited.
South African businessman Fleetwood Grobler-led Sasol declares force majeure due to Transnet strike
Sasol operates in 33 countries and employs 30,100 people globally.
Led by South African Ackerman family, Pick ‘n Pay posts $19 million in profit in H1 2023
The Ackerman family owns a 25.53-percent stake in Pick ‘n Pay.
South Africa’s second-richest man Nicky Oppenheimer gains $100 million in 19 days
Oppenheimer also owns South Africa’s largest private game reserve, Tswalu Kalahari.
South African tech tycoon Jens Montanana to earn $17.91 million in special dividend from Datatec
Montanana founded Datatec in 1986.
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.