Zimbabwean billionaire Strive Masiyiwa’s net worth slumps by $3.1 billion in 162 days
Masiyiwa is Zimbabwe’s wealthiest man.
Southern Africa
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.
South African billionaire Michiel Le Roux’s Capitec Bank secures license for life insurance business
Le Roux owns 11.41 percent of the South African bank.
Neal Froneman-led Sibanye-Stillwater becomes majority owner of Finnish battery maker, Keliber
Froneman owns a 0.074-percent stake in Sibanye-Stillwater.
South Africa’s richest man Johann Rupert loses $1.05 billion in September
The billion-dollar drop in his net worth brings his year-to-date wealth loss to $3.55 billion.
South African exec Piet Mouton to pocket $5.2 million in interim dividends from Capitec Bank
Mouton’s 5.78-percent stake in the bank is worth $600 million.
South African billionaire Michiel Le Roux to pocket $10.2 million in interim dividends from Capitec Bank
Through his stake in Capitec Bank, Le Roux ranks as one of South Africa’s richest men.
South African businesswoman Noluthando Gosa loses $7.8 million in nine weeks
Gosa has a beneficial 6.15-percent stake in the Gauteng-based steelmaker.
Portuguese telecom group Sonaecom ends partnership with Angolan billionaire Isabel dos Santos
Dos Santos is the daughter of Angola’s former president.
South African billionaire banker Michiel Le Roux’s Capitec posts over $255 million in profit in H1 2022
Le Roux owns a sizable 11.41-percent stake in Capitec Bank.
Namibian tycoon Koos Brandt’s Capricorn Group spends nearly $1 million on charity
This represents 1.3 percent of the group’s profit after tax for the period under review.
Swazi billionaire Natie Kirsh has now lost $640 million in 15 days
Kirsh is Eswatini’s richest man.