South African billionaire Johann Rupert’s wealth soars by $210 million in four days
This takes his total gains this year to more than $1.5 billion.
Southern Africa
Mercia Geises-led Standard Bank Namibia posts $13.2-million mid-year profit
The company’s earnings fell by 16.5 percent compared to 2020.
South African pharma tycoon Stephen Saad seeks license for J&J COVID-19 vaccine
His company, Aspen Pharmacare, is a multinational South African holding.
Halted J&J vaccine shipment from South Africa to Europe will be returned: Zimbabwean tycoon Strive Masiyiwa
The batch of COVID-19 vaccines was produced by Aspen Pharmaceuticals and shipped from South Africa.
Retail tycoon Mark Lamberti’s Massmart moves to withdraw 14 Game stores from East and West Africa
The withdrawal comes as part of a strategic move to focus on its primary market.
10 female mining tycoons in South Africa worth knowing
South Africa’s mining sector is a notable driver of the economy, employing a significant portion of its workforce.
Peter Steekamp’s Harmony Gold unveils gold extension projects worth $537 million
Harmony Gold is South Africa’s most extensive gold mining company. It also operates in Papua New Guinea.
From Mauritius to Nigeria, 25 family businesses to look out for in Africa
Here is some key information about how they began and the value that they are adding to the continent.
Chobe Holdings Deputy Chairman Jonathan Gibson loses $5.1 million in 123 days
The value loss in his equity stake in the business came off a double-digit decline in the group’s shares.
The 20 richest South Africans on the Johannesburg Stock Exchange
The bourse is Africa’s largest stock exchange and its most overvalued.
The six richest people on the Namibia Stock Exchange
Institutional investors continue to dominate the exchange
The 20 richest investors on the Botswana Stock Exchange
The Botswana Stock Exchange has just 31 equity listings and 49 bond listings.
The 20 richest investors on the Zimbabwe Stock Exchange
Investors on the Zimbabwe Stock Exchange have amassed staggering wealth since the start of the year
Namibian businessman Koos Brandt’s stake in Capricorn Group now worth $81.2 million
Capricorn Group is a Namibia-based investment holding focused on banking, insurance and finance.
South African senior executive Josua Malherbe earns $1.31 million in 152 days
The earnings come as Remgro Limited’s shares surge by double digits.
Former CEO Richard Brasher earns $2.45 million in compensation from Pick n Pay
Brasher retired in April of this year.