Meet the 17 Black billionaires in the world in 2021
There are 2,755 billionaires in the world today. Only 17 are Black.
Southern Africa
July Ndlovu’s Thungela Resources declares solid interim dividend
The news comes after its successful listing on the Johannesburg Stock Exchange and London Stock Exchange on June 7.
South Africa’s second-richest man Nicky Oppenheimer loses $200 million in 41 days
This translates to an average loss of $4.88 million per day for the billionaire since July 2.
H1 dividend beats pre-COVID-19 era, says Daniel Pretorius’ Master Drilling
Profits for H1 2021 performed better than in the six months ending June 2019.
Nombasa Tsengwa-led Exxaro Resources anticipates 111-percent rise in interim HEPS
The rise in the company’s earnings is attributed to increased equity-accounted income from Sishen Iron Ore.
South African Mouton family loses $18.85 million in 54 days as PSG Group shares retreat from high
Shares in the holding had risen to an all-time high on June 17.
Founder of Africa’s largest pharma company Stephen Saad earns $94.68 million in 38 days
Shares in his Aspen Pharmacare Holdings are surging to record highs.
Russian billionaire Igor Rybakov on business, life and transforming education worldwide
A man of many labels, Rybakov is the original renaissance man. And he’s as interesting as they come.
Neal Froneman’s Sibanye-Stillwater says mid-year profit to increase by 168 percent to $1.69 billion
The group expects its mid-year profit to be around $1.69 billion.
Mike Brown’s Nedbank expects mid-year earnings to more than double
The leading South African bank made the disclosure in a voluntary trading update on the Johannesburg bourse.
Sipho Maseko-led Telkom SA posts $745.47-million Q1 revenue as mobile subscribers grow
Compared with the previous year’s figure, the group’s revenue grew by 3.5 percent.
Steve Phiri-led Royal Bafokeng Platinum declares $104.9-million record interim dividend
Cash increased year-on-year by $202.9 million to close on June 30 at $254 million.
Zimbabwean mogul John Moxon earns $2.47 million as Meikles shares surge to all-time high
Moxon is the company’s single largest individual shareholder, with 27,806,808 issued shares.
Johann Rupert’s net worth surges by $590 million in 14 days Richemont’s sales rise
Data retrieved from Bloomberg revealed that his net worth has risen from $9.61 billion to $10.30 billion.
Neal Froneman’s Sibanye-Stillwater increases stake in global battery sector with Eramet SA deal
This follows Sibanye’s purchase of a 30-percent stake in the Finnish lithium hydroxide project Keliber in February.
Former partner challenges City of Harare for awarding ‘$2 billion’ in property to tycoon Ken Sharpe
George Katsimberis has challenged the city for awarding the land to Sharpe’s Augur Investments.