Southern Sun loses R735 million Sandton bid after Pareto pulls rank
Southern Sun has lost its R735 million bid for Sandton Consortium properties after co-owner Pareto exercised its pre-emptive rights to block the deal.
Southern Africa
Patrice Motsepe's African Rainbow Minerals and other mining giants to benefit from the Middle East conflict
Gold is trading above $5,400 an ounce. South Africa's mining billionaires may be the unlikely beneficiaries of a widening Middle East war
South African billionaire Michiel Le Roux's Capitec launches Smart ID services at seven branches
Capitec has launched Smart ID services at seven branches, letting clients apply in under five minutes with no booking required and no Home Affairs official needed.
Patrice Motsepe’s African Rainbow Minerals expands mining empire with manganese export terminal at Ngqura Port
Patrice Motsepe's African Rainbow Minerals is joining a consortium to build a new manganese export terminal at Ngqura Port in the Eastern Cape.
South African billionaire, Johann Rupert's Richemont sells Baume & Mercier to Damiani after 37 Years
Richemont is offloading Baume & Mercier to Italy's Damiani Group, a deal that lays bare the growing pressures on mid-tier Swiss watchmaking.
BEE created Black billionaires in South Africa, but it did not create black prosperity
South Africa's BEE policy created black billionaires like Patrice Motsepe and Cyril Ramaphosa, but left tens of millions behind.
Tycoon Robert Gumede's Vision Group is at the center of a fight that could kill South Africa's biggest sugar company
Robert Gumede's Vision Group holds R11.7 billion of Tongaat Hulett's debt, and a Durban court must now decide if the 134-year-old sugar company lives or dies.
Johann Rupert's Reinet is selling its UK pension firm for R65 billion and investors wonder what comes next
Johann Rupert's Reinet has cleared its last regulatory hurdle in the R65 billion sale of UK pension firm PIC, with completion set for March 27.
South African billionaire Patrice Motsepe's ARM posts $114 million operating profit
Patrice Motsepe's ARM has swung back to profitability, posting R1.9 billion ($113.9 million) in operating profit as revenue climbed 31% to R8.4 billion ($503.9 million).
Wine farm once owned by South African tycoon Tokyo Sexwale goes on auction for $10.7 million
Bloemendal Wine Estate, a 324-year-old Cape wine farm once tied to anti-apartheid icon Tokyo Sexwale, goes to auction on 25 March for at least R180 million.
Patrice Motsepe's ARC backs US software giant Spinnaker's push into South Africa
Patrice Motsepe's African Rainbow Capital is backing US software support firm Spinnaker as it opens its first South African office in Johannesburg.
Discovery CEO Adrian Gore says South Africa is at a critical turning point
Discovery CEO Adrian Gore says South Africa has turned a corner, pointing to hard data and a palpable shift in how people talk about the country.
U.S. appeals court lets Elon Musk off the hook on DOGE deposition over USAID shutdown
A federal appeals court ruled Elon Musk will not face a deposition over DOGE's dismantling of USAID, reversing a lower court order.
South African tycoon Mustaq Brey’s Brimstone posts 98% profit jump, clearing $32 million in debt
Mustaq Brey's Brimstone Investment nearly doubled headline earnings in 2025, driven by Sea Harvest and over $32 million in debt repaid.
King Mswati III of Eswatini completes 105 government projects worth $8.9 million, benefiting thousands
King Mswati III's government has completed 105 community projects worth $8.9 million, creating 402 jobs and reaching 12,481 emaSwati across the country.
Elon Musk takes the stand in Twitter stock manipulation trial
Elon Musk walked into a San Francisco courtroom Wednesday to defend himself against accusations that he used his own Twitter feed as a weapon to knock down the company's stock price before buying it.