Indian-born Gupta brothers’ Johannesburg homes sell for $2 million
Gupta brothers’ Johannesburg homes sold for $2 million, 47 percent below their $3.64 million valuation, as part of a business rescue plan.
Southern Africa
South African billionaire Christo Wiese-backed Pepkor wins approval for $108 million purchase
Pepkor has received approval to acquire five Retailability brands in a $108.1 million deal, expanding its presence in the adultwear market.
South African businessman Christopher Seabrooke’s Sabvest stake falls below $100 million
Christopher Seabrooke’s Sabvest stake slips to $84 million as shares fall 14.55 percent since mid-June.
South African billionaire Patrice Motsepe’s ARC battles US firm in $193 million lawsuit
Patrice Motsepe’s ARC takes a $193.7 million graphite mining dispute with US-linked Pula Group to Johannesburg’s High Court.
South African businesswoman Phuthi Mahanyele-Dabengwa’s Naspers shares now worth $12.4 million
Phuthi Mahanyele-Dabengwa’s Naspers stake rises to $12.4 million as shares surge, boosting Africa’s most valuable company.
South African executive Gary Nagle-led Glencore posts $117 billion half-year revenue
Glencore, led by Gary Nagle, held H1 2025 revenue steady at $117.4 billion despite weaker coal prices and lower copper output.
South African pharma tycoon Gus Attridge loses $12 million from Aspen stake
Gus Attridge’s Aspen Pharmacare stake drops over $12 million as shares slide 9.45%, pushing market value below $3 billion.
Bridgette Radebe, South Africa’s first Black mining tycoon, disputes $10 billion money laundering claim
Botswana’s High Court has cleared mining tycoon Bridgette Radebe of $10 billion laundering claims, ordering a government apology for false allegations.
South African tycoon Adrian Gore's Discovery stake slips under $600 million
Discovery co-founder Adrian Gore sees $21 million erased from his stake as JSE market pressures mount.
Capitec stock falls, South African billionaire Michiel Le Roux loses $70 million
Michiel Le Roux loses $70 million as Capitec Bank stock falls, but his $2.5 billion stake still signals long-term strength.
Neal Froneman-led Sibanye, Gwede Mantashe face off over US mining deal
The initiative—intended to reset strained trade ties—was presented to President Cyril Ramaphosa ahead of his May 21 meeting with U.S. President Donald Trump.
Shoprite, backed by South African billionaire Christo Wiese, posts $14.6 billion in annual sales
Shoprite’s annual sales rose to $14.6 billion, led by South African supermarket growth, digital expansion, and structural shifts across its portfolio.
South African multimillionaire Ackerman family steps back from Pick n Pay leadership
South African multimillionaire Ackerman family ends control of Pick n Pay after $171 million loss triggers leadership shakeup.
South African billionaire Rob Hersov’s podcast remarks spark race-relations backlash
South African businessman Rob Hersov's podcast comments about race and history have reignited debate over inflammatory rhetoric and its impact on public discourse.
South African banker Jason Quinn-led Nedbank to offload Ecobank shares worth over $100 million
The South African bank confirmed that the stake, classified under IFRS 5 as a non-current asset held for sale, has a market value of R1.9 billion ($105.8 million).
John Copelyn leads HCI gas push to address South Africa’s energy crisis
John Copelyn-led HCI advances plans to develop South Africa’s top offshore gas find, aiming to ease the country’s deepening energy crisis.