South African Saltzman family sees $90 million gain from Dis-Chem shares
This not only cements the Saltzman family’s status among South Africa’s wealthiest but also underscores Dis-Chem’s strong market performance.
Southern Africa
Absa seals $300-million green syndicated loan deal
The syndicated loan, Absa’s first, signals a significant step in the bank’s commitment to sustainable investments.
Barry Swartzberg’s Discovery stake yields $83 million so far this year
The value of his stake has climbed by R1.41 billion ($83.5 million) since the start of the year, reflecting the stock's robust rally.
Bidvest to sell banking business to Access Bank for $157.2 million
Bidvest Group to sell its stake in Bidvest Bank Holdings to Access Bank for $157.2 million as part of its financial services simplification strategy.
Bertina Engelbrecht: Business leader guiding $5.3 billion South African retail healthcare group
Bertina Engelbrecht leads Clicks Group to record profits as South Africa's first Black woman retail CEO.
Johan Burger’s FirstRand stake boosts fortune by $2.64 million
FirstRand has delivered modest returns since the start of 2024, with local investors seeing a 9.17 percent increase in share price.
Zahid offers $1.3 billion for South Africa's Barloworld in acquisition bid
This underscores Zahid’s aggressive push to capitalize on Africa’s infrastructure boom amid global interest in the continent’s construction sector.
Stephen Brookes gains $1.8 million this year from Balwin stake
Since January 1, his stake has gained R32.63 million ($1.83 million), pushing his total stake above $22 million.
Dawie de Villiers receives $2 million compensation for 2024 fiscal year at Alexforbes Group
This represents a significant 89.68 percent surge from the R19.16 million ($1.07 million) he received in the previous year 2023.
South Africa's top billionaire gains $800 million within eight days
Johann Rupert's net worth surged to $13.8 billion, nearing $14 billion for the first time since October.
Sibanye Stillwater sells Beatrix 4 shaft for $28 million to advance Beisa uranium project
The sale reflects a shift in the company’s strategy, prioritizing growth in sectors such as battery and precious metals, while monetizing its uranium assets.
Anton Pillay: Business leader at the helm of $37 billion South African asset manager
Anton Pillay leads Coronation Fund Managers, overseeing $38.7 billion in AUM, driving sustainable growth and ethical investment practices.
Karooooo shares boost South African mogul Zak Calisto’s fortune by $398 million
Karooooo shares surge adding millions to South African tech mogul's wealth
Adrian Gore makes $147.4 million from stake in South African insurer
The value of his holdings has climbed by R2.57 billion ($147.37 million) since the start of the year, reflecting the stock's robust rally.
Glencore, led by South African exec Nagle, targets Jamaican LNG acquisition
This underscores Glencore’s ambition to deepen its presence in strategic energy markets, further diversifying its expansive portfolio.
Ackerman family sees $50-million gain from Pick n Pay stake
Pick 'n Pay shares on the JSE have delivered a remarkable year-to-date return of 31.46 percent, enriching shareholders with substantial stakes in the company.