South African billionaire Michiel Le Roux set for $20 million Capitec dividend
South African billionaire Michiel Le Roux set for $20.08 million payout as Capitec lifts dividend on strong earnings.
Southern Africa
JSE slams Namibian businessman’s Trustco for ‘unacceptable’ conduct in mining sale
The JSE imposed a ZAR 5 million fine on Trustco and flagged “unacceptable” conduct tied to the sale of its mining arm without shareholder consent.
South African tech founders Brett and Mark Levy pocket $4.3m as Cell C rebound drives bonuses
Blu Label’s co-CEOs reaped R74.3m ($4.3m) in 2025, driven by incentive plans tied to Cell C’s restructuring and surging share price.
Richard Stewart succeeds Neal Froneman as Sibanye CEO
Sibanye-Stillwater names Richard Stewart CEO as Neal Froneman retires, with stock hitting record highs.
Prosus, led by Koos Bekker, clears $4.3 billion Just Eat Takeaway deal
Prosus, chaired by Koos Bekker, secures 90% of Just Eat Takeaway in a $4.73 billion deal, marking its biggest European acquisition in years.
Jailed Angolan billionaire Carlos São Vicente taken to Luanda clinic for urgent medical checks
Carlos São Vicente, imprisoned in Angola for economic crimes, was taken to a Luanda clinic for specialist tests, prompting speculation over his health.
Billionaire Strive Masiyiwa boosts family governance as two daughters join Econet Wireless board
Econet Wireless Zimbabwe adds Sarah Masiyiwa as alternate director alongside Elizabeth Tanya, cementing the Masiyiwa family’s legacy in the telecom empire.
South African billionaire Michiel Le Roux’s Capitec reports $326 million half-year profit
Capitec Bank, founded by billionaire Michiel le Roux, posted $326.4 million profit in H1 2026, lifted by higher income and tight cost control.
South Africa’s richest Johann Rupert gains $1.2 billion in September
Johann Rupert’s wealth jumped $1.2 billion in September, lifting his net worth to $17.3 billion on Richemont gains.
Eswatini’s richest man Natie Kirsh loses $730 million in four months
Eswatini’s richest man Natie Kirsh loses $730 million in four months as asset values fall, but remains among Africa’s richest billionaires.
South African billionaire Patrice Motsepe’s net worth rebounds to $3.4 billion
South African billionaire Patrice Motsepe’s net worth rises to $3.4 billion after gains in Harmony Gold offset earlier losses.
South African tech tycoon Zak Calisto’s Karooooo stake rebounds above $1 billion
South African tech billionaire Zak Calisto’s Karooooo holding tops $1 billion after a stock surge and robust earnings.
Canal+, backed by French billionaire, revamps leadership, eyes Canal+ Africa launch
French media giant Canal+ finalizes $2.02 billion MultiChoice takeover, forming Canal+ Africa with 40 million subscribers across nearly 70 countries.
South African billionaire Koos Bekker-led Prosus enters France with $1.3 billion deal
The all-cash deal, valued at $1.3 billion, gives Prosus’s classifieds arm OLX its first major foothold in France, Europe’s second-largest car market.
Investec, led by South African executive Fani Titi, secures energy trading license
Investec gains energy trading license, boosting access to renewable power and deepening its role in South Africa’s evolving energy sector.
African Bank, led by Kennedy Bungane, secures $40.4 million to back SMEs
African Bank, led by Kennedy Bungane, secures $40.4 million to support SMEs through its first social bond and sustainable finance framework.