South African exec Derrick Msibi’s Stanlib plans $160-million investment in Africa’s renewable energy
Stanlib Asset Management, one of South Africa’s top investment firms, led by business executive Derrick Msibi, has unveiled plans to invest $160…
Southern Africa
SA billionaire Johann Rupert’s Richemont rules out plans to invest in loss-making British luxury retailer
Last year, Rupert’s Richemont agreed to sell a 47.5-percent stake in its Yoox Net-A-Porter (YNAP) fashion and accessories business to Farfetch.
South African tycoon Gus Attridge rakes in $19 million from Aspen shares
The upswing comes on the heels of a setback that led to Attridge recording a loss of $11.96 million between Oct. 2 and Oct. 26.
5 richest bankers on the Malawi Stock Exchange
These trailblazers lead key banking institutions including FMB Capital Holdings, FDH Bank Plc, NICO Holdings, and the National Bank of Malawi.
5 companies linked to South Africa’s first Black mining tycoon Bridgette Radebe
Beyond her leadership at Mmakau Mining, an avant-garde African mining group, Radebe has played a pivotal role in propelling the growth of various companies.
Son of South Africa’s second-richest man acquires Nigeria’s biggest beverage can maker
Prior to the recent acquisition, the Jonathan Oppenheimer-led firm already held a majority 62.5-percent stake in GZI.
Swazi billionaire Natie Kirsh adds $110 million to his fortune in just 9 days
In addition to his investment in Jetro Holdings, the Swazi billionaire owns a 54-percent stake in publicly traded real estate investment trust, Abacus Property Group.
South African tech tycoon Zak Calisto makes over $30 million in 23 days
This reaffirms his position as one of Africa’s wealthiest technology entrepreneurs — it also highlights Karooooo’s position as a top-performing tech firm.
South Africa’s second-richest man Nicky Oppenheimer gains $750 million in November
Oppenheimer secures 238th spot among world’s richest with a $9.33-billion fortune.
South African executive Ivan Dittrich earns $5.2-million salary from Datatec in 2023
Dittrich also received a long-term incentive award of $4.1 million from Datatec as a result of his dedication to the tech group.
Zimbabwe’s richest man Strive Masiyiwa grants 11,100 scholarships to vulnerable children
Masiyiwa is a trailblazer in Africa’s mobile telecom industry, leading Econet Global, a digital services provider in Sub-Saharan Africa.
South African businessman Barry Swartzberg gains $14.6 million in 32 days
Swartzberg owns a 3.92-percent stake in Discovery Limited — this stake amounts to a total of 25,778,420 ordinary shares in the leading financial services group.
Inside billionaire Patrice Motsepe’s exquisite real estate portfolio
Dive into the lavish lifestyle of billionaire Patrice Motsepe, showcasing his multimillion-dollar properties, elite vehicle collection, and private aviation luxury.
South African billionaire Ivan Glasenberg’s net worth soars by $590 million
Glasenberg presently occupies the 281st spot on the list of the world’s wealthiest individuals.
South African tycoon Adrian Gore makes $51 million in one month from Discovery shares
As the founder of Discovery Limited, Gore owns a 12.96-percent stake in the group, which amounts to 87,267,598 ordinary shares.
5 companies owned by South African businessman Gus Attridge
At the helm of Aspen Pharmacare, Attridge has made significant contributions to Africa’s healthcare sector.