South Africa's PIC suspends CEO over Lanseria deal linked to billionaire Tshepo Mahloele's Harith
South Africa's PIC has suspended its CEO and drawn a regulator's probe over a Lanseria airport deal linked to billionaire Tshepo Mahloele's Harith.
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South Africa's PIC has suspended its CEO and drawn a regulator's probe over a Lanseria airport deal linked to billionaire Tshepo Mahloele's Harith.
Tshepo Mahloele will collect $22 million from Capitec's record R9.27 billion dividend, despite recently selling $840 million worth of shares and cutting his stake to 3.85%.
Harith General Partners secures FlySafair, two years after its SAA deal collapsed, marking a shift in South Africa’s airline market.
This follows a $24.84 million loss between May 10 and 28, when his stake declined from R19.3 billion ($1.05 billion) to R18.84 billion ($1.03 billion).
Mahloele is the chairman and founder of Lebashe Investment Holding Group.