Africa’s first Black billionaire Patrice Motsepe to receive $45.2-million dividend from ARM
The dividend payout reflects a 25-percent decrease from the R1.08-billion ($60.3 million) dividend he received the previous year.
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This marks a $300 million increase in Motsepe's fortune so far in 2024, up from $200 million at the start of November.
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IBL Group to offload stake in Mauritian bank to Access Holdings’ UK subsidiary
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John Coumantaros’ stake in Flour Mills tops $100 million
This follows a $31.57-million increase in his stake earlier this year, between Sept. 5 and Oct. 9, when his holdings increased from $68.11 million to $99.68 million.