South Africa’s Ackerman family loses $20 million from Pick 'n Pay shares
This follows a previous loss of $36.22 million between July 16 and Aug. 20, when the family’s holding fell from $199.3 million to $163.07 million.
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Investec maintains $37.6 million amid UK motor finance ruling
Other lenders implicated in the case, including FirstRand and Close Brothers plc, are grappling with the fallout.
Barry Swartzberg’s Discovery stake increases by $23 million
Swartzberg, a co-founder of Discovery, owns a 3.92 percent stake in the Sandton-based financial services group, amounting to 25,954,540 shares.
Southern Sun posts $18.3-million profit in H1 2025
The South African hospitality group reported a 30% profit increase for the first half of 2025.
Karooooo shares decline, costing Zak Calisto $60.5 million
This follows a $107.76 million decline recorded between Oct. 14 and Nov. 6, pushing his stake further below the $1 billion mark.
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Kenya’s Merali family sees $2.2 million loss as Sasini Tea shares decline on NSE
This latest decline has further impacted the Merali family’s stake, reducing its value to Ksh2.54 billion ($19.63 million) as of Nov. 22.
Investec maintains $37.6 million amid UK motor finance ruling
Other lenders implicated in the case, including FirstRand and Close Brothers plc, are grappling with the fallout.
NCB Financial Group achieves record turnaround with bold profit and efficiency goals
NCB Financial Group posts remarkable financial gains under Michael Lee-Chin’s leadership, targeting sustained growth and higher shareholder returns.
Oriental Weavers achieves strong Q3 2024 results amid global market growth
Oriental Weavers reports robust revenue growth in Q3 2024, driven by international market expansion and strategic domestic initiatives.