Hisham Talaat Moustafa’s stake in TMG Holding declines by $105.5 million
This decline follows a previous gain of $89.6 million recorded between Sept. 16 and 29, when Moustafa’s stake rose from $1.25 billion to $1.33 billion.
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Sadek El-Sewedy gains $405 million from Elsewedy Electric despite currency devaluation
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CI Capital exits $23.6 million investment in Taaleem Management services
The divestment yielded an impressive four times return on invested equity, with an Internal Rate of Return (IRR) of approximately 50 percent.
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Despite the sanctions, Capitec maintained cooperation in its remedial measures to address compliance weaknesses and enhance its AML framework.
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Dangote’s wealth hits $28.1 billion, secures spot as world’s richest Black person
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Thungela to acquire remaining interest in Ensham business for $29.9 million
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