Capitec’s strong performance adds nearly $1 billion to Michiel Le Roux’s fortune
South African billionaire's net worth surges as bank shares hit record highs.
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Despite progress in improving South Africa’s coal export corridor, Transnet Freight Rail faces ongoing challenges that hinder its ability to reach full capacity, with structural inefficiencies and underinvestment still weighing heavily on the network.
Anglo American to divest $527 million of Amplats as part of restructuring strategy
The mining giant led by Duncan Wanblad is offering 17.5 million shares—equivalent to a 6.6 percent stake in Johannesburg-listed Amplats—at $30.1 per share.
Alan Pullinger nets $1.95 million in year-to-date gains from FirstRand stake
This growing fortune reinforces his position as one of South Africa's wealthiest executives and among the top investors on the JSE.
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Aliko Dangote plans major investment in Angola
This marks the latest phase in Dangote Industries' ongoing expansion as it looks to capitalize on Angola’s growing economy.
Transnet’s coal corridor shows improvement, but challenges persist
Despite progress in improving South Africa’s coal export corridor, Transnet Freight Rail faces ongoing challenges that hinder its ability to reach full capacity, with structural inefficiencies and underinvestment still weighing heavily on the network.
Fidelity Bank CEO acquires $141,794 in shares, signals confidence in future growth
Nneka Onyeali-Ikpe, CEO of Fidelity Bank, invests N239.4 million ($141,794) in the bank’s shares, reinforcing her belief in the institution’s strong financial performance and growth potential.
Access Bank denies missing $296,093, reaffirms commitment to ethical banking standards
Access Bank responds to viral allegations of missing funds, assuring customers and stakeholders of its continued adherence to ethical practices and financial transparency.