South African billionaire Jannie Mouton’s Capitec stake falls below $1 billion after $59.5 million drop
This decline comes after a strong 2024 performance that saw Mouton’s stake gain $350 million, soaring from over $650 million to beyond $1 billion.
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South African banker Alan Pullinger gains $3.9 million from FirstRand stake
Pullinger, one of South Africa’s most respected banking executives, owns a 0.13-percent stake in FirstRand, equal to about 7.08 million shares.
South African billionaire Michiel le Roux's Capitec Bank stake nears $2.5 billion
Michiel le Roux’s Capitec stake nears $2.5 billion after a strong share price rally on the Johannesburg Stock Exchange.
Norman Moyo-led Grid Africa, seals fresh deal to boost energy access in Africa
This collaboration aims to address the pressing energy deficit in Sub-Saharan Africa, where many nations struggle to meet escalating power demands.
Stephen Saad raises Aspen stake by $5.6 million amid stock slump
Stephen Saad invests $5.6 million more in Aspen amid its biggest stock slump in two decades, signaling confidence in the company’s long-term outlook.
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Jaswant Rai to invest $43.3 million in recently acquired Nzoia Sugar
Kenya’s Jaswant Rai to invest $43.3 million in reviving Nzoia Sugar, aiming to modernize operations and boost cane development under a 30-year lease.
James Mwangi-led Equity Group seals $495 million deal for MSME
The strategic alliance is set to revolutionize financial access for Micro, Small, and Medium Enterprises (MSMEs) across East and Central Africa.
Safwan Thabet's stake in Juhayna slumps below $300 million
Thabet has watched the value of his stake slump by $44.99 million over the past 26 days. His holdings are now worth around $260 million.
Mike Adenuga exports new Nigerian crude grade to international market
The Obodo blend is a medium sweet crude extracted from the onshore OML 150 block, operated by Continental Oil & Gas Limited, one of Conoil Producing’s units.