South African billionaire Christo Wiese $100-million poorer as Shoprite shares slump
Despite recent setbacks, Wiese remains a leading figure in the African business scene.
South African banker David Munro earns $1.6 million from Standard Bank in 2022
Munro’s 2022 compensation package includes a base salary of $0.5 million and a performance-based short-term incentive of $0.49 million.
7 companies owned by South African billionaire Jannie Mouton
Mouton’s strategic investments and visionary entrepreneurship as a co-founder of Capitec Bank have had a profound effect on the South African economy.
South African tycoon Gerrie Fourie makes $16 million in 3 weeks
Fourie, the retail bank’s CEO, owns a 0.89-percent stake in Capitec Bank, or 1,027,673 ordinary shares.
Tunisian tycoon Habib Essayeh’s Euro-Cycles stock surges, gaining $2 million
Essayeh owns a significant 33.6-percent stake in the bikemaker, making him the largest shareholder in Euro-Cycles.
Zimbabwean tycoon July Ndlovu earns $7-million salary from Thungela in 2022
Under Ndlovu’s leadership, Thungela has evolved to the forefront of the market, excelling in the production and export of high-quality, low-cost thermal coal.
7 businesses owned by South African business executive Philisiwe Sibiya
From Shingai Group to the transformative initiatives of the Shingai Foundation, each venture reflects Sibiya’s commitment to excellence and positive change.
Egyptian billionaire Ahmed El Sewedy’s electric firm lands $300-million funding
Elsewedy Electric is a leading multinational cable and electrical equipment manufacturer majority owned by the Egyptian billionaire El-Sewedy family.
South Africa’s second-richest man rakes in $520 million in just 15 days
With a staggering fortune of $9 billion, Oppenheimer claims the 245th spot on the global list of the wealthiest individuals.
Egyptian tycoon Medhat Khalil gains $11.7 million from investment in Raya Holding
Khalil owns a majority stake of 58.1 percent in Raya Holding, holding a total of 1,245,661,205 shares.
6 companies linked to U.S. top Black executive Mary Winston
Recognized among the “100 Most Influential People in Finance, her legacy unfolds alongside industry pioneers like Ursula Burns.
5 companies owned by South African billionaire Stephen Saad
Beyond Aspen Pharmacare, Saad’s influence extends to a diverse array of companies, each representing a facet of his entrepreneurial prowess.
U.S.-Nigerian telecom tycoon Sam Darwish’s stake in IHS surges above $70 million
Sam Darwish, a leading figure in the global telecom industry, owns a substantial 4.17-percent stake in IHS Holdings
15 richest investors on the Zimbabwe Stock Exchange
These investors, ranging from entrepreneurs like Michael Fowler to international figures like Nicholas Van Hoogstraten, contribute significantly to Zimbabwe’s economy.
South African tycoon Jonathan Jawno gains $7.1 million from stake in Transactional Capital
Jonathan Jawno, a founding member of Transaction Capital, owns a significant 9.59-percent stake in the investment holding.
Egypt’s second-richest man Naguib Sawiris’ net worth surges above $5.5 billion
With a $5.71-billion fortune, Sawiris ranks as the 431st richest person globally.