South African banker Jacques Celliers’ salary at FirstRand amounts to $2.4 million in 2023
Since assuming the mantle of FNB CEO, Celliers has made significant contributions through his leadership of the First National Bank segment.
South African banker Laurie Dippenaar loses $24 million from FirstRand shares
Dippenaar’s 1.76-percent stake in FirstRand is now worth $316.9 million.
Egypt’s richest man Nassef Sawiris loses nearly $500 million in 9 days
As a result of this recent $470 million decline, Sawiris, who ranks as the richest man in Egypt and the Arab world, is presently the 322nd wealthiest individual globally.
Nigerian billionaire Femi Otedola donates $1 million to Augustine University students
The donation will cover the tuition fees of 750 students.
Oil firm of Dangote’s half-brother Sayyu Dantata posts 9M revenue exceeding $120 million
Dantata, a multimillionaire businessman and the majority stakeholder in MRS Oil Nigeria, owns 60 percent of the company, or 205,730,806 ordinary shares.
Nigerian billionaire Mike Adenuga-linked Julius Berger posts revenue exceeding $410 million
Belinda Ajoke Disu, Adenuga’s daughter, serves on the board of Julius Berger, bringing a strong link between the telecom mogul and the group.
Greek businessman John Coumantaros loses $10 million from Flour Mills stake
Coumantaros, ranked as one of the richest investors on the Nigerian Exchange, holds a 63.34 percent stake in Flour Mills of Nigeria.
Nigerian tycoon Tony Elumelu’s Transcorp records 9M revenue exceeding $150 million
Elumelu, through his investment firm HH Capital, holds a 29.5-percent stake in Transcorp, or 11,990,957,350 ordinary shares.
U.S.-Nigerian telecom tycoon Sam Darwish’s stake in IHS slumps by $17 million
Darwish holds a substantial 4.17-percent stake in IHS Holdings, or 13,958,158 shares.
South African tycoon Andre Du Plessis suffers $9-million loss from Capitec stake
Du Plessis, a prominent South African businessman and co-founder of Capitec Bank, owns a beneficial 0.78-percent stake in the leading retail bank.
South African billionaire Jannie Mouton faces $43-million loss from Capitec stake
South African billionaire Jannie Mouton is renowned for co-founding Capitec Bank with Michiel Le Roux, and Riaan Stassen.
South African tycoon Jonathan Jawno rakes in $2.6 million in 26 days
South African businessman Jonathan Jawno’s stake in Transaction Capital is now worth $18.6 million.
Nigerian businessman Tony Elumelu gains nearly $20 million in 55 days from UBA
Ripple effect: UBA’s double-digit share surge impacts Nigerian businessman Tony Elumelu’s fortune.
Egyptian billionaire Yasseen Mansour-led firm commits $647 million to boost residential projects
Under the leadership of Mansour, Palm Hills has become one of Egypt’s leading real estate companies.
South African businesswoman Noluthando Gosa suffers $1 million loss in 32 days
Gosa is a long-standing leader of esteemed institutions and a non-executive independent director at ArcelorMittal South Africa.
South African tycoon Tshepo Mahloele loses $79 million from Capitec stake
Mahloele is the chairman and founder of Lebashe Investment Holding Group.