Southern Africa

Shoprite shares slump costs South African billionaire Christo Wiese $159.7 million in net worth

Over the past 118 days, Wiese's stake in Shoprite has suffered a significant decline.

Isabel dos Santos dragged into $400-million London lawsuit

Isabel dos Santos' company, Unitel International Holdings, is being sued over its non-repayment of loans that totaled more than $400 million.

Billionaire Patrice Motsepe’s Tyme Bank sets ambitious plans for Vietnam expansion

TymeBank is partly owned by Motsepe's African Rainbow Capital Financial Services Holding.

South Africa’s second-richest man Nicky Oppenheimer adds $75 million to his fortune

Oppenheimer is an influential figure in the business world.

South African tycoon Adrian Gore’s net worth plunges $34.9 million amid Discovery’s share pullback

Gore's net worth plummets by $34.9 million as Discovery's shares face significant pullback.