The world’s premier source of news and information on billionaires and ultra-high net-worth individuals (UHNWIs) in Southern Africa.
Wiese holds a 10.67-percent stake in Shoprite, equivalent to 63,110,920 shares valued at over $850 million.
The world’s premier source of news and information on billionaires and ultra-high net-worth individuals (UHNWIs) in Southern Africa.
Wiese holds a 10.67-percent stake in Shoprite, equivalent to 63,110,920 shares valued at over $850 million.
Froneman emphasized the necessity of these measures, affirming that the restructuring initiative aims to salvage the sustainability of the company’s operations.
Calisto, who founded Karooooo in 2001 to provide stolen car recovery services in South Africa, holds a 74.73-percent stake in the company.
Despite the recent setback, Motsepe retains his position as the wealthiest Black individual in Southern Africa.
Under the leadership of Kennedy Bungane, African Bank Limited has experienced massive growth, becoming one of the fastest-growing financial services providers in …
Italtile, controlled by Ravazzotti, recorded revenue amounting to $250.01 million in the first half of its 2024 fiscal year, highlighting operational resilience.
The media’s narrative craftsmanship shines through in the saga of dos Santos, where the portrayal of Africa’s former richest woman ascends into …
The move highlights the diversified nature of its business, extending beyond financial services.
Mahloele, who serves as the chairman and founder of Lebashe Investment Holding, holds an indirect 7.26-percent stake in Capitec Bank, or 8,409,802 …
Pick ‘n Pay announces plans for a rights issue to raise up to R4 billion ($210 million) and the listing of its …