Tag: Ackerman Family

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Pick ‘n Pay troubles drain $120 million from South Africa’s Ackerman family

The Ackerman family holds a significant 25.53-percent stake in the retailer, or 124,677,238 issued shares.

Pick ‘n Pay, led by South African Ackerman family, bolsters fresh meat selection through Tomis Group acquisition

The deal will enable Pick 'n Pay to expand its operations and bolster its earnings and revenue.

South Africa’s Ackerman family suffers $157-million loss from Pick ‘n Pay stake

Despite this setback, the Ackerman family remains among the country's richest families and top investors on the local bourse.

South African Ackerman family to receive $9.57 million in dividends from Pick ‘n Pay

The Ackerman family is one of the richest families in South Africa.

Pick ‘n Pay, led by South African Ackerman family, registers $64 million in profit in 2023

The Ackerman family owns a sizable 25.53-percent stake in Pick ‘n Pay, or 124,677,238 issued shares.


7 companies linked to South African tycoon Sim Tshabalala

Billionaires.Africa has discerned five enterprises, in which Tshabalala assumes directorial or executive responsibilities.

Dangote’s stepbrother, Sayyu Dantata, gains $2.4 million from MRS stake in 48 hours

Dantata owns an impressive 60 percent of MRS Oil Nigeria Limited, through his investment company, MRS Africa Holdings.

Firm linked to Africa’s first Black billionaire Patrice Motsepe to build $132-million solar plant

Through African Rainbow Energy, Motsepe owns an indirect 40-percent stake in SOLA Group.

5 companies owned by Morgan Freeman

Billionaires.Africa highlights five companies under Morgan Freeman's ownership, cementing his status as an entertainment and business titan.