The pullback coincides with a recent downgrade of Palantir Technologies (PLTR), the data analytics software firm Karp co-founded.
African Billionaires
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The proposed dividend marks a significant milestone for the group and reflects its strong financial position.
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This move, aimed at shoring up the unit’s liquidity, brings Britam’s total cash injection into the fund to Ksh6.9 billion ($53.1 million) …
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While Wigwe’s leadership is sorely missed, his impact remains evident in the group’s record-breaking 2023 profits.
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Aspen anticipates a robust second half of 2024, supported by the launch of sterile manufacturing contracts and continued growth in its active …
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Frazier, a prominent Black executive in the U.S., holds a 0.028-percent stake in Merck & Co., which is currently valued at more …
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This further cements Bekker’s position as a leading South African business figure and a top investor on the Johannesburg Stock Exchange (JSE).
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Despite his immense wealth and fame, Diddy still finds himself burdened with a substantial debt, with $100 million remaining unpaid.
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According to data tracked by Billionaires.Africa, the recent surge in Sibanye shares on the JSE has resulted in a notable increase in …
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Darwish, chairman and CEO of IHS Holding, a major figure in African telecom, holds a significant 4.17-percent ownership stake, or 13,958,158 ordinary …