The substantial surge in profit was driven by higher interest income and a notable increase in foreign exchange earnings throughout the year.
Featured
-
- Hot News
Christo Wiese-backed Shoprite joins retailers investing $125 million in startups every five years
Shoprite Holdings is partially owned by South African billionaire Christo Wiese, who holds an 11.63-percent stake in the retailer.
-
Egyptian billionaire and prominent industrialist Ahmed Ezz owns 60.7 percent of Ezz Steel (or 329,816,198 shares).
-
This surge in wealth cements his position as one of the richest investors on the Casablanca bourse and among Morocco’s most affluent …
- Hot News
Publicly listed companies linked to Nigerian billionaire Femi Otedola are worth $12.9 billion combined
The market value of the publicly listed companies he holds stakes in has surged to N16.7 trillion ($12.9 billion), highlighting his impact …
-
Despite the recent decline, Gore remains a top figure on the JSE.
-
Trustco is primarily owned and managed by the Namibian van Rooyen family, which holds a substantial 63.94-percent ownership stake, or 1,004,000,060 ordinary …
-
Moustafa holds a controlling stake of 43.16 percent in the group, representing 890,633,483 ordinary shares.
-
Its profits skyrocketed by 217 percent, leaping from N11.35 billion ($8.52 million) in 2022 to N35.99 billion ($27.2 million).
-
This surge in Mouton’s stake solidifies his spot among the most affluent investors on the JSE.