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 …
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Moustafa holds a controlling stake of 43.16 percent in the group, representing 890,633,483 ordinary shares.
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Its profits skyrocketed by 217 percent, leaping from N11.35 billion ($8.52 million) in 2022 to N35.99 billion ($27.2 million).
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This surge in Mouton’s stake solidifies his spot among the most affluent investors on the JSE.
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This downturn marks a sharp reversal from the beginning of the year when Soon-Shiong enjoyed a significant wealth surge.
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This substantial gain solidifies Jawno’s position as one of the wealthiest investors on the JSE.
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Established in 2011, the Elsewedy Technical Academy has been dedicated to providing high-quality technical education in line with global standards.
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The company’s performance is marked by an 18 percent year-on-year increase in profit after tax to N11.42 billion ($8.73 million).
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This is attributed to lower global nitrogen pricing and a reduction in natural gas prices in Europe and the United States following …
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Femi Otedola returns to world’s billionaires list as global billionaire wealth hits $14.2 trillion
With Otedola’s return to the billionaire ranks, Africa now boasts 20 billionaires, up from 19 in 2023 and 18 in 2022.