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The Ackerman family, known for their wealth and diverse investments, currently holds a significant 25.53-percent stake in Pick ‘n Pay, equivalent to 124,677,238 shares.
The recent acquisition aligns with TMG’s strategy to maximize recurring income activities, enhance foreign currency resources, and create spare liquidity for future dividends.
Under the groundbreaking move, Airtel Nigeria has committed to securing 3,950 tenancies over the next five years.
The recent increase in his fortune is linked to the performance of his 2.63-percent stake in Palantir Technologies.
The Merali family, holding a majority 65.46-percent stake in the agribusiness firm valued at more than $23 million, ranks as Sasini’s largest shareholder.
From transforming Access Bank into Access Holdings to visionary ventures like Tengen Holdings, HOW Foundation, and the upcoming Wigwe University.
Aziz, 59, was the first Tanzanian to boast of a billion-dollar fortune according to Forbes.
Mansour owns a sizable 5.6-percent stake in the Cairo-based real estate firm, which translates to 202,291,698 ordinary shares.
The UAE-incorporated East Africa Gateway was established to spearhead Adani Group’s interests in East Africa and the broader African continent.
Dive into the dynamic world of African business magnates, where Benedict Peters teams up with the Atlantic Council, Femi Otedola secures a massive dividend from Geregu Power, and Aliko Dangote propels his companies toward public listings.
Wigwe died on Saturday in a helicopter crash in the United States.
As Angola positions itself on the global stage, the planned IPO for Unitel and the stake sale in Banco de Fomento Angola reflect the government’s commitment to fostering economic growth.
The dividend solidifies Otedola’s position among Nigeria’s top dividend earners and adds another financial milestone to his already impressive portfolio.
Ranked 318th among the world’s wealthiest, Glasenberg has slipped from 302nd since Feb. 3.
His move comes as shares remain attractively priced on the Nairobi Securities Exchange.
Vorster’s 2023 compensation comprises a base salary of R4.20 million ($0.22 million) and a performance-based short-term incentive of R4.50 million ($0.24 million).