South African executive Bongiwe Ntuli pockets $1.6-million salary at TFG
Ntuli’s pay saw a significant 62.45-percent increase in 2023, compared to the prior year’s R18.16 million ($0.97 million).
Ntuli’s pay saw a significant 62.45-percent increase in 2023, compared to the prior year’s R18.16 million ($0.97 million).
Discover how strategic deals and market trends are reshaping the continent’s economic landscape.
Under the leadership of Ogunlesi, GIP has flourished into the world’s largest independent infrastructure manager.
Despite this decline, Darwish remains a prominent figure in the telecom industry.
The key factor behind the plunge in Johann Rupert’s fortune is the recent decline in the market value of his 10.18-percent stake in Richemont.
The Dangote Fertilizer Plant, launched in March 2022, was conceived as part of an ambitious initiative to meet Nigeria’s 1.5 million-tonne annual fertilizer demand.
Naspers South Africa CEO Phuthi Mahanyele-Dabengwa affirmed the group’s commitment to fortify its businesses in anticipation of Amazon’s impending entry.
With the recent uncertainty surrounding the labor unions’ demands, Razon has seen his net worth decline by $202 million this year.
This is the third time in the last 15 years that Otedola is being listed as one of the world’s richest people.
His net worth now stands at $7.4 billion — solidifying his position as a top figure in Africa’s business landscape.
A significant part of this wealth reduction stems from his considerable 38.8-percent ownership in the Dutch fertilizer company OCI N.V. and a six-percent stake in Adidas.
Joining Hormel Foods in April 2021, Smiley’s 2023 compensation package includes a base salary of $0.51 million and a non-equity incentive plan of $0.46 million.
The wealthy executive remains a top figure in the dynamic beauty sector and stands as one of the richest African-born executives globally.
Khalil owns a majority stake of 58.1 percent in Raya Holding, holding a total of 1,245,661,205 shares.
This revelation follows the recent collaboration between Nigeria’s state-owned Nigerian National Petroleum Corporation (NNPC) and Aiteo Eastern E&P Company.
Kirsh’s net worth has decreased by $55.4 million since the start of 2024 — falling from $7.61 billion on Jan. 1 to $7.56 billion at the time of writing.