Stephen Saad’s Aspen stake drops $21 million in value
This mirrors wider investor caution amid challenges facing the global pharmaceutical sector and instability in emerging markets.
JSE
South Africa’s Ackerman family faces $20 million loss on Pick n Pay shares
The family’s stake, previously valued at R4 billion ($213.8 million), now stands at R3.62 billion ($193.95 million).
Alan Pullinger’s stake in FirstRand decreases by $1.68 million with share price dip
This decline reverses a $1.51 million gain between Oct. 9 and 18, when Pullinger's stake rose from $31.52 million to $33.03 million.
Namibian tycoon Quinton van Rooyen’s Trustco wins round in court against JSE
Shares in the group rose 35.56 percent as a result.
Johann Rupert’s stake in Remgro gains $81.7 million after news of potential Heineken acquisition
Distell, a leading South African brewer, is partly owned by his investment group.
JSE appoints former MTN boss Phuthuma Nhleko as independent non-executive director
Nhleko will serve as a member of the remuneration, nominations and deal Committees.