Naspers stays bullish on the future, reaffirming its focus on boosting shareholder value through ongoing share buybacks.
South Africa
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The recent $4.23-million gain further strengthens Stuhler’s reputation not only as a high-value JSE investor but also as one of South Africa’s …
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South African billionaire Michiel Le Roux’s Capitec Bank reports $550.8 million in earnings
Demonstrating its commitment to shareholder returns, Capitec Bank’s board of directors declared a final dividend of R3.345 ($0.1754) per share on April …
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The recent downturn in Oppenheimer’s net worth is attributed to the revaluation of his investments in private equity firms.
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Calisto, who holds a 74.7-percent stake in Karooooo worth more than $640 million, ranks as one of Africa’s leading tech entrepreneurs.
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This follows a previous R227.73 million ($16.8 million) loss between March 28 and April 7, when his stake dipped from R4.57 billion …
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South African billionaire Stephen Saad’s Aspen to boost global supply of obesity medication
Aspen, Africa’s largest drugmaker, is actively exploring ways to ramp up the availability of these in-demand treatments worldwide.
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The slide comes after Mahloele’s holding enjoyed a significant gain of $52.07 million between March 28 and April 9.
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The decline marks a continuation of the previous trend for Soon-Shiong, who previously saw his net worth decrease by $400 million earlier …
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Fourie holds a 0.89-percent stake in the leading retail bank, equivalent to 1,027,673 ordinary shares.