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Magnus Heystek says none of his offshore investments will return to South Africa, warning that recent market gains mask weak fundamentals and long-term growth prospects.
Exxaro Resources, led by CEO Ben Magara, has completed a 575 million dollar deal to acquire premier manganese assets, securing a key role in the global transition to green energy and battery manufacturing
The South African billionaire’s long-held bet on simplicity, scale, and affordability is once again fueling stellar growth at Capitec Bank
Naspers plans to sell over R32bn in non core assets as CEO Fabricio Bloisi pauses major acquisitions and pushes profits across e commerce.
Paramount founder Ivor Ichikowitz is pushing into Ukraine’s armoured vehicle market, touting the OWL and leaning on European partnerships.
Elon Musk’s net worth surpasses $800 billion following SpaceX and xAI merger, making him the richest person in history and cementing SpaceX as his most valuable asset
Patrice Motsepe appoints Maryke Burger as CEO of African Rainbow Minerals’ ferrous division as the company pushes ahead with restructuring and efficiency reforms.
Starlink, Elon Musk’s satellite internet service, may soon expand to South Africa as the government eases foreign ownership rules.
Jonathan Oppenheimer urges South Africa to cut red tape and empower small businesses to drive growth.
Stephen Saad’s Aspen wins $29 million settlement in mRNA production dispute, boosting investor confidence after a tough fiscal year.
Mike Teke of Seriti maintains coal demand won’t fade, leaning on efficiency, cost-plus deals, and exporting amid energy-transition pressures.
ArcelorMittal SA, linked to businesswoman Noluthando Gosa, risks closure of its long steel division and 3,500 jobs as IDC sale talks falter over valuation.
Capitec founder Michiel le Roux, South Africa’s fifth-richest man, donated R25M to the DA, cementing his role as the party’s biggest backer.
They could simply guard old wealth, but these seven South African heirs are stepping into art, sport, and renewables to build legacies of their own.
Datatec CEO Jens Montanana has lifted his stake to R2.5 billion ($141.8 million), signaling confidence in the South African ICT group.
Mike Teke’s Seriti Trust invests $1.1 million in early learning centers, boosting education access and skills for vulnerable children in mining regions.