South African tycoon Andre Du Plessis becomes $11 million richer as Capitec shares soar
Du Plessis, a prominent South African businessman, owns a beneficial 0.78-percent stake in Capitec Bank.
South Africa
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5 companies owned by South African businessman Barry Swartzberg
Billionaires.Africa has identified and cataloged various companies and holdings linked to Swartzberg.
South Africa’s richest man Johann Rupert loses another $600 million
Despite this recent setback, Rupert retains his status as South Africa’s richest man, ahead of Nicky Oppenheimer.
South African billionaire Stephen Saad earns $2-million salary from Aspen in 2023
Apart from his executive and governance roles in Aspen Pharmacare, Saad also holds a controlling 12.5-percent stake in the company.
Pick ‘n Pay, led by South African Ackerman family, launches food waste reduction initiative
This initiative underscores the Ackerman family’s commitment to reducing food waste and promoting sustainability in South Africa’s retail landscape.
South African exec Mary Vilakazi’s earns $1.68-million salary from FirstRand in 2022
Vilakazi’s tenacity, strategic prowess, and commitment to excellence have propelled her to the top job at FirstRand.
Africa’s biggest lender appoints South African mogul Johan Burger as chairman
The board has expressed confidence that Burger’s appointment meets the necessary criteria for independence and competence.
South African billionaire Saltzman family suffers $34-million loss in 72 days
Since the Saltzmans founded Dis-Chem Pharmacies more than four decades ago, it has grown into one of the country’s leading retail healthcare groups.
South African tycoon Jens Montanana earns $11.9-million salary from Datatec in 2023
Under the leadership of Montanana, the tech group recorded a comprehensive income of $70.62 million at the end of its 2023 fiscal year.
South African banker Ciko Thomas earns $1.5-million salary from Nedbank in 2022
Thomas has effectively held the reins as group managing executive for retail and business banking at Nedbank Group since his appointment in 2016.
South African exec Mary Vilakazi named first female CEO of Africa’s top lender
Vilakazi’s journey at FirstRand began when she was appointed chief operating officer in July 2018.
South African billionaire Christo Wiese loses $46 million from investment in Shoprite
Wiese’s holdings in Shoprite amount to an 11.58-percent stake, valued at over $780 million.
South African tycoon Jannie Mouton gains $27 million from Capitec’s stake in six days
Mouton owns a 5.11-percent stake in Capitec Bank, equivalent to 6,034,518 shares, through his Jf Mouton Familietrust.
South African billionaire Michiel Le Roux gains $245 million from Capitec stake
Le Roux owns an 11.39-percent stake in Capitec Bank. This stake makes him one of the richest men on the continent.
South Africa’s Ackerman family loses $35 million in 24 hours as Pick ‘n Pay shares plunge
The Ackerman family owns a substantial 25.53-percent stake in Pick ‘n Pay, or 124,677,238 shares.