South African banker Arno Daehnke earns $2.3-million salary from Standard Bank
Daehnke’s career spans over two decades, and he has played diverse roles within Standard Bank Group since joining in 2001.
South Africa
South African billionaire Stephen Saad’s Aspen partners with Eli Lilly to expand medical access
Aspen Pharmacare, founded by Saad in 1997, has steadily fortified its global presence in the pharmaceutical sector for over two decades.
Whitey Basson: South African tycoon who turned Shoprite into a retail giant
Basson’s tenure at the helm of Shoprite marked a remarkable era that redefined the retail landscape through innovative strategies.
Fani Titi: South African businessman at the helm of billion-dollar Investec Group
South African businessman Fani Titi has emerged as a beacon of change within South Africa’s financial landscape.
Neal Froneman says Sibanye will include Chinese partner in Mopani Copper Mines bid
Froneman emphasized that the partnership would materialize once negotiations concluded satisfactorily.
South African tycoon Johan Burger gains nearly $1 million from FirstRand stake
Burger, who has been a director at FirstRand since 2009, owns a minority 0.110-percent stake in the leading financial services group.
South African tycoon Fleetwood Grobler-led Sasol entangled in $70-million lawsuit
In recent times, Grobler has been driving Sasol’s transition towards cleaner and renewable energy strategies.
South African tycoon Christopher Seabrooke loses $3 million from Sabvest stake
Seabrooke holds a significant 40.61-percent stake in the South African investment holding company.
Case filed by Cameroon’s richest man casts doubt on MTN’s $200-million investment
The legal uncertainty cast by Baba Ahmadou Danpullo, who ranks as Cameroon’s richest man, threatens the group’s $200-million investment.
Michiel Le Roux loses $110 million from investment in Capitec Bank
Le Roux holds an 11.39-percent stake in Capitec Bank.
South African tycoon Giovanni Ravazzotti to receive $5-million dividend from Italtile
Ravazzotti, a leading figure in the business landscape, owns a significant 33.88-percent stake in Italtile.
South African-born billionaire Patrick Soon-Shiong’s net worth slumps by $770 million
Despite his recent decline in fortune, Patrick Soon-Shiong remains among the richest African billionaires.
South African banker Mike Brown earns $2.3-million salary from Nedbank in 2022
Brown is the CEO of NedBank Group, one of the continent’s most valuable financial services groups.
South African billionaire Johann Rupert loses $1.1 billion in 23 days
Despite the latest slump in his fortune, Rupert still retains his position as South Africa’s richest man, ahead of Nicky Oppenheimer.
Africa’s richest: Dangote’s grip strengthens as net worth hits $11.2 billion
Dangote’s status as the richest man in Africa has been further fortified by a noteworthy increase of $200 million within a mere span of eight days.
Bank owned by Kenya’s richest families posts nearly $65 million in half-year profit
NCBA Group, which resulted from a momentous merger in 2019, is partially owned by the Kenyatta, Merali, and Ndegwa families.