Piet Mouton: South African billionaire holding $580 million in Capitec shares
Mouton’s rise from corporate corridors to billionaire status epitomizes visionary entrepreneurship and leadership.
South Africa
South African executive July Ndlovu drives Thungela’s expansion despite declining demand
Ndlovu drives Thungela’s expansion despite declining demand.
South African banker Alan Pullinger’s salary at FirstRand amounts to $2.5 million
Pullinger owns a beneficial 0.11-percent stake in the financial services giant — a stake presently valued at more than $20 million.
South African tech tycoon Zak Calisto suffers $18.7-million loss
Calisto, who founded Karooooo in 2001 to provide stolen car recovery services in South Africa, holds a 74.73-percent stake in the company.
5 companies owned by South African businessman Des de Beer
De Beer, a prominent property tycoon and influential business executive, stands among South Africa’s wealthiest individuals.
South African tycoon Neal Froneman loses nearly $7 million in just over 100 days
Froneman owns a 0.3-percent stake, or 8,382,849 ordinary shares, in the precious metal mining group.
Mary Vilakazi: South African business executive earning millions from FirstRand
Appointed as FirstRand’s COO in July 2018, Vilakazi has played a pivotal role in propelling the institution’s sustained expansion.
South African tycoon Des de Beer’s REIT sells $51-million stake in UK company
Under the leadership of de Beer, Resilient has emerged as a key player in the real estate sector.
Cameroon’s richest man Baba Ahmadou Danpullo brings MTN to its knees
Earlier this year, Danpullo accused First National Bank of orchestrating the misleading seizure and liquidation of his South African properties.
South African tycoon Steve Phiri to earn $2.8 million as Implats finalizes takeover
An additional payment of R7 million ($369,000) for Steve Phiri and R5 million ($263,300) for Neil Carr will also be made over the next year.
5 companies linked to South African tycoon Mohammed Akoojee
The 2022 acquisition of Imperial Logistics by DP World, guided by Akoojee, underscored his role in driving organizations to unparalleled success.
Bob van Dijk, CEO of Africa’s biggest company, suffers $6-million loss in August
Van Dijk, who has been CEO of Naspers since 2014, owns a 0.24-percent stake in the South African conglomerate.
Dangote’s net worth surges to $11 billion, overtaking South African billionaire Johann Rupert
With his net worth presently standing at $11 billion, the disparity in wealth between Dangote and Rupert becomes evident.
German court initiates extradition process for disgraced South African billionaire Markus Jooste
However, the intricate diplomatic process required for Jooste’s extradition remains uncertain.
Sizwe Nxasana: South African accountant who led Africa’s most valuable bank for a decade
South African business executive and distinguished accountant Sizwe Nxasana stands out as an architect of transformation and growth.
South African Ackerman family faces $20-million loss since start of August
The Ackerman family owns a notable 25.53-percent stake in Pick ‘n Pay, constituting 124,677,238 issued shares.