The $28.8-million interim dividend will be deposited into Patrice Motsepe’s bank account on Mon., April 8, 2024.
South African billionaire
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Despite recording substantial year-to-date losses totaling $687 million, Glasenberg’s recent ascent in wealth has been notable.
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The recent surge in the lender’s share price comes on the heels of its recent acquisition of a majority stake in Cyprus-based …
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Capitec Bank, founded two decades ago by Michiel Le Roux, Jannie Mouton, and Riaan Stassen, has evolved into a globally renowned banking …
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Startup backed by South billionaire Koos Bekker’s Naspers secures $16 million from Standard Bank
The recent funding from Standard Bank is a significant milestone toward achieving this goal and transforming auto financing for traditionally underserved demographics.
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With his current fortune of $10.5 billion, Oppenheimer claims the 229th spot on the global list of the wealthiest individuals.
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This $38.5-million boost in his stake in Capitec Bank further cements his position as one of the wealthiest investors on the JSE.
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The $600-million recent surge in his fortune is linked to the performance of Rupert’s 9.14-percent stake in Richemont.
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Africa’s first Black billionaire Patrice Motsepe’s ARM reports $157.8 million in earnings
Headline earnings plummeted by 43 percent, falling from R5.17 billion ($275.5 million) in the first half of 2023 to R2.96 billion ($157.8 …
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Sanlam CEO Paul Hanratty, a notable figure in South Africa’s business landscape, lauded the company’s robust delivery in the face of extraordinary …