Le Roux owns an 11.39-percent stake in Capitec Bank, making him one of the richest men on the continent.
South African billionaire
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The 82-year-old South African businessman’s journey in the diamond industry began in 1976 when he purchased a mine along the Orange River.
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Billionaire Patrice Motsepe donates $1.55 million to alleviate student debt in South Africa
Motsepe, who achieved the status of Africa’s first Black billionaire in 2008 through success in the mining industry, has consistently been a …
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Wiese holds a 10.67-percent stake in Shoprite, equivalent to 63,110,920 shares valued at over $850 million.
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Despite the recent setback, Motsepe retains his position as the wealthiest Black individual in Southern Africa.
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Shoprite backed by South African tycoon Christo Wiese secures $64 million from Standard Bank
The funding, part of Shoprite’s ongoing expansion initiative, is set to address the anticipated volume and logistics demands for the next decade.
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Berson, who has been the CEO of Bidcorp since 2016, commended the exceptional revenue figures and financial performance.
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Seacom CEO Alpheus Mangale revealed the company’s growth strategy, highlighting the crucial role of acquisitions in its expansion plans.
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The move is aimed at fortifying the fund’s balance sheet, providing it with increased financial flexibility for potential acquisitions in both South …
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The recent increase in Rupert’s fortune is linked to the performance of his 9.14-percent stake in Richemont.