Karooooo’s half-year revenue rises seven percent to $124.2 million on subscription growth
Total revenue climbed 7 percent to R2.19 billion ($124.2 million) from R2.04 billion ($115.7 million) a year earlier.
South African businessman
Vantage finalizes $71.7-million debt investment in Camusat to enhance telecom services
The partnership between Vantage Capital and Camusat Holding aims to drive connectivity and sustainability across Africa.
PSG Group records $37.1-million profit in H1 2024
Total income increased by 13.04 percent to $186.28 million, driven by improved customer activity and market-linked revenue streams.
South African businessman Christopher Seabrooke retires from Transaction Capital
Seabrooke’s decision to retire follows a series of transitions. In December 2022, he stepped down as the group’s independent non-executive chairman
South African tycoon Barry Swartzberg’s stake in Discovery slumps below $155 million
This recent slump compounds a previous loss of $7.91 million recorded between April 30 and May 16.
South African businessman Jens Montanana leads Datatec to $5.5 billion revenue
Jens Montanana also acknowledged the challenges faced by Logicalis Latin America, specifically in Argentina and Brazil, which hampered its financial performance.
South African businessman Des de Beer’s trust secures approval for $447-million bond listing
Rand Merchant Bank, a division of FirstRand, assumed the role of debt sponsor, further bolstering confidence in Resilient’s financial endeavors.
South African businessman Stephen Brookes loses $4.5 million in Balwin stake
Since Jan. 31, the market value of Brookes’ stake in Balwin Properties has declined by $4.55 million, decreasing from $21.84 million to $17.29 million.
FirstRand shares plunge, costing South African businessman Johan Burger $1.47 million
Burger, a former CEO and non-executive director at FirstRand, holds a 0.11-percent stake equivalent to 6,000,000 ordinary shares in the financial services giant.