Duncan Wanblad-led Anglo American plans $26 million upgrade at Quellaveco mine
The upgrade aims to enhance production capacity and sustainability efforts amid rising global demand for copper, a critical metal in the clean energy transition.
South African executive
South African executive Simon Baloyi-led Sasol wins $241 million Transnet payout
The payment resolves all pending litigation between the two state-backed firms, according to a Sens announcement issued after the market closed on Friday.
Neal Froneman-led Sibanye reports 289 workers trapped in South Africa mine
Details on the cause of the incident remain scarce, but the company is actively conducting safety checks and shaft inspections before hoisting workers to the surface.
Fani Titi-led Investec targets $139 million share buyback
Investec, led by Fani Titi, will repurchase $139 million in shares over 12 months, signaling strong earnings and capital discipline despite global headwinds.
Vukile, led by Laurence Rapp, completes $7.5 million Bedworth Center upgrade
The upgrade is part of Vukile’s ongoing effort to invest with real purpose, shaping spaces that are built around the people who use them every day.
Gerrie Fourie’s salary at Capitec Bank totals $5.6 million
This reflects his role in steering the bank through a period of significant growth, strengthening its position as a leader in the country’s financial sector.
Dominic Sewela's Barloworld $1.2 billion bid gets PIC backing
The PIC has pledged its support by agreeing to accept a standby offer for 41.6 million Barloworld shares, which translates to 21.93 percent of the company’s total issued shares.
Vodacom, led by Shameel Joosub, poised for major comeback
The Johannesburg-listed telecom giant raised medium-term guidance, signaling a potential turnaround driven by gains in Egypt and fintech.
Rodney Sacks, South African executive behind Monster Energy’s $57 billion rise
Rodney Sacks, a South African-born lawyer, built Monster into a $57 billion giant, transforming the global energy drink industry.
JP Morgan buys $30 million in new shares of Mpumi Madisa-led Bidvest
The $30 million purchase reflects JP Morgan’s growing confidence in Bidvest’s leadership and operational strength across freight, services, and automotive sectors.
Anthony Leeming pockets $1.2 million salary in 2024
The South African executive’s R23.15 million ($1.23 million) pay in 2024 reflects his impact on Sun International’s success.
Glencore, led by South Africa’s Gary Nagle, commits $329 million to cleaner fuels
The funds will go toward installing new equipment at Astron Energy’s 100,000-barrel-per-day crude oil refinery near Cape Town.
Sun International: South African executive Anthony Leeming to retire as CEO after 8-year tenure
Leeming, who has been with the company since 1999, has been instrumental in guiding Sun International through the challenges posed by the COVID-19 pandemic.
South African executive, Gary Nagle, leads Glencore to $231 billion revenue in 2024
Despite the topline growth, adjusted EBITDA dropped 16 percent to $14.4 billion, weighed down by lower energy coal prices.
Johannesburg fund led by Laurence Rapp acquires Valencia’s biggest mall for $332 million
The €305 million ($332 million) deal was executed through Castellana Properties, Vukile’s 99.5%-owned Spanish subsidiary.
Bidvest, led by South African executive Mpumi Madisa, secures UK nod for Citron takeover
This marks a major step in Bidvest’s global expansion, strengthening its position in hygiene, facilities management, and distribution services.