South African tycoon Adrian Gore gains $36 million from investment in Discovery
Gore holds a significant 7.48-percent stake in Discovery, which amounts to 48,599,758 ordinary shares.
South African tycoon
Whitey Basson: South African tycoon who turned Shoprite into a retail giant
Basson’s tenure at the helm of Shoprite marked a remarkable era that redefined the retail landscape through innovative strategies.
Neal Froneman says Sibanye will include Chinese partner in Mopani Copper Mines bid
Froneman emphasized that the partnership would materialize once negotiations concluded satisfactorily.
South African tycoon Johan Burger gains nearly $1 million from FirstRand stake
Burger, who has been a director at FirstRand since 2009, owns a minority 0.110-percent stake in the leading financial services group.
Distressed fund founded by South African tycoon Sisa Ngebulana to offload $380 million in assets
Rebosis Property Fund was established by Ngebulana in 2010.
South African executive Anton De Bruyn’s salary at Shoprite amounts to $1 million
De Bruyn’s 2022 compensation package comprises a secure base pay of $323,500 and a performance-based short-term incentive of $260,000.
South African tycoon Laurie Dippenaar suffers $7-million loss from FirstRand stake
Dippenaar presently holds a 1.76-percent stake in FirstRand, equivalent to 98,726,988 shares.
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.
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.
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.
South African tycoon Johan Burger gains $2.6-million from stake in FirstRand
Burger, who has been a director at FirstRand since 2009, owns a beneficial 0.11-percent stake in the leading financial services group.
South African tycoon Noluthando Gosa suffers $8.9-million loss
Gosa derives the majority of her fortune from a well-diversified investment portfolio, including a 6.15-percent stake in ArcelorMittal SA.
Alan Pullinger, CEO of Africa’s most valuable bank, gains $1.69 million in 17 days
Pullinger owns a minority stake of 0.1 percent in FirstRand, or 5,634,679 ordinary shares in the leading lender.
Mark Shuttleworth: 49-year-old tech tycoon who is the first South African in space
Shuttleworth’s entrepreneurial journey began in 1995 with the inception of Thawte Consulting.
Mxolisi Mgojo: South African tycoon with $4.8 million in Exxaro shares
Under Mgojo’s leadership, Exxaro Resources attained unprecedented heights.