Skip to content
JP Morgan’s investment signals confidence in Sibanye-Stillwater’s ability to weather financial challenges and highlights the growth potential of the mining sector.
Despite the recent setbacks, Anadkat remains one of the wealthiest investors on the Malawi Stock Exchange.
Sibanye-Stillwater under Froneman faces a critical juncture, needing to navigate a series of impairments and potential covenant breaches to secure its financial future.
This issuance brings the total amount outstanding under the company’s seven-year bond program to R41.01 billion ($2.22 billion).
Calder’s recent wealth surge solidifies his position as a top figure on both the African and global stages, underscoring his enduring influence.
Pullinger’s newfound wealth cements his status as one of South Africa’s most affluent executives.
Motsepe, who became Africa’s first Black billionaire in 2008 thanks to his mining ventures, is establishing a new base for his fortune, building resilience, and seeking future opportunities.
Vivendi, partly owned by Bollore Group, is using its subsidiary Canal+ to steadily increase its stake in MultiChoice, signaling its expanding ambitions in Africa’s entertainment market.
Jawno, a founding member of Transaction Capital, holds a 9.59-percent stake in the group, amounting to 72,667,000 ordinary shares.
The surge in Rupert’s wealth, an average gain of $83.3 million per day since May 2, is attributed to the performance of his 9.14-percent stake in Richemont.
As a result of the recent share price decline, Ravazzotti, who founded Italtile in 1969 and owns a 33.88-percent stake (447,746,694 shares).
Rand Merchant Bank, a division of FirstRand, assumed the role of debt sponsor, further bolstering confidence in Resilient’s financial endeavors.
Rautenbach, a veteran South African banker with deep financial services expertise, holds a 0.026 percent stake (218,412 shares) in Absa Group.
With this transaction, Attacq now indirectly owns 100 percent of Mall of Africa, up from AWIC’s previous 80-percent holding.
Despite the decrease in his stake in Karooooo, Calisto remains one of Africa’s top tech entrepreneurs.
With his Shoprite stake now reapproaching the $1-billion mark, Wiese remains a billionaire, with his net worth likely exceeding $1.2 billion.