South African tycoon Adrian Gore gains $21 million from investment in Discovery
As the founder of the leading financial services group, Gore owns a 12.96-percent stake in Discovery, which amounts to 87,267,598 ordinary shares.
Southern Africa
Fani Titi, one of Africa’s leading executives, urges South Africans to ditch ‘useless’ politicians
Titi also acknowledged reasons for hope, highlighting a growing awareness of the urgent need for action to address South Africa’s challenges.
5 companies linked to South African businesswoman Noluthando Gosa
Gosa owns a substantial 6.15-percent stake in ArcelorMittal South Africa, a Gauteng-based steelmaker.
South African exec Terence Sibiya earns $1.1-million salary from Nedbank in 2022
Sibiya was appointed Nedbank’s managing executive for the rest of Africa in 2018, and, in 2020, he joined the group executive committee.
South African tycoon Jens Montanana suffers $6.4-million loss from Datatec stake
Montanana maintains his status as one of the wealthiest investors on the Johannesburg Stock Exchange.
Meet South African entrepreneur Paul Mashegoane: A serial company creator
Mashegoane’s journey is a testament to what can be accomplished when ambition, innovation, and a deep commitment to societal growth converge.
South Africa’s second-richest man Nicky Oppenheimer hit by $470-million loss in 12 days
Despite the decrease in his net worth, Oppenheimer’s present fortune of $8.48 billion makes him the world’s 247th richest individual and Africa’s third-richest man.
South African tycoon Stephen Brookes loses $1.8-million from Balwin stake
This significant downturn in Brookes’ stake underscores the challenges faced by Balwin Properties and its largest shareholder amidst the market turbulence.
South African tycoon Christopher Seabrooke earns $1.3-million salary from Sabvest in 2022
Seabrooke, who has been Sabvest CEO since 1987, has played a pivotal role in the company’s growth, marked by numerous milestones.
South African banker Jacques Celliers’ salary at FirstRand amounts to $2.4 million in 2023
Since assuming the mantle of FNB CEO, Celliers has made significant contributions through his leadership of the First National Bank segment.
Namibian tycoon Quinton van Rooyen faces $8.5-million loss in just one week
Van Rooyen, who owns an impressive 63.94-percent stake in Trustco, ranks as one of Namibia’s richest men.
South Africa’s richest man Johann Rupert loses another $800 million in 18 days
Despite this recent setback, Rupert retains his status as South Africa’s richest individual, surpassing fellow South African magnate Nicky Oppenheimer.
South African banker Laurie Dippenaar loses $24 million from FirstRand shares
Dippenaar’s 1.76-percent stake in FirstRand is now worth $316.9 million.
Hitesh Anadkat, one of Malawi’s richest men, loses $22.65 million in 21 days
Anadkat presently owns an impressive 35.51-percent stake in FMB Capital, which translates to 872,924,575 ordinary shares.
5 companies linked to South African business executive Maria Ramos
Before joining AngloGold Ashanti, Ramos was the CEO of Absa Group Limited, a key player in Africa’s financial services sector.
South African exec Mark Blair faces pay cut as Mr. Price misses financial goals
The decline in Blair’s remuneration underscores the complex relationship between executive compensation and a company’s financial performance.