South African tycoon Noluthando Gosa suffers $13-million loss from ArcelorMittal stake
Gosa derives most of her fortune from a well-diversified investment portfolio, including a 6.15-percent stake in the Gauteng-based steelmaker.
Southern Africa
7 assets owned by Kevin Durant
Durant is one of the world’s highest-paid athletes, with lucrative endorsements from big names like Gatorade, Degree, and a recent lifetime sneaker deal with Nike.
7 companies linked to South African businessman Barry Stuhler
With over 30 years of experience in property management and real estate investment, Stuhler’s impact on the industry is unmatched.
Stephen Saad’s Aspen to pioneer South Africa’s first human insulin production
Established in 1997 by Saad, Aspen has steadily expanded its global presence in the pharmaceutical sector.
South African banker Alan Pullinger loses $2.7 million from FirstRand stake
Alan Pullinger remains one of South Africa’s most affluent executives and one of the wealthiest investors on the Johannesburg Stock Exchange.
South African banker Jacques Celliers’ salary at FirstRand amounts to $2.2 million
Celliers, a South African multimillionaire banker and executive who is also an engineer by training, joined FirstRand in 2000.
South Africa’s Ackerman family faces $205-million loss in Pick ‘n Pay shares
The Ackerman family, renowned for their wealth and investments, holds a 25.53-percent stake in Pick ‘n Pay.
Shoprite to pay South African billionaire Christo Wiese $13.8-million dividend
Wiese owns an 11.58-percent stake in Shoprite, valued at more than $900 million.
Zimbabwe’s richest man Strive Masiyiwa’s net worth surges by $100 million in 15 days
Masiyiwa continues to demonstrate his ability to adapt to changing market dynamics, making him a top figure on the African continent.
South African exec Tsholofelo Molefe earns $1.1-million salary from MTN Group in 2022
Under Molefe’s astute leadership as group CFO, MTN Group has experienced a remarkable surge in profitability and revenue.
South African-born business executive Bob van Dijk departs as CEO of Naspers, Prosus
Van Dijk has been the CEO of Naspers since 2014.
Hitesh Anadkat, one of Malawi’s richest, surpasses $245 million in year-to-date gains
Anadkat presently holds an impressive 35.51-percent stake in FMB Capital, which translates to 872,924,575 ordinary shares.
7 companies owned by Egypt’s richest man Nassef Sawiris
Sawiris derives his wealth from his holdings in Adidas, the renowned sportswear giant, and OCI N.V., a Netherlands-based fertilizer producer.
South African businessman Mfundo Nkuhlu earns $1.6-million salary from Nedbank in 2022
Nkuhlu has been the COO and executive director of Nedbank Group since January 2015, when he was appointed by the group’s board of directors.
South African-born tycoon Barry Stuhler takes $20-million hit from Lighthouse stake
Stuhler owns a 9.72-percent stake in Lighthouse Properties. His stake amounts to 172,699,222 shares.
South African exec Kenny Fihla earns $2.4-million salary from Standard Bank
Fihla’s 2022 compensation package marked an impressive 11.5-percent increase over the previous year’s reward of $2.2 million.