African Billionaires — Billionaires Africa — Sasol — Simon Baloyi — South Africa — South African tycoon — Southern Africa
Sasol led by Simon Baloyi posts first loss since 2020 following $3.2 billion in impairments
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Laurence Rapp-led Vukile acquires mall in Portugal for $72 million
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South Africa’s richest man, Johann Rupert’s net worth, surged by $1.1 billion in less than 24 hours, reaching $14.3 billion.
Rob Hersov backs U.S. aid cuts to South Africa
South African billionaire Rob Hersov backs U.S. aid cuts to South Africa, calls for more sanctions against ANC.
Wema Bank, backed by Adebutu, launches $93.7 million rights issue
Wema Bank, backed by Kessington Adebutu, launches $93.7 million rights issue to boost capital and meet CBN's 2026 recapitalization deadline.