South African tycoon Terrence Moolman sees $9.2-million increase from Caxton shares
This gain brings his total holdings to nearly $130 million, reinforcing his position as a leading figure in South Africa's media industry.
Related
South African tycoon Terrence Moolman’s Caxton stake surges above $130 million
This surge is driven by the sustained rise in the shares of the leading publisher of books, newspapers, and magazines on the Johannesburg Stock Exchange (JSE).
Terrence Moolman's Caxton delivers $37.1-million profit in 2024
Profit fell from R751.88 million ($42.39 million) in 2023 to R657.36 million ($37.07 million), driven by rising costs, and subdued consumer spending.
South African tycoon Terrence Moolman loses $3.6 million in Caxton stake in just 6 days
This setback comes after a previous gain of $5.6 million recorded between April 3 and May 20.
Latest
Pick n Pay secures $471 million in Boxer IPO to drive growth strategy
Boxer's oversubscribed listing marks one of Africa’s largest IPOs in 2024.
Naguib Sawiris adds nearly $600 million to fortune, maintains spot among Africa’s richest
The Egyptian billionaire’s wealth growth is attributed to the performance of his diversified investment portfolio.
Orascom Development gets $155 million loan to support green tourism in Egypt
The loan comprises two tranches—$96 million and $57.3 million—aimed at financing green upgrades and unlocking growth potential in El Gouna.
Anglo American sells steelmaking coal business for $4.9 billion
The sale includes a previously announced deal to sell its stake in the Jellinbah coal mine for $1.1 billion.