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
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.
South African media mogul Terrence Moolman boosts fortune by $5.61 million
As Caxton’s CEO and co-founder, Moolman holds a 51.84-percent stake in the company, equivalent to 186,262,725 shares.
Latest
Egyptian businessman Mohammed Elsewedy's stake in electric giant exceeds $770 million
Elsewedy, who serves as the company's vice president, holds a 17.76-percent stake —equivalent to 385.6 million ordinary shares.
Egyptian billionaire Yasseen Mansour’s Palm Hills to increase stake in Macor Hotels
Palm Hills, which already owns 60.3 percent of Macor Hotels, will raise its ownership to 69.8 percent by acquiring a 9.5-percent stake.
Vista Equity, led by America’s second-richest Black person, aims to finalize $5.6-billion acquisition of PowerSchool
The deal reflects the growing demand for cloud-based education software and reinforces Vista’s commitment to enhancing student-driven technological innovations with a strategic focus in the education sector.
NCBA, backed by Kenya’s richest families, partners with fintech firm to boost African remittances
The collaboration aims to make money transfers faster, safer, and more affordable.