FirstRand to appeal UK Court ruling on motor finance broker transparency
In its appeal, FirstRand argues that motor dealers should not be held to fiduciary standards or be required to provide impartial advice.

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Koos Bekker's Prosus backs Rain’s $75 million funding round
Under South African billionaire Koos Bekker, Prosus continues its efforts to support tech solutions that address the evolving needs of workers worldwide.

Laurence Rapp-led Vukile acquires mall in Portugal for $72 million
Vukile Property Fund expands its Iberian retail portfolio with a $72.2 million acquisition of Forum Madeira, strengthening its foothold in Portugal’s tourism sector.

Johann Rupert gains $1.1 billion in just 24 hours
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.