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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The boost in Johann Rupert's wealth is tied to the performance of Richemont, the Swiss-based luxury conglomerate he chairs.
South African businessman Gus Attridge sees Aspen stake drop by $9.3 million
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South Africa’s richest man, Johann Rupert’s Richemont, reports $16.7 billion in nine-month sales
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Glencore, led by South Africa's Gary Nagle, explores merger talks with Rio Tinto
Glencore and Rio Tinto are in advanced talks for a merger that could reshape the global mining sector, rivaling industry leader BHP Group.
Nigeria’s richest banker Jim Ovia gains $8 million from Zenith Bank shares
This follows a tough 2024 marked by Nigeria's currency devaluation and economic challenges that weakened Ovia's investments.
Kenafric, led by Kenya’s Shah family, set for $100 million stake sale by private equity firms
The private equity firms have enlisted Nedbank Group to lead the sale process.
Moroccan real estate mogul Alami Lazraq sees $53 million wealth boost
Over the past sixteen days, his shares have increased by MAD536.49 million ($53.62 million), continuing the upward momentum seen throughout 2024.