Michiel Le Roux's Capitec Bank stake soars above $2.5 billion
Earlier, between Sept. 6 and 19, his stake increased by R1.68 billion ($95.3 million), lifting the value from R37.94 billion ($2.16 billion) to R39.62 billion ($2.26 billion).
Related
Patrice Motsepe’s firm barred from phosphate asset
Conservationists have fought against the project from the start, warning it could cause lasting damage to one of South Africa’s most sensitive ecosystems.
Johann Rupert’s Richemont finalizes YNAP divestment to Mytheresa
Richemont finalizes $609.7 million YNAP divestment to Mytheresa, marking a major shift in luxury e-commerce and boosting Mytheresa’s global market position.
Vukile, led by Laurence Rapp, completes $7.5 million Bedworth Center upgrade
The upgrade is part of Vukile’s ongoing effort to invest with real purpose, shaping spaces that are built around the people who use them every day.
Sibanye suffers $311 million loss under Neal Froneman
Sibanye-Stillwater narrows 2024 loss to $311 million under Neal Froneman, showing signs of recovery amid weak metal markets and operational restructuring.
Latest
Edha Nahdi's Bamburi Cement launches concrete plant in Mombasa
Bamburi Cement, now owned by Edha Nahdi’s Amsons Group, has launched a new concrete plant in Mombasa to meet rising demand and fuel its recovery.
Patrice Motsepe’s firm barred from phosphate asset
Conservationists have fought against the project from the start, warning it could cause lasting damage to one of South Africa’s most sensitive ecosystems.
Johann Rupert’s Richemont finalizes YNAP divestment to Mytheresa
Richemont finalizes $609.7 million YNAP divestment to Mytheresa, marking a major shift in luxury e-commerce and boosting Mytheresa’s global market position.
Vukile, led by Laurence Rapp, completes $7.5 million Bedworth Center upgrade
The upgrade is part of Vukile’s ongoing effort to invest with real purpose, shaping spaces that are built around the people who use them every day.