South African executive Anton De Bruyn pockets $1.7 million from Shoprite in 2024
This represents a 55.47 percent increase from his 2023 remuneration, reflecting both his contributions and the group's strong financial performance.
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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.
South Africa's richest billionaire adds $1.58 billion to his fortune in just 24 hours
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
This corresponds to a 5.24 percent drop in Aspen’s stock price on the Johannesburg Stock Exchange (JSE) in 9 days.
South Africa’s richest man, Johann Rupert’s Richemont, reports $16.7 billion in nine-month sales
Richemont posts $16.7 billion nine-month sales, driven by record-breaking Q3 and resilience despite challenges, with Japan leading 25% regional growth.
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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.