
South African



South African tycoon Stephen Brookes faces $1.8-million loss from Balwin stake
Brookes is Balwin Properties’ largest shareholder, holding 170,374,031 shares, or a 36.08-percent stake.

Pick ‘n Pay, led by South African Ackerman family, reveals $14.1 million in unclaimed cash-back rewards
The latest disclosure of unclaimed cash-back rewards underscores Pick ‘n Pay’s commitment to its loyal customers.

South African billionaire Christo Wiese-linked Shoprite posts strong sales in Q1 2023
Wiese owns 11.58 percent of the company, valued at over $860 million.

July Ndlovu-led Thungela posts record profit of $585 million as coal price soars
Thungela is a market leader in the production and export of high-quality, low-cost thermal coal.

South African tycoon Adrian Gore’s Discovery partners with AIA to set up pan-Asian health insurance technology business
Gore’s 7.4-percent ownership interest in Discovery is worth R8.2 billion ($546.7 million).