Italtile shares plunge: Giovanni Ravazzotti loses $83 million in just 8 weeks
Despite the decline, Ravazzotti remains a key player in South Africa’s retail and manufacturing sector.
South African businessman
South African tycoon Gus Attridge loses $15.73 Million as Aspen stake sinks
Attridge, co-founder and group chief advisor of Aspen Pharmacare, holds a 4.3-percent stake in the company.
5 companies owned by South African businessman Lazarus Zim
His career—spanning executive leadership, major acquisitions, and boardroom influence—reflects a deep understanding of South Africa’s shifting economic landscape.
Absa, led by Sello Moloko, strikes deal to expand South Africa’s mobile marketplace for farmers
The investment aims to improve agricultural efficiency and expand market access in one of Africa’s most crucial sectors.
South African businessman Barry Swartzberg’s Discovery stake rebounds by $20 million
The surge cements Swartzberg’s position as one of South Africa’s richest investors and a key player on the JSE.
South African businessman Giovanni Ravazzotti’s stake in Italtile slumps below $500 million
This adds to an earlier loss of $46.83 million between Jan. 1 and 13, when his stake in Italtile dropped from $551.82 million to $504.99 million.
Africa’s largest asset manager sells $7.9 million stake in Jonathan Jawno-led Transaction Capital
PIC's decision reflects a strategic adjustment in response to rising costs and a slow economy, affecting South African businesses like Transaction Capital.
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.
Des de Beer adds to Lighthouse stake with $13.7 million share purchase in 2024
Des de Beer increased his Lighthouse Properties stake by 1.61 percent, acquiring $13.7 million in shares throughout 2024.
Anton Pillay: Business leader at the helm of $37 billion South African asset manager
Anton Pillay leads Coronation Fund Managers, overseeing $38.7 billion in AUM, driving sustainable growth and ethical investment practices.
Karooooo’s half-year revenue rises seven percent to $124.2 million on subscription growth
Total revenue climbed 7 percent to R2.19 billion ($124.2 million) from R2.04 billion ($115.7 million) a year earlier.
Vantage finalizes $71.7-million debt investment in Camusat to enhance telecom services
The partnership between Vantage Capital and Camusat Holding aims to drive connectivity and sustainability across Africa.
PSG Group records $37.1-million profit in H1 2024
Total income increased by 13.04 percent to $186.28 million, driven by improved customer activity and market-linked revenue streams.
