Stephen Saad’s Aspen faces $148.7 million contract dispute
Aspen shares dive 30% amid $148.7 million mRNA tech dispute, stoking investor fears over financial stability.
South African tycoon
Mzi Khumalo: South African tycoon who built Capital Alliance into an $8 billion asset manager
South African entrepreneur Mzi Khumalo built Capital Alliance into an $8 billion asset manager, blending sharp business acumen with social impact.
South African tycoon Barry Stuhler’s Lighthouse declares $29.5 million dividend
This represents a 17.08 percent increase compared to the previous year, driven by stronger-than-expected tenant sales and a strategic expansion of its property portfolio.
Stephen Saad’s wealth takes a hit as Aspen Pharmacare stock plunges, erasing $41 million
This downturn follows a $44 million gain in January, which had lifted his stake to R10.26 billion ($550.1 million).
South African tycoon Mike Teke’s Seriti unveils new coal mine, 300 jobs to follow
With this new mine, Seriti cements its lead as the largest black-controlled coal producer while securing a stable, long-term coal supply for power stations.
Sibanye, led by South African tycoon Neal Froneman, strikes chrome management deal with Glencore
The deal will see Glencore’s joint venture with Merafe Resources oversee Sibanye’s chrome recovery plants in South Africa.
South African tycoon Steven Herring-led Heriot REIT, raises stake in JSE-listed Texton to $15.4 million
The move, disclosed in a regulatory filing on Friday, Feb. 14, 2025, reflects the continued focus of Heriot REIT.
South African tycoon, Terrence Moolman, rakes in $4 million from Caxton shares
In just six days, the market value of his stake has climbed by $4.06 million, bringing his total holdings to $124.26 million.
South African tycoon Adrian Gore earns $1.7 million salary from Discovery in 2024
Discovery CEO and Co-founder Adrian Gore’s 2024 compensation package comprises a secure base pay of $448,843 and a performance-based short-term incentive of $565,687.
Stephen Saad’s stake in Africa’s largest pharmaceutical company sinks below $600 million
South African pharmaceutical tycoon Stephen Saad faces setback as Aspen Pharmacare shares decline.
South African tycoon Terrence Moolman’s Caxton stake surges above $130 million
This surge is driven by the sustained rise in the shares of the leading publisher of books, newspapers, and magazines on the Johannesburg Stock Exchange (JSE).
South Africa’s Jonathan Jawno makes $4 million from Transaction Capital stake
Although the recent surge boosted investor confidence, Transaction Capital shares remain down 57.28 percent year-to-date.
Aspen’s market slump wipes $52 million from South African tycoon Gus Attridge’s stake
Attridge, who serves as the group’s chief advisor, holds a 4.3-percent stake in the Durban-based pharmaceutical giant, amounting to 19,033,829 shares.
South African tycoon Terrence Moolman sees $9.2-million increase from Caxton shares
This gain brings his total holdings to nearly $130 million, reinforcing his position as a leading figure in South Africa's media industry.
South African tycoon Stephen Brookes gains $2.3 million from Balwin stake in 10 days
Real estate mogul Stephen Brookes, the founder and the largest shareholder of Balwin Properties, owns 36.08 percent of the Johannesburg-based property developer.
South African tycoon Giovanni Ravazzotti’s Italtile stake nears $330 million
Ravazzotti’s stake in Italtile nears $330 million thanks to a $21.9-million gain in 14 days.