4+ day, 19+ hour ago   (603+ words) Johann Rupert has put his 39-year-old son Anton in charge of Richemont's creative and commercial direction as non-executive co-deputy chairman, announced on the day of the group's annual general meeting. South African billionaire Johann Rupert has appointed his son Anton…...

6+ day, 14+ hour ago   (378+ words) Martin Moshal built his fortune on online gambling and lives in Sydney. He is the largest donor to ActionSA and BOSA, second-largest to the DA. Asked about a gambling ban, one party declined to comment and another declined to answer....

6+ day, 21+ hour ago   (1727+ words) Lebashe holds 8.5 million Capitec shares worth R39.6 billion, pledged to two banks as security for the loans that bought them. Lebashe Investment Group told a South African court in 2022 that it held approximately 8.5 million shares in Capitec Bank Holdings, the Johannesburg-listed…...

1+ week, 1+ day ago   (664+ words) Capitec founder Michiel le Roux has donated $13 million to the Democratic Alliance over five years, the largest sum from any individual donor. Michiel le Roux has given the Democratic Alliance more than R208 million ($13 million) over the past five years, more…...

1+ week, 1+ day ago   (1050+ words) Sipho Nkosi built Exxaro into a major coal producer, retired in 2016 and now chairs Talent10, which has backed IoT, films, gaming and insurance. Sipho Nkosi spent a decade running one of Africa's largest coal producers. He now chairs a company that…...

1+ week, 1+ day ago   (1229+ words) Douw Steyn bought a bankrupt insurer in 1984 and built Budget Holdings Limited, Steyn City and the Saxon Hotel before his death in February 2025. Douw Steyn was a quantity surveyor who could not get an insurance licence. In 1984 he bought a…...

1+ week, 4+ day ago   (523+ words) Cartier has opened its first New Zealand store, on Auckland's Queen Street. It is the eighth in Oceania for the house that has driven most of billionaire Johann Rupert's recent gains and Richemont's third brand on the same street. Cartier…...

1+ week, 4+ day ago   (719+ words) Brimstone's cash dividends rose 76.5% to R161.4 million and net asset value 11.7%, even as US health funding cuts hit its Obsidian business. Fred Robertson's Brimstone Investment Corporation collected 76.5% more in cash dividends from the companies it owns during the first half of…...

1+ week, 4+ day ago   (434+ words) Prosecutors withdrew fraud charges against Antonio Iozzo over a R800 million family trust dispute. He now plans a damages claim against the state. South African prosecutors have dropped the fraud case against Antonio Iozzo, the insurance entrepreneur, and he intends to…...

1+ week, 4+ day ago   (708+ words) Forbes and Bloomberg subtract debt, discount illiquid stakes and refuse to count assets they cannot verify. A billion-dollar holding is not enough. A businessman crosses a billion dollars on paper. The stake is listed, the price is public, the arithmetic…...