Tag: South Africa

South Africa’s richest man Johann Rupert gains $900M; net worth rises to $19.1B

South Africa’s Johann Rupert sees fortune rebound by $900 million, lifting his net worth to $19.1 billion amid Richemont stock gains.

Omokolade Ajayi Omokolade Ajayi

Hyprop sells half of Woodlands Boulevard for $49.6 million, keeps stake for future growth

Hyprop sells half of Woodlands Boulevard for $49.6 million while keeping a 50% stake to support future growth.

Omokolade Ajayi Omokolade Ajayi

South Africa’s Eskom gets $3.4 billion boost from revised electricity tariffs

South Africa’s Eskom gains $3.4 billion from tariff correction, boosting finances and funding power plant upgrades.

Omokolade Ajayi Omokolade Ajayi

Discovery acquires Sandton head office for $252.7 million, cancels Phase 2 lease

Discovery acquires 1 Discovery Place for $252.7 million, cancels Phase 2 lease, and strengthens its Johannesburg headquarters ownership.

Omokolade Ajayi Omokolade Ajayi

Patrice Motsepe slips off world’s top 1,000 richest as net worth drops $400 million

Patrice Motsepe drops off Forbes’ top 1,000 richest after his net worth fell $400 million amid a slump in gold and mining stocks.

Omokolade Ajayi Omokolade Ajayi

Ninety One’s MTN stake tops $1 billion as Africa telecom bet deepens

Ninety One lifts MTN holding above $1 billion, joining top shareholders amid Africa telecom growth and strategic expansion.

Omokolade Ajayi Omokolade Ajayi

Motsepe-backed Tyme Group renames SA unit GoTyme Bank after $1.5B success

Tyme Group renames its SA unit GoTyme Bank, unifying global operations and enhancing digital banking services.

Omokolade Ajayi Omokolade Ajayi

South African shopping mall giant Vukile buys Berceo mall in northern Spain

South Africa’s Vukile buys Berceo mall in northern Spain in a $127.6 million deal, expanding its Iberian shopping portfolio.

Omokolade Ajayi Omokolade Ajayi

Why Tswalu stands out as South Africa’s largest private safari reserve

Set in the southern Kalahari, Tswalu blends scale, restraint and conservation to redefine private safari travel in South Africa.

Editorial Team Editorial Team

Mukuru and Travelex team up to boost cash access in South Africa

At a Glance Mukuru, a leading remittance and financial services provider, has partnered with Travelex to expand cash payout options for customers across South Africa. The collaboration aims to make sending and receiving money safer, faster, and more convenient for millions who rely on regular transfers for daily expenses.  The partnership introduces Travelex as an additional payout channel within Mukuru’s…

Oluwatosin Alao Oluwatosin Alao

South Africa moves ahead with new nuclear power plan

At a Glance South Africa is taking a decisive step toward reshaping its energy future as the government confirms plans to expand nuclear capacity and revive projects long considered stalled. The move aims to stabilize a national electricity system weakened by years of rolling blackouts, expensive diesel use, and pressure to reduce dependence on coal.  Energy experts say the country…

Oluwatosin Alao Oluwatosin Alao

Jordan Wine Estate Stellenbosch: Where fine living meets South African wine country

Jordan Wine Estate blends fine living, family heritage, and handcrafted wines in Stellenbosch’s serene, vineyard-covered hills.

Feyisayo Ajayi Feyisayo Ajayi