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Mafia In Africa | The Namibian

Mafia In Africa | The Namibian
namibian.com.na - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from namibian.com.na Daily Mail and Mail on Sunday newspapers.

Lesotho , Rome , Lazio , Italy , Omaruru , Erongo , Namibia , France , Israel , Iran , Singapore , Bangkok

Meet Michiel Le Roux, founder of Capitec bank who listed on Forbes Africa's billionaire list

Meet Michiel Le Roux, founder of Capitec bank who listed on Forbes Africa's billionaire list
iol.co.za - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from iol.co.za Daily Mail and Mail on Sunday newspapers.

Cape-town , Western-cape , South-africa , Johannesburg , Gauteng , Nigeria , Stellenbosch , Nigerian , South-african , South-africans , Allan-gray , Koos-bekker

'Treat your investments like relationships'

'We're looking for the companies that are going to dominate the market in three, four, five years' Investment rockstar David Shapiro – deputy chair, Sasfin.

New-york , United-states , Netherlands , Paris , France-general- , France , Turffontein , Gauteng , South-africa , Belgium , Rosettenville , Zurich

'I'm not retiring; I'm refocusing,' says the only CFO Capitec has ever had

The retirement of Capitec CFO André du Plessis marks the departure of the last standing so-called "Baland Bank dream team" who established Capitec.

Boland-bank ,

Shares, Funds and Portfolios

Online Share Trading for beginners and professional traders. You have a choice to manage your own portfolio or you can choose to have us manage it for you.

Arkansas , United-states , Lydenburg , Mpumalanga , South-africa , Braamfontein , Eastern-cape , Usutu , Swaziland-general- , Swaziland , Meyerton , Gauteng

Could South Africa soon 'lose' one of its dollar-billionaires?


Data released by Forbes this week has confirmed that South Africa has five dollar-billionaires who are still citizens within the Republic. Four of them – Johann Rupert, Nicky Oppenheimer, Patrice Motsepe, and Koos Bekker – have all increased their wealth over the past 12 months. And then there’s Michiel le Roux…
Who is Michiel le Roux?
– MLR was born in Stellenbosch. He is 71 years old, and currently married.
– He founded Capitec Bank in 2001 – and owns about an 11% stake.
– The bank has more than 800 branches and over 13,000 employees, according to Forbes.
– He served as chairman of the board of Capitec from 2007 to 2016 – and has continued on as a board member ever since.

Cape-town , Western-cape , South-africa , Stellenbosch , South-african , Le-roux , Johann-rupert , Patrice-motsepe , Nicky-oppenheimer , Koos-bekker , Michiel-le-roux , Capitec-bank

Africa's Richest 2021 - Forbes Africa


Forbes Africa
Published 2 months ago
By David Dawkins, Ariel Shapiro, Momina Khan, Jennifer Wang, Chase Peterson-Withorn and Kerry A. Dolan
In Africa—as elsewhere in the world—the wealthiest have come through the pandemic just fine. The continent’s 18 billionaires are worth an average $4.1 billion, 12% more than a year ago, driven in part by Nigeria’s surging stock market. For the tenth year in a row, Aliko Dangote of Nigeria is the continent’s richest person, worth $12.1 billion, up by $2 billion from last year’s list thanks to a roughly 30% rise in the share price of Dangote Cement, by far his most valuable asset. The second richest is Nassef Sawiris of Egypt, whose largest asset is a nearly 6% stake in sportswear maker Adidas. At number three: Nicky Oppenheimer of South Africa, who inherited a stake in diamond firm DeBeers and ran the company until 2012, when he sold his family’s 40% stake in DeBeers to mining giant AngloAmerican for $5.1 billion.

United-states , Dubai , Dubayy , United-arab-emirates , United-kingdom , Mamelodi , Gauteng , South-africa , Lesotho , China , Burundi , Cape-town