Both men have seen their wealth rocket since the start of the year.
In response to his announcement, Econet Wireless’ board of directors announced the appointment of Elizabeth Tanya Masiyiwa, one of Masiyiwa’s six children, to the board of the telecom company to propel the firm’s growth. Motsepe credits his early business education with exposure to his father's small spaza shop, and was a lawyer before moving into mining.
Manufacturing magnate Aliko Dangote, from Nigeria, is the richest person on the African continent by a considerable margin, with a net worth calculated at close to $14 billion at the end of last year. His family features figures such as his great-grandfather Alhassan Dantata, once ranked the richest person in West Africa.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Africa’s richest man betting $21bn on oil and fertilizerAliko Dangote's $20.5bn oil refinery & fertilizer complex is said to be the biggest crude refinery of its kind in the world & the largest investment ever made in Nigeria.
Source: Moneyweb - 🏆 5. / 77 Read more »
Business Maverick: Africa’s Richest Man Is Betting $21 Billion on Oil and FertiliserWhen Aliko Dangote, Africa’s richest person, decided to construct a refinery in southern Nigeria on a plot of swampland almost half the size of Manhattan, he turned to a man who’s helped him transform a small trading company into an industrial empire spanning the continent. Im Sure $21Bn could solve world hunger .... Harrismayson0 ɪ ᴡᴀs sᴏ ᴇxᴄɪᴛᴇᴅ ᴡʜᴇɴ ɪ ᴏᴘᴇɴᴇᴅ ᴍʏ ᴡᴀʟʟᴇᴛ ᴀɴᴅ sᴀᴡ ᴍʏ ᴘᴀʏᴍᴇɴᴛ ᴏғ $ 12,350. ᴡʜᴀᴛ ᴀ ʙᴏᴏsᴛ! ʏᴏᴜ ᴋɴᴏᴡ ᴇxᴀᴄᴛʟʏ ᴡʜᴀᴛ ɪ ᴡᴀɴᴛᴇᴅ ᴛʜᴀɴᴋ ʏᴏᴜ sᴏ ᴍᴜᴄʜ ғᴏʀ ᴛʜᴇ ᴘᴀʏᴍᴇɴᴛ
Source: dailymaverick - 🏆 3. / 84 Read more »
Salaries are declining in South Africa, but more people are getting paid, new data shows | BusinessinsiderMore employers, especially in the tourism and entertainment industries, are rehiring following the end of the national state of disaster. What? Thought the unemployment rate is rising
Source: BISouthAfrica - 🏆 34. / 51 Read more »
Freedom Day: whose freedom is it anyway?Poverty, unemployment and inequality have become persistently stubborn features of the post-apartheid South Africa.
Source: TheCitizen_News - 🏆 6. / 75 Read more »
Musk's Twitter purchase puts moral champion in crosshairsThe fate of Twitter's top attorney, deemed a moral champion of the platform, was in doubt Wednesday after Elon Musk tweeted displeasure with content moderation she had carried out. Harrismayson0 ɪ ᴡᴀs sᴏ ᴇxᴄɪᴛᴇᴅ ᴡʜᴇɴ ɪ ᴏᴘᴇɴᴇᴅ ᴍʏ ᴡᴀʟʟᴇᴛ ᴀɴᴅ sᴀᴡ ᴍʏ ᴘᴀʏᴍᴇɴᴛ ᴏғ $ 12,350. ᴡʜᴀᴛ ᴀ ʙᴏᴏsᴛ! ʏᴏᴜ ᴋɴᴏᴡ ᴇxᴀᴄᴛʟʏ ᴡʜᴀᴛ ɪ ᴡᴀɴᴛᴇᴅ ᴛʜᴀɴᴋ ʏᴏᴜ sᴏ ᴍᴜᴄʜ ғᴏʀ ᴛʜᴇ ᴘᴀʏᴍᴇɴᴛ Im willing to be an errand boy, a gardener or any form of odd job just to feed my children🙏🏾. They've been going to sleep on an empty stomach and that cripples me as a father. I humbly ask for any tinned food or grocer you don't need🙏
Source: ewnupdates - 🏆 30. / 53 Read more »
Soweto residents want R500 flat rate for electricityResidents in Soweto have called for an overhaul of South Africa’s electricity sector which it says is prejudiced against the country’s black working class. 😷 If this is per person - Great! If it is per household not a stuff! I am not going to subsidise a household of 12 people using unlimited electricity because they don't have to pay for their actual usage. Aren't we all equal? Can't we all then get the same?
Source: BusinessTechSA - 🏆 24. / 61 Read more »