Latest news with #R29m
The South African
7 days ago
- Business
- The South African
Three Springboks in new list of best-paid rugby players
It's always interesting to see where rugby players might rank when it comes to earnings, particularly considering how numerous Springboks continue to ply their trade overseas, while Japan remains a particularly lucrative destination. In a comprehensive study released by , some noteworthy figures have certainly been pinpointed in a ranking of the 30 highest-paid rugby players in the world for the 2024/25 campaign. 'Their latest report is more than just a list; it's a deep dive into the evolving economics of the sport. They've uncovered the definitive earning figures, year-over-year changes, and the strategic moves that are reshaping player value and the global balance of power,' read a statement explaining the fascinating list of player incomes in rugby. At the top of the list, the highest paid rugby players in the world for 2024/25 is France-based Englishman Owen Farrell, reportedly earning a whopping £1.2m (R29m) at Racing 92. The report lists three Springboks: Cheslin Kolbe (Tokyo Sungoliath), Faf de Klerk (Canon Eagles) and Siya Kolisi (Sharks), in fourth, fifth and sixth respectively on £930k (R22.5m), £900k (R21.8m), £808k (R19.6). You can read the full breakdown here 1 Owen Farrell – £1.2m2 Richie Mo'unga – £1.04m3 Finn Russell – £1m4 Cheslin Kolbe – £930k5 Faf de Klerk – £900k6 Siya Kolisi – £808k7 Dan Biggar – £800k8 Maro Itoje – £800k9 Beauden Barrett – £780k 10 Antoine Dupont – £700k
Zawya
17-04-2025
- Business
- Zawya
South Africa: Oceana invests $1.5mln in US seafood innovation fund
The Oceana Group has committed $1.5m (R29m) to the US-based Hatch Accelerator Fund II, which targets early-stage companies focused on innovative seafood systems, processes, and technologies. The fund, with a total of $12m (around R226m), aims to support about 30 portfolio companies over its 10-year term. Its investment strategy focuses on achieving strong financial returns while promoting environmentally sustainable practices. The fund has a global mandate with a strategic emphasis on the US market. This investment aligns with the fish and food group's commitment to driving growth, diversification, and sustainable value creation for all stakeholders. Long-term sustainable returns Neville Brink, Oceana CEO, says that while the investment is modest, it targets long-term sustainable returns and gives Oceana access to international expertise, a network of companies at the forefront of seafood innovation, and a pipeline of potential investment opportunities and partnerships. "This investment provides us with valuable insights into seafood innovation, enabling Oceana to capitalise on emerging trends and technologies at the forefront of the industry." To date, Hatch Blue has funded more than 70 companies across three funds, all operating within nutrition, supply chain, genetics, technology, health, alternative seafood, novel production systems, regenerative aquaculture, marine biotech, and blue-carbon subsectors. Carsten Krome, Hatch Blue co-founder, says: "We are always extremely happy to be able to include strategic investors such as Oceana Group to our group of Limited Partners as they provide valuable know-how, network and partnership opportunities to our portfolio. We are honoured to be a part of Oceana's growth and diversification strategy." The Group has worked closely with the Hatch Blue team since 2020, with Hatch providing specialist consultancy services to Oceana on a project basis.
