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Jannie Marais
Johannes Henoch Marais (8 September 1851 – 30 May 1915) was a South African mining magnate, politician and philanthropist who co-founded the multibillion-dollar media conglomerate Naspers and the University of Stellenbosch. He was affectionately known as Jannie in Dutch. Early life and career Marais was born on 8 September 1851 on the wine estate Coetsenburg in Stellenbosch, the youngest of ten children. He was educated at the Stellenbosch Gymnasium. In 1870, at the age of 19, he joined 3 of his older brothers who were prospecting for diamonds along the Vaal River. The following year, they went to New Rush, as Kimberley was then known. There, Marais earned a fortune. In 1880, he combined several mining interests to form the Kimberley Central Mining Company in which his brothers also had valuable shares. Later, the mining concern merged with De Beers Consolidated Mines and the brothers gained substantial interests in the company. Jannie Marais returned to Coetsenburg in 18 ...
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Coert Steynberg
Coert Steynberg (7 January 1905 – 28 July 1982) was a renowned South African sculptor, and medallist, who worked in stone, marble, bronze, copper and wood. His work is represented nationwide and internationally, including a statue of Bartholomew Dias in South Africa House in London, a monument to Andries Pretorius in Graaff-Reinet, and the Peace of Vereeniging monument in Vereeniging. He was the son of Johannes Lodewikus and Magdalena Susanna (Née Hamman). He married Elizabeth Johanna Maria Bosman. Steynberg is best known for sculpting a statue of Paul Kruger, found at the Kruger-gate, Kruger National Park. His most famous coin design is the pronking springbok on all gold Krugerrands. The springbok design was reused on the 5 shilling and 50 cents crowns from 1947 to 1964, the gold 1/2 Pound and 1 Pound coins of the 1952-60 issues, the gold 1 Rand and 2 Rand of the 1961-83 issues, and on the Krugerrand medal-coin Non-circulating legal tender (NCLT) refers to coins that are ...
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De Beers Consolidated Mines
De Beers Group is an international corporation that specializes in diamond mining, diamond exploitation, diamond retail, diamond trading and industrial diamond manufacturing sectors. The company is active in open-pit, large-scale alluvial and coastal mining. It operates in 35 countries and mining takes place in Botswana, Namibia, South Africa, Canada and Australia. From its inception in 1888 until the start of the 21st century, De Beers controlled 80% to 85% of rough diamond distribution and was considered a monopoly. Competition has since dismantled the complete monopoly; the De Beers Group now sells approximately 29.5% of the world's rough diamond production by value through its global sightholder and auction sales businesses. The company was founded in 1888 by British businessman Cecil Rhodes, who was financed by the South African diamond magnate Alfred Beit and the London-based N M Rothschild & Sons bank. In 1926, Ernest Oppenheimer, a German immigrant to Britain and later ...
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Cape Town
Cape Town ( af, Kaapstad; , xh, iKapa) is one of South Africa's three capital cities, serving as the seat of the Parliament of South Africa. It is the legislative capital of the country, the oldest city in the country, and the second largest (after Johannesburg). Colloquially named the ''Mother City'', it is the largest city of the Western Cape province, and is managed by the City of Cape Town metropolitan municipality. The other two capitals are Pretoria, the executive capital, located in Gauteng, where the Presidency is based, and Bloemfontein, the judicial capital in the Free State, where the Supreme Court of Appeal is located. Cape Town is ranked as a Beta world city by the Globalization and World Cities Research Network. The city is known for its harbour, for its natural setting in the Cape Floristic Region, and for landmarks such as Table Mountain and Cape Point. Cape Town is home to 66% of the Western Cape's population. In 2014, Cape Town was named the best place ...
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Worcester, Western Cape
Worcester ( ) is a town in the Western Cape, South Africa. It is located north-east of Cape Town on the N1 highway north to Johannesburg. Being the largest town in the Western Cape's interior region, it serves as the administrative capital of the Breede Valley Local Municipality and as regional headquarters for most central and Provincial Government Departments. The town also serves as the hub of the Western Cape's interior commercial, distribution and retail activity with a shopping mall, well developed central business district and infrastructure. Worcester is located at an elevation of and can be reached by road either travelling on the N1 highway through the Huguenot Tunnel or by driving through spectacular mountain passes. From Cape Town Du Toitskloof, from Wellington Bainskloof, from Malmesbury, Western Cape Nieuwekloof, from Ceres Mitchells, from Robertson Goree, from Hermanus Rooihoogte and from Johannesburg Hex River, with vistas over the Hex River Valley. Geograph ...
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Bequeathed
A bequest is property given by will. Historically, the term ''bequest'' was used for personal property given by will and ''deviser'' for real property. Today, the two words are used interchangeably. The word ''bequeath'' is a verb form for the act of making a bequest. Etymology Bequest comes from Old English ''becwethan'', "to declare or express in words" — cf. "quoth". Interpretations Part of the process of probate involves interpreting the instructions in a will. Some wordings that define the scope of a bequest have specific interpretations. "All the estate I own" would involve all of the decedent's possessions at the moment of death. A ''conditional bequest'' is a bequest that will be granted only if a particular event has occurred by the time of its operation. For example, a testator might write in the will that "Mary will receive the house held in trust if she is married" or "if she has children," etc. An ''executory bequest'' is a bequest that will be granted only ...
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Market Cap
Market capitalization, sometimes referred to as market cap, is the total value of a publicly traded company's outstanding common shares owned by stockholders. Market capitalization is equal to the market price per common share multiplied by the number of common shares outstanding. Since outstanding stock is bought and sold in pub