YeboYethu board resignation
BusinessHot News

YeboYethu director Tersha Walljee exits board after Vodacom employee trust cuts stake below 8%

YeboYethu director Tersha Walljee resigns after Vodacom Siyanda Employee Trust cut stake to 7.85%, breaching board representation threshold.

Feyisayo Ajayi Feyisayo Ajayi
Capitec dividend Jannie Mouton
BillionairesBusinessHot News

South African billionaire Jannie Mouton set for $27 million Capitec dividend

Mouton family to receive $27 million as Capitec lifts dividend on strong earnings and rising digital banking demand.

Feyisayo Ajayi Feyisayo Ajayi
Uber has approached Delivery Hero with an offer of €33 ($38.3) per share.
BusinessHot NewsTechnology

Uber proposes $11.6 billion bid for Delivery Hero as Prosus, led by South African billionaire Koos Bekker, trims stake

Uber has approached Delivery Hero with an offer of €33 ($38.3) per share, according to people familiar with the matter.

Omokolade Ajayi Omokolade Ajayi
Allan Kilavuka, immediate former Group Managing Director and CEO of Kenya Airways, in an official executive portrait.
BusinessHot News

Allan Kilavuka exits Kenya Airways with $1 million pay as airline posts $132 million loss in 2025

Kilavuka’s total compensation of KSh131.07 million ($1.01 million) included KSh75.4 million ($581,000) in pensions and other benefits, alongside a basic…

Omokolade Ajayi Omokolade Ajayi
Gold nuggets.
BusinessHot News

Zimbabwe restricts small-scale gold mining to citizens, tightening sector rules

The policy is aimed at separating large industrial mining projects from smaller operations reserved for local participants.

Omokolade Ajayi Omokolade Ajayi
Jaiz Bank dividend payout 2025
BusinessHot News

Nigerian banker and lawyer Sa’adat Mohammed set to earn N450 million dividend in 2025

Nigerian banker and lawyer Sa’adat Mohammed is set to earn over N450 million dividend from Jaiz Bank’s 2025 payout on…

Feyisayo Ajayi Feyisayo Ajayi
Nigerian billionaire Abdul Samad Rabiu
BillionairesBusinessHot News

Nigerian billionaire Abdul Samad Rabiu sees $1 billion wiped from net worth in 4 days

The decline follows a sharp run-up in the shares of several major Nigerian companies as investors reacted to stronger corporate…

Omokolade Ajayi Omokolade Ajayi
Orange Mastercard digital payments Africa
BusinessHot News

Orange, Mastercard join forces to accelerate digital payments across seven African markets

Orange, Mastercard partner to expand digital payments across Africa, targeting underserved users with mobile money-linked debit cards.

Feyisayo Ajayi Feyisayo Ajayi
Zak Calisto Karooooo dividend
BusinessHot NewsTechnology

South African tech tycoon Zak Calisto set for $27 million dividend from Karooooo

Karooooo plans a $46 million dividend payout, boosting South African billionaire Zak Calisto’s earnings to $26.9 million.

Feyisayo Ajayi Feyisayo Ajayi
Aliko Dangote and NNPC Group CEO Bashir Bayo Ojulari.
BusinessHot News

NNPC accuses Dangote refinery of monopoly claims as refinery private placement draws $2 billion

NNPC argued that Nigeria’s fuel market still relies on a mix of domestic refining and imports, and that sudden restrictions…

Omokolade Ajayi Omokolade Ajayi
Cape Town-based executive Alan Keet, a regional leader at Apex Group overseeing African operations.
BusinessGlobal NewsHot News

Cape Town-based executive Alan Keet steers Apex Group to $300 billion in South African assets under administration

The growth reflects years of building operational depth in a market where scale, reliability, and client confidence remain central to…

Omokolade Ajayi Omokolade Ajayi
Johann Rupert Richemont profit 2026
BillionairesBusinessHot News

Johann Rupert’s Richemont profit in 2026 tops $4 billion on booming Cartier jewellery sales

Richemont profit topped $4 billion in 2026 as Cartier jewellery demand lifted annual sales to $26 billion.

Feyisayo Ajayi Feyisayo Ajayi
Putprop sells Pretoria asset
BusinessHot News

South Africa’s Putprop sells Pretoria asset for $1.8 million in portfolio reshuffle

Putprop sells Pretoria industrial asset for $1.8 million, advancing portfolio reshuffle and reinvestment into higher-yielding properties.

Feyisayo Ajayi Feyisayo Ajayi
Nigerian monarch and Islamic traditional ruler Lamido Sanusi, the Emir of Kano.
BusinessHot News

Nigerian monarch Lamido Sanusi’s MTN board pay may top N500 million in 2026 on stronger earnings

Over the longer term, disclosures show he has received R22.57 million in total compensation from MTN between 2019 and 2025,…

Omokolade Ajayi Omokolade Ajayi
Melanie Da Costa, CEO-designate of Netcare, a $1.4 billion South African healthcare group, during a corporate leadership transition announcement.
BusinessHot News

South African executive Melanie Da Costa named CEO of $1.4 billion healthcare group, Netcare

As Da Costa prepares to take over, the group is expected to continue expanding beyond its acute hospital business while…

Omokolade Ajayi Omokolade Ajayi
Sky Investments Holding, Egyptian conglomerate expanding investments across ports, logistics, and real estate infrastructure development.
BusinessGlobal NewsHot News

Sky Investments outlines $500 million plan for Egypt’s logistics and ports growth

The largest share of the planned capital, between $300 million and $350 million, will go into logistics and ports.

Omokolade Ajayi Omokolade Ajayi
BillionairesBusinessHot News

NCC probe puts FlySafair under scrutiny as Tshepo Mahloele’s Harith advances deal

The NCC added that FlySafair itself has acknowledged that overbooking forms part of its commercial approach.

Omokolade Ajayi Omokolade Ajayi
Nigerian billionaire businessman Tony Elumelu.
BillionairesBusinessHot News

Path to Seplat Energy chairmanship clears as Tony Elumelu joins board as non-executive director

At the AGM, Seplat board Chairman Udoma Udo Udoma welcomed Elumelu’s appointment, describing it as a reflection of confidence in…

Omokolade Ajayi Omokolade Ajayi
Kudakwashe Tagwirei Masimba stake gain
BusinessHot News

Zimbabwean politician Kudakwashe Tagwirei’s Masimba stake gains $2.7 million on 2026 rally

Tagwirei’s Masimba stake rises $2.7 million as shares surge on Zimbabwe Stock Exchange rally, boosting investor confidence.

Feyisayo Ajayi Feyisayo Ajayi
Vision Group Tongaat liquidation assets
BusinessHot News

South African businessman Robert Gumede’s Vision Group to secure Tongaat assets ahead of liquidation hearing

Vision Group moves to secure Tongaat assets as liquidation hearing looms, aiming to protect creditor interests and preserve regional operations.

Feyisayo Ajayi Feyisayo Ajayi
Access Bank headquarters in Lagos, corporate headquarters of Access Holdings Plc.
BillionairesBusinessHot News

Access Bank’s $122 million Kenya acquisition in focus as CBN forces foreign sell-down

Access Bank’s acquisition of National Bank of Kenya comes into focus as new Nigerian central bank rules reshape foreign banking exposure.

IFC-Lula partnership
BusinessHot News

South Africa economy gets lift as IFC, Lula back SME expansion

IFC and Lula Lend team up to support micro and small firms.

Chevron
BusinessHot News

Chevron expands Egypt gas push with new Narges field well

Chevron starts drilling in Egypt’s Narges gas field with partners to boost output and expand Eastern Mediterranean energy production.

Timilehin Adejumobi Timilehin Adejumobi
YeboYethu board resignation
BusinessHot News

YeboYethu director Tersha Walljee exits board after Vodacom employee trust cuts stake below 8%

YeboYethu director Tersha Walljee resigns after Vodacom Siyanda Employee Trust cut stake to 7.85%, breaching board representation threshold.

Feyisayo Ajayi Feyisayo Ajayi
Capitec dividend Jannie Mouton
BillionairesBusinessHot News

South African billionaire Jannie Mouton set for $27 million Capitec dividend

Mouton family to receive $27 million as Capitec lifts dividend on strong earnings and rising digital banking demand.

Feyisayo Ajayi Feyisayo Ajayi
Uber has approached Delivery Hero with an offer of €33 ($38.3) per share.
BusinessHot NewsTechnology

Uber proposes $11.6 billion bid for Delivery Hero as Prosus, led by South African billionaire Koos Bekker, trims stake

Uber’s $11.6 billion bid for Delivery Hero emerges as Prosus trims stake under EU rules and competition intensifies in Europe’s food delivery market.

Omokolade Ajayi Omokolade Ajayi
Sanlam backs African clean energy trader GreenCo with $10 million
BusinessTechnology

Sanlam backs African clean energy trader GreenCo with $10 million

Africa’s clean energy sector is moving beyond the construction of solar and wind projects. Attention is increasingly turning to the systems that allow electricity to be traded more efficiently across borders and delivered to businesses that need reliable power.  That change is attracting investors looking for opportunities in Africa’s growing electricity market. Governments across the region continue to face pressure…

Oluwatosin Alao Oluwatosin Alao
Allan Kilavuka, immediate former Group Managing Director and CEO of Kenya Airways, in an official executive portrait.
BusinessHot News

Allan Kilavuka exits Kenya Airways with $1 million pay as airline posts $132 million loss in 2025

Kenyan business executive Allan Kilavuka exits Kenya Airways with $1.01 million pay as airline posts $132 million loss in 2025.

Omokolade Ajayi Omokolade Ajayi
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