South African court orders Sachin Ahuja’s property firm to demolish illegal showers

A South African high court in Johannesburg has ordered Sachin Ahuja’s Alfeco Property Investments to demolish illegal showers at its…

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Billionaire Tony Elumelu challenges African companies to give women more leadership roles

Addressing thousands of executives, the Heirs Holdings chairman, framed women’s participation as a balance-sheet necessity rather than an ethical courtesy.

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Andreas von Paleske powers Kenya’s Naivas to $26 million profit milestone

Revenue from customer contracts gained 11.1 percent to hit MUR44.74 billion ($953.59 million).

Omokolade Ajayi Omokolade Ajayi

Equity Group raises spending on women-owned businesses by 303% to $70 million

Equity Group increased spending on women-owned businesses by 303% to $28.63 million in 2025, expanding support for entrepreneurs and local…

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Swiss chocolatier Lindt opens new store in South Africa as African retail expands

The Eastern Cape opening builds directly on the group's regional retail rollout across South Africa.

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US luxury brand Tory Burch opens first South African store

The launch drew crowds of shoppers eager to buy the label’s signature leather goods and apparel on opening day.

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Nvidia CEO Jensen Huang loses $6.47B amid probe into alleged China spy links

The sell-off came as the company faced renewed scrutiny over allegations involving Huang and a businesswoman suspected by U.S. intelligence…

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Capitec wins court order to liquidate Victor Van Graan’s Virtual Holdings over debt

Capitec Bank secures a final liquidation order against Victor Van Graan’s Virtual Holdings over a R316,278 ($19.323) vehicle financing debt.

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South African tycoon Gus Attridge, Stephen Saad, others get $687,000 in vested shares

Aspen Pharmacare has awarded Gus Attridge, Stephen Saad and four other executives shares worth a combined R11.29 million ($687,433).

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Nedbank’s executive Anel Bosman sells nearly $1 million in shares days after NCBA board appointment

Nedbank executive Anél Bosman has sold 52,500 shares worth nearly $1 million days after joining NCBA’s board as a non-executive…

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After $132 million loss, Kenya Airways’ bailout hopes fade under tighter rules

Kenya Airways’ recovery faces pressure after a $132.3 million loss, rising debt and stricter global rules limiting state support.

Standard Bank sees Exxon Mozambique Gas project driving growth

Standard Bank sees ExxonMobil-led Rovuma LNG boosting Mozambique GDP, jobs, revenues, and long-term economic growth outlook.

Egypt’s energy sector attracts more than $1 billion from Alcazar Energy

Alcazar Energy Egypt investment exceeds $1 billion, backing major wind projects and electricity privatization deals.

Timilehin Adejumobi Timilehin Adejumobi

South African court orders Sachin Ahuja’s property firm to demolish illegal showers

A South African high court in Johannesburg has ordered Sachin Ahuja’s Alfeco Property Investments to demolish illegal showers at its Alberton property.

Feyisayo Ajayi Feyisayo Ajayi

Billionaire Tony Elumelu challenges African companies to give women more leadership roles

Tony Elumelu urges African companies to appoint more women to leadership roles, citing their impact on business growth and investment returns.

Omokolade Ajayi Omokolade Ajayi

Swiss chocolatier Lindt opens new store in South Africa as African retail expands

Swiss confectioner Lindt expands its direct-to-consumer footprint across South Africa with a new retail boutique at Gqeberha’s Boardwalk Mall.

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US luxury brand Tory Burch opens first South African store

Tory Burch opens its first South African boutique at Cape Town's V&A Waterfront, expanding its global luxury footprint into sub-Saharan Africa.

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Valterra Platinum builds South Africa’s skills for global jewellery market

South Africa's PlatAfrica competition showcases emerging jewellery designers and strengthens local platinum craftsmanship for global markets.

Oluwatosin Alao Oluwatosin Alao

Billionaire Tony Elumelu challenges African companies to give women more leadership roles

Tony Elumelu urges African companies to appoint more women to leadership roles, citing their impact on business growth and investment returns.

Omokolade Ajayi Omokolade Ajayi

Nvidia CEO Jensen Huang loses $6.47B amid probe into alleged China spy links

Jensen Huang lost $6.47 billion as Nvidia shares fell 4.27%, pushing his fortune below $150 billion amid a China spy probe.

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Femi Otedola loses $400 million as First HoldCo shares fall by a third

Femi Otedola loses $400 million as First HoldCo shares fall by a third, reducing his net worth from $2.1 billion to $1.7 billion.

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