Omokolade Ajayi

839 Articles
Changan
TechnologyBusinessHot News

Chinese automakers step up South Africa electric vehicle push

Chinese automakers are expanding electric, hybrid and pickup offerings in South Africa, challenging Toyota, Ford and Isuzu.

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Drake
EntertainmentBusinessHot News

Drake sells majority stake in his lifestyle brand OVO to Authentic Brands Group

Drake has sold a majority stake in OVO to Authentic Brands Group while retaining a minority stake and creative role in the lifestyle brand.

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NBA legend Kevin Durant
SportsBusinessHot News

Kevin Durant in line for $60 million payout in reported Hugging Face deal

Kevin Durant could earn $60 million from his early Hugging Face investment if Nvidia completes its reported $12.9 billion acquisition.

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Nigerian politician Abdulaziz Yari.
ExclusiveBillionairesBusiness

Abdulaziz Yari: From N84 billion fraud probe to N1.08 trillion Geregu Power buyout

Sen. Abdulaziz Yari leads Geregu Power after a N1.08 trillion ($793 million) buyout, marking a shift from past EFCC probes to corporate leadership.

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From small beginnings in 1967, as a Polokwane-based family business, Moolman Group has grown into a major property investment firm managing portfolios across South Africa and abroad.
BusinessHot News

How South Africa’s Moolman family unlocked $124 million from 9 mega malls

Moolman Group agreed to sell nine retail malls to Dipula Properties for $124 million, freeing up capital to fund a fresh pipeline of retail builds.

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Egyptian real estate tycoon Waleed Zaki
BusinessHot News

Egyptian real estate tycoon Waleed Zaki steers Pioneers to $16.7 million H1 profit

Pioneers Properties, led by Waleed Zaki , posted a 66.2 percent rise in first-half 2026 profit to $16.7 million.

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Beltone Holding
BusinessHot News

Egypt’s Beltone Holding profit falls 50% to $12.9 million despite revenue surge

Beltone Holding’s first-half profit fell 50 percent to $12.9 million despite revenue rising 125 percent to $283.4 million.

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South African billionaire Nicky Oppenheimer
BillionairesBusinessHot News

South African billionaire Nicky Oppenheimer adds $1B as wealth hits $15.5B

Nicky Oppenheimer adds $1 billion to his fortune, lifting his net worth to $15.5 billion as his family expands beyond diamonds.

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Globacom: 23 years of powering unlimited possibilities
TechnologyBusinessHot News

Globacom at 23: From Expensive SIM Cards to Mass Connectivity

Globacom marks 23 years, from costly SIM cards to nationwide connectivity, broadband expansion and AI-powered services.

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South African billionaire Patrice Motsepe.
BillionairesBusinessHot News

South African billionaire Patrice Motsepe’s net worth gains $100 million in 10 days

Patrice Motsepe’s net worth rose to $3.7 billion following a $100 million ten-day gain, lifted by an 87 percent earnings jump at Harmony Gold.

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Nigerian billionaire Tony Elumelu.
BillionairesBusinessHot News

Nigerian billionaire Tony Elumelu pockets $14.45 million from Seplat’s Q2 dividend payout

Tony Elumelu received $14.45 million from Seplat Energy’s second-quarter dividend, lifting his 2026 payouts to about $35.3 million.

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South Africa’s Rainbow Chicken
BusinessHot News

South Africa’s Rainbow Chicken profit surges to $82.9 million, declares special dividend

Rainbow Chicken’s profit surged 134.8 percent to R1.34 billion ($82.9 million) in 2026, driven by firmer pricing, lower feed costs and improved farming efficiency.

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