Companies

Latest Companies News
Cell C Holdings Ltd.
BusinessCompaniesTechnology

Cell C sues Icasa to recover $1.7 million spectrum deposit  

Cell C is suing Icasa to recover a $1.7 million spectrum deposit linked to South Africa’s 2022 auction.

Timilehin Adejumobi Timilehin Adejumobi
Read More
Eskort
BusinessCompanies

Eskort names Lactalis executive Herman Janse van Rensburg as new CEO

Eskort names Lactalis executive Herman Janse van Rensburg as CEO, succeeding Arnold Prinsloo after 22 years as the South African food brand targets growth.

Oluwatosin Alao Oluwatosin Alao
Read More
Kumba CEO, Mpumi-Zikalala
BusinessCompaniesExecutivesHot News

Kumba Iron Ore sales rise despite Sishen shutdown as $682 million project advances

Kumba Iron Ore sales rose 3% to 10 million tonnes as a $682 million Sishen project advanced despite a 19% production decline.

Feyisayo Ajayi Feyisayo Ajayi
Read More
Capricorn group
CompaniesBusinessHot News

Namibia’s Capricorn Group seeks approval for Centrafin control change

Namibia’s Capricorn Group seeks noteholder approval for its planned Centrafin acquisition, with a Nov. 16 deadline to avoid debt servicing disruptions.

Feyisayo Ajayi Feyisayo Ajayi
Read More
Ninety One
BusinessCompaniesHot News

South Africa’s Ninety One buys back $29 million in shares across UK, JSE

Dual-listed asset manager Ninety One repurchased $29 million in shares across the UK and South Africa, permanently retiring equity to reward holders.

Omokolade Ajayi Omokolade Ajayi
Read More
Glencore
MiningBusinessCompaniesHot News

Glencore backs South Africa copper revival with $40 million bet

Glencore is backing Orion Minerals with $40 million to kick-start South Africa’s Prieska copper-zinc mine, targeting first ore by late 2027.

Omokolade Ajayi Omokolade Ajayi
Read More
Fairvest
BusinessCompaniesHot NewsLatest

Fairvest doubles fundraising target to $76 million as investors back retail expansion

Fairvest raises $76 million in an oversubscribed equity offering, more than doubling its target to fund retail property acquisitions.

Feyisayo Ajayi Feyisayo Ajayi
Read More
Wits University
BusinessCompanies

Sabvest Capital backs Wits University in $20.6 million Cultural Precinct deal

Sabvest Capital backs Wits University's $20.6 million Cultural Precinct, expanding Johannesburg's arts, heritage and creative economy.

Timilehin Adejumobi Timilehin Adejumobi
Read More
Morocco hospitality expansion
BusinessCompaniesHospitality

Pickalbatros secures $250 million IFC, Attijariwafa financing for Morocco expansion

Pickalbatros secures $250 million from IFC and Attijariwafa Bank to acquire Casablanca hotels, upgrade Moroccan resorts and refinance debt.

Feyisayo Ajayi Feyisayo Ajayi
Read More