Business

Ninety-One buys back $17.9 million in shares amid excess cash resources

Ninety-One completed a $17.9 million share buyback, reducing shares to 276 million. Funded by excess cash, this move boosts EPS…

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Top 25 most valuable stocks on Nairobi Stock Exchange

Shore Africa ranks the 25 most valuable stocks on the NSE, where Safaricom, Equity Group, and EABL dominate a $15.72…

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Allan Gray raises stake in African Rainbow Minerals to $96.2 million

Allan Gray lifts its stake in African Rainbow Minerals to $96.2 million, signaling confidence in the miner despite falling earnings…

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Latest Business News

Top 15 largest banks in Africa by assets

Africa’s largest banks drive economic growth, anchoring trade, credit, and resilience across…

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Sam Sithole: Sun International, Value Capital’s quiet strategist

Sam Sithole’s quiet leadership and sharp financial instincts have reshaped Sun International…

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Top 10 countries with the highest Gross National Reserves

Gross national reserves shield currencies, bolster trade, and anchor economic resilience amid…

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Top 10 mobile operators in Africa

Africa’s top 10 mobile operators contribute 8% to the continent’s GDP, driving…

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Edith Jiya’s ascent: Group CEO in Malawi to South Africa’s leadership

Edith Jiya, Old Mutual Malawi’s first female CEO, ascends to lead South…

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Top 10 most indebted nations in Africa

Africa's external debt hit $1.15 trillion in 2024, with the top 10…

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Presco PLC posts over $50 million in earnings in 2024 as ownership transitions drive growth

Presco PLC posted a net profit of $50 million in 2024, doubling…

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Top 5 fastest-growing sectors in Africa: Key drivers of economic transformation

Africa's tech, renewable energy, agribusiness, healthcare, and tourism sectors fuel rapid economic…

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Nigeria’s NNPC moves closer to landmark IPO, but timeline unclear

The move aligns with Nigeria’s Petroleum Industry Act (PIA) of 2021, which…

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