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Tanzanian billionaire Rostam Aziz’s Taifa Gas buys into Songo Songo field as Orca exits

Taifa Gas, owned by Tanzanian billionaire Rostam Aziz, acquires 49% of PanAfrican Energy Tanzania as Orca exits Songo Songo gas field deal.

Feyisayo Ajayi Feyisayo Ajayi

Van der Walt brothers’ AttBid tightens grip on RMH as firm clarifies Grove Mall sale

RMH clarifies Grove Mall sale remains conditional as AttBid nears 43% stake, intensifying takeover battle and shareholder scrutiny.

Feyisayo Ajayi Feyisayo Ajayi

Cross Switch launches Absa Pay in South Africa, expanding digital payments

Cross Switch has launched Absa Pay in South Africa, expanding its payments offering as demand grows for secure, bank-authenticated checkout options across the country’s fast-developing digital economy. The rollout gives merchants a new way to process payments that keeps transactions within a trusted banking environment.  The launch comes as South Africa’s e-commerce market continues to expand, supported by rising smartphone use, improved digital infrastructure and broader acceptance of online shopping. As more consumers move to digital channels, businesses are under…

Oluwatosin Alao Oluwatosin Alao

Hyde Johannesburg blends boho style with skyline views

Hyde Johannesburg opens in Rosebank, blending boho design, skyline views, coworking spaces and award-winning dining at The Bank.

Timilehin Adejumobi Timilehin Adejumobi

Waterfall City project: $45 million hotel, conference expansion in Africa

Attacq Waterfall Investment Company and Rabie Property Group have committed $45 million to expand Waterfall City with a new conference centre and hotel, strengthening Johannesburg’s role in Africa’s business tourism and meetings industry. The project adds fresh capacity to a market that has seen rising demand for large corporate gatherings and international conventions.  The development reflects a broader shift in how companies are planning events, with a stronger focus on integrated precincts that combine accommodation, office space and leisure facilities…

Oluwatosin Alao Oluwatosin Alao

Nigerian business tycoon Taiwo Afolabi to pocket N986.9 million from SAHCO Plc

Nigerian tycoon Taiwo Afolabi will receive N986.85 million dividend from SAHCO Plc for FY2025 after strong earnings growth, report shows today

Feyisayo Ajayi Feyisayo Ajayi

South African Van der Walt brothers’ AttBid buys extra 5 million shares amid RMH takeover push

AttBid raises RMB Holdings stake near 43% after buying 5.13 million shares, accelerating takeover bid and control push of the JSE-listed firm.

Feyisayo Ajayi Feyisayo Ajayi

South African executive Sim Tshabalala earned $6.4 million from Standard Bank in 2025

Standard Bank CEO Sim Tshabalala earned $6.4 million in 2025 as profit rose to $3.43 billion and dividends increased.

Omokolade Ajayi Omokolade Ajayi

Ascott expands Nairobi footprint with 160-key Citadines property deal   

Ascott signs 160-key Citadines Westview Nairobi in Kilimani, expanding its Kenya hospitality footprint and Africa pipeline through 2028.

Timilehin Adejumobi Timilehin Adejumobi