South African executive Abigail Mukhuba
Hot NewsExecutives

South African CFO Abigail Mukhuba’s Sanlam stake rebounds above $2.5 million

A rebound in Sanlam shares has lifted Group Finance Director Abigail Mukhuba’s stake back above $2.5 million, following a 4.5 percent rebound.

Omokolade Ajayi Omokolade Ajayi
Dangote family
BillionairesBusinessHot News

Dangote family office to expand operations in 2027 as group targets $100 billion revenue

Aliko Dangote’s family office will expand in 2027 as Dangote Group targets $100 billion in annual revenue.

Omokolade Ajayi Omokolade Ajayi
Blu Label
TechnologyBusinessHot News

South Africa’s Blu Label rewards investors after Cell C market spinoff

Blu Label resumed dividend payouts and a share buyback after Cell C's JSE listing generated $169 million in cash, cutting debt to $292.2 million.

Omokolade Ajayi Omokolade Ajayi
Workers sorting avocados at Kakuzi Plc processing facility in Kenya
BusinessHot News

Kenya’s Kakuzi profit plunges 97.6% as avocado, macadamia sales weaken

Kakuzi Plc's half-year profit plunged 97.6 percent amid lower avocado volumes, weak macadamia prices, and shipping delays.

Omokolade Ajayi Omokolade Ajayi
OCP Group
BusinessHot News

Morocco’s OCP, CHS plan $450 million U.S. fertilizer plant

OCP and CHS plan a $450 million Louisiana fertilizer plant to boost U.S. phosphate supply and cut reliance on imports for farmers.

Timilehin Adejumobi Timilehin Adejumobi
IDC
BusinessHot News

South Africa’s IDC swings to $288 million loss in 2026

South Africa’s IDC swings to a R4.65 billion ($288 million) loss in 2026, driven by Foskor and distressed subsidiaries despite its profitable core business.

Feyisayo Ajayi Feyisayo Ajayi
Tharisa signs major Zimbabwe Karo project deal with Valterra Platinum
BusinessGlobal News

Tharisa signs major Zimbabwe Karo project deal with Valterra Platinum

Tharisa signs a five-year Karo Platinum offtake deal with Valterra, strengthening the Zimbabwe project as it moves toward first production.

Oluwatosin Alao Oluwatosin Alao
Indorama's Complex
BusinessHot News

Indorama plans $3 billion expansion to build Africa’s petrochemical hub

Indorama’s $3 billion expansion in Nigeria will expand petrochemical and fertilizer capacity, strengthening Africa’s industrial base.

Timilehin Adejumobi Timilehin Adejumobi
MTN Group
TechnologyHot News

UAE tycoon Al Ashram, MTN join forces to build AI data centers in Africa     

MTN and UAE tycoon Tarek Al Ashram plan AI data centers in Africa, starting with 150MW of capacity in Nigeria and South Africa.

Timilehin Adejumobi Timilehin Adejumobi
Forever Resorts Warmbaths
BusinessTourism

South Africa’s Forever Resorts set for acquisition by Benus Trade and Invest

Benus Trade and Invest is set to acquire South Africa’s Forever Resorts after the Competition Commission approved the deal without conditions.

Oluwatosin Alao Oluwatosin Alao
Sikander Lalani
BusinessHot News

Sikander Lalani: Ugandan steel magnate who recently  built a $125 million steel complex

Sikander Lalani built Roofings Group from a small roofing factory into Uganda’s steel powerhouse, culminating in a $125 million Namanve complex.

Feyisayo Ajayi Feyisayo Ajayi
Liquid Intelligent Technologies
TechnologyHot News

Strive Masiyiwa’s Liquid targets Zimbabwe SMEs with new digital services

Liquid SME Bundles give Zimbabwe SMEs fibre, Microsoft 365, cloud backup and POS tools through one monthly subscription.

Timilehin Adejumobi Timilehin Adejumobi