Cell C Holdings Ltd.
Hot NewsBusiness

Cell C reports $260 million annual profit after JSE listing

Cell C’s annual profit jumped 87.65% to R4.16 billion after its JSE listing, supported by stronger revenue, subscribers and wholesale growth.

Feyisayo Ajayi Feyisayo Ajayi
Aldermore Bank
BusinessHot News

FirstRand’s Aldermore sale draws CVC Partners as bidding race heats up

Aldermore sale attracts CVC as FirstRand prepares to exit its UK bank after a $997.2 million motor finance provision.

Timilehin Adejumobi Timilehin Adejumobi
Tanzania’s Mtwara Port
BusinessGlobal News

Tanzania’s Mtwara Port expansion opens new trade route for East Africa

Tanzania’s Mtwara Port expansion is opening a new trade route for East Africa, boosting cargo capacity and strengthening links with regional markets.

Oluwatosin Alao Oluwatosin Alao
Aliko Dangote, Africa’s richest man and founder of the Dangote Group
BusinessHot News

Dangote offers 30% stake in new $16 billion refinery to East African nations  

Dangote refinery Kenya plan could give East African nations a 30% stake in the proposed $16 billion oil project.

Timilehin Adejumobi Timilehin Adejumobi
Harrods
BusinessHot News

Why Harrods seeks to recover more than $80 million from Egypt’s Al Fayed estate

Harrods seeks to recover more than $80 million from Mohamed Al Fayed’s estate as hundreds pursue compensation over abuse allegations.

Feyisayo Ajayi Feyisayo Ajayi
Vanessa Olver
Hot NewsBusiness

South African executive Vanessa Olver to join Sun International as finance chief

South African executive Vanessa Olver will become Sun International’s CFO in 2027 after announcing plans to leave Investec’s board.

Feyisayo Ajayi Feyisayo Ajayi
JSE Soybean ruling raises $43 million concern for South Africa’s farmers
BusinessHot News

JSE Soybean ruling raises $43 million concern for South Africa’s farmers

South Africa’s soybean farmers face a potential R700 million($43.4 million) cost as Grain SA challenges the JSE’s single reference point ruling.

Oluwatosin Alao Oluwatosin Alao
Stella Okoli, founder and CEO of Emzor Pharmaceutical Industries Limited
BusinessHot News

Nigerian pharmacist Stella Okoli’s Emzor raises $20 million bond to boost drug production

Emzor $20 million bond will fund drug production, working capital and an antimalarial API plant in Nigeria.

Timilehin Adejumobi Timilehin Adejumobi
Trustco Group
BusinessHot News

Trustco board survives U.S. investor Sean Riskowitz’s shareholder challenge

Trustco board survives a shareholder challenge led by U.S. investor Sean Riskowitz as governance and regulatory concerns persist.

Timilehin Adejumobi Timilehin Adejumobi
Absa named custodian of South Africa’s Government pension fund
BusinessHot News

Absa named custodian of South Africa’s Government pension fund

Absa has been appointed master custodian of South Africa’s $217 billion GEPF, expanding its role in the country’s institutional investment market.

Oluwatosin Alao Oluwatosin Alao
Prosus
BusinessHot News

South African Billionaire Koos Bekker’s Prosus bets $100 million on India’s Navi

Prosus Navi investment puts $100 million into India’s fintech market, backing Navi ahead of a potential IPO and expanding its digital finance reach.

Timilehin Adejumobi Timilehin Adejumobi
Tanzanian billionaire Mohammed Dewji pledges $250 million in Mozambique to expand MeTL Group’s footprint and create 20,000 local jobs.
BillionairesBusinessHot News

East Africa’s richest man Mohammed Dewji to invest $250 million in Mozambique, create 20,000 jobs

Tanzanian billionaire Mohammed Dewji pledges $250 million in Mozambique to expand MeTL Group’s footprint and create 20,000 local jobs.

Omokolade Ajayi Omokolade Ajayi