Bankenveld City Archives

MTN Group CEO Ralph Mupita takes $6 million pay in 2025

MTN Group CEO Ralph Mupita's pay rose 53% to nearly $6 million in 2025 as profit rebounded to $2.8 billion on strong group performance and recovery

Feyisayo Ajayi May 18, 2026

Business Luxury

Calgro M3 breaks ground on $1 billion Bankenveld City near Sandton

Calgro M3 starts $1 billion Bankenveld City near Sandton, a mixed-use development set to deliver 20,000 homes and infrastructure in Johannesburg.

Timilehin Adejumobi May 18, 2026

Billionaires Business Hot News

Nigerian oil tycoon Mohammed Indimi set to earn $1 million dividend in 2025

Oil tycoon Mohammed Indimi to bag $1.05 million dividend from Jaiz Bank in 2025 after strong earnings and rising shareholder payouts report.

Feyisayo Ajayi May 18, 2026

Business Global News

Absa eyes yuan platform amid booming China-Africa trade

China’s growing trade ties with Africa are pushing some of the continent’s biggest lenders to rethink how cross-border payments are handled. As businesses search for faster and cheaper ways to pay Chinese suppliers, banks are beginning to look beyond the U.S. dollar. Absa Group, the Johannesburg-based financial services provider, is among the latest lenders considering a direct link to China’s…