Banking Archives - Shore Africa

LEVA Hotels signs $1B Bulawayo hotel deal, boosts Zimbabwe tourism

LEVA Hotels signs deal with Radar Properties for Kings City hotel in Zimbabwe

LEVA Hotels is expanding its presence in Southern Africa with a new hospitality project in Bulawayo, pointing to renewed investor interest in Zimbabwe’s tourism and real estate sectors. The Dubai-based brand has signed a management agreement with Radar Properties to develop a $1 billion lifestyle hotel within the Kings City mixed-use development. The agreement reflects a wider shift among international…

Oluwatosin Alao April 21, 2026

Outgoing Chief Executive Officer John Lamola

Business Hot News

SAA under scrutiny after CEO John Lamola’s exit as AG flags weak controls, revenue leaks

South African Airways faces scrutiny after John Lamola’s exit as AG flags weak financial controls, revenue leakages and poor reporting standards.

Omokolade Ajayi April 21, 2026

Business Hot News

Nassef Sawiris-backed OCI exits Methanex stake, nets $370 million from share sales

OCI Global exits Methanex stake after $370 million sell-down, completing phased divestment and sharpening focus on core nitrogen assets.

Feyisayo Ajayi April 21, 2026

Apple names John Ternus CEO, replacing Tim Cook to drive AI growth

Business Technology

Apple appoints John Ternus CEO as tech giant enters new era

Apple is entering a new phase, handing leadership of the world’s most valuable technology company to a longtime insider as it looks to sharpen its edge in product design and stay competitive in a changing market. The company said John Ternus will take over as chief executive on Sept. 1, replacing Tim Cook, who is stepping down after 15 years.…

Oluwatosin Alao April 21, 2026

Business Exclusive

Meet Senegalese financier Papa Madiaw Ndiaye, holding $18 million stake in Nigeria’s NEM Insurance

Senegalese financier Papa Madiaw Ndiaye holds an $18 million stake in Nigeria’s NEM Insurance, signaling growing Africa insurance investment.

Feyisayo Ajayi April 21, 2026

Tag: Banking

Capitec edges FirstRand to become Africa’s most valuable bank as earnings seen up to 25%

Attijariwafa bank: Morocco’s biggest company is now worth over $15 billion

Capitec Bank: South Africa’s $19 billion retail banking giant with 22.1 million customers

CIB remains Egypt’s biggest company with $5 billion market cap

LEVA Hotels signs deal with Radar Properties for Kings City hotel in Zimbabwe

SAA under scrutiny after CEO John Lamola’s exit as AG flags weak controls, revenue leaks

Nassef Sawiris-backed OCI exits Methanex stake, nets $370 million from share sales

Apple appoints John Ternus CEO as tech giant enters new era

Meet Senegalese financier Papa Madiaw Ndiaye, holding $18 million stake in Nigeria’s NEM Insurance

LEVA Hotels signs deal with Radar Properties for Kings City hotel in Zimbabwe

SAA under scrutiny after CEO John Lamola’s exit as AG flags weak controls, revenue leaks

Nassef Sawiris-backed OCI exits Methanex stake, nets $370 million from share sales

LEVA Hotels signs deal with Radar Properties for Kings City hotel in Zimbabwe

SAA under scrutiny after CEO John Lamola’s exit as AG flags weak controls, revenue leaks

Nassef Sawiris-backed OCI exits Methanex stake, nets $370 million from share sales

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