Zimbabwean investor Richard Ngwenya’s property business targeted in $1.2 million VFD dispute

VFD Group seeks to freeze five properties linked to Richard Ngwenya over an alleged R20 million ($1.23 million) investment dispute involving A2Pay Holdings.

Feyisayo Ajayi August 17, 2026

Hot News Business

South Africa’s Thungela posts $85.7 million profit as coal prices rise

Thungela reports an 85.7 million dollar profit as higher coal prices and stronger production lift earnings and dividend.

Omokolade Ajayi August 17, 2026

Business Global News

L’Imad moves to take full ownership of Abu Dhabi’s AD Ports

L’Imad plans to acquire full ownership of AD Ports Group with a $8.6 billion offer as Abu Dhabi expands its control of key logistics assets.

Oluwatosin Alao August 17, 2026

Business Hot News

Kenya seeks $115 million reserve fund in Diageo’s EABL sale

Kenya seeks a $115 million reserve fund as the EABL sale to Asahi faces regulatory and legal delays.

Timilehin Adejumobi August 17, 2026

Business Hot News

South Africa takes SADC chair as regional trade and growth slow

South Africa takes the SADC chair as trade barriers, weak growth and falling manufacturing challenge regional economic integration.

Oluwatosin Alao August 17, 2026

Tag: Coal

South Africa’s Thungela posts $85.7 million profit as coal prices rise

Zimbabwean investor Richard Ngwenya’s property business targeted in $1.2 million VFD dispute

South Africa’s Thungela posts $85.7 million profit as coal prices rise

L’Imad moves to take full ownership of Abu Dhabi’s AD Ports

Kenya seeks $115 million reserve fund in Diageo’s EABL sale

South Africa takes SADC chair as regional trade and growth slow

Zimbabwean investor Richard Ngwenya’s property business targeted in $1.2 million VFD dispute

South Africa’s Thungela posts $85.7 million profit as coal prices rise

L’Imad moves to take full ownership of Abu Dhabi’s AD Ports

Zimbabwean investor Richard Ngwenya’s property business targeted in $1.2 million VFD dispute

South Africa’s Thungela posts $85.7 million profit as coal prices rise

L’Imad moves to take full ownership of Abu Dhabi’s AD Ports

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