Tag: Featured

BusinessHot News

Strive Masiyiwa, Zimbabwe’s richest man, rebuilds net worth to $1.5 billion

Strive Masiyiwa rebuilds wealth to $1.5 billion with AI, fintech, and renewable energy investments after a $500 million 2025 setback.

Omokolade Ajayi Omokolade Ajayi
Coty revenue decline H1 2026
LuxuryHot News

Coty posts $3.26 billion revenue in Sue Nabi’s final year

Coty revenue drops to $3.26 billion after Sue Nabi exit, driven by weaker demand and a 6% like-for-like decline.

Feyisayo Ajayi Feyisayo Ajayi
African women in mining
BusinessHot News

15 richest African women in mining industry

African women are reshaping mining, building billion-dollar mineral empires across gold, coal, diamonds and manganese.

Feyisayo Ajayi Feyisayo Ajayi
Hot NewsBusiness

Thousands of jobs at risk as South Africa’s Tongaat Hulett faces liquidation

Thousands of jobs are at risk as South African sugar producer Tongaat Hulett faces liquidation after a failed $737 million rescue plan.

Omokolade Ajayi Omokolade Ajayi
Johann Rupert, chairman of Richemont and Remgro Limited.
BusinessHot News

South Africa’s richest man Johann Rupert gains $900M; net worth rises to $19.1B

South Africa’s Johann Rupert sees fortune rebound by $900 million, lifting his net worth to $19.1 billion amid Richemont stock gains.

Omokolade Ajayi Omokolade Ajayi
IHS Towers sells Brazilian fiber stake
TechnologyHot News

IHS Towers sells Brazilian fiber network to TIM for $453 million

IHS Towers exits Brazil fiber market, selling $453 million I-Systems stake to TIM, boosting FTTH expansion and shareholder value.

Feyisayo Ajayi Feyisayo Ajayi
CIC sells prime land to strengthen liquidity
BusinessHot News

CIC Group raises $14 million from Kenya land sales, boosting liquidity

CIC Group raises $13 million from Tatu City, Kajiado land sales, boosting liquidity and strengthening balance sheet resilience.

Feyisayo Ajayi Feyisayo Ajayi
BusinessHot News

Foreign investors targeted for $2B Kenya Airways rescue as Ethiopian Airlines posts $4.4B revenue

Kenya Airways plans $2 billion investment; Ethiopian Airlines reports $4.4 billion revenue, growing passenger and cargo operations.

Omokolade Ajayi Omokolade Ajayi
Kenya AFCON 2027 hosting fee
SportsHot News

Kenya races to secure $30 million AFCON 2027 hosting fee amid budget pressures 

Kenya faces pressure to release $30 million AFCON 2027 hosting fee as budget cuts threaten its co-hosting role.

Feyisayo Ajayi Feyisayo Ajayi
Hot NewsBusiness

Dangote Refinery attains full capacity, targets 75 million liters daily

Dangote Refinery hits 650,000 barrels per day and targets 75 million liters daily, strengthening Nigeria’s fuel supply and energy security.

Omokolade Ajayi Omokolade Ajayi
OK Zimbabwe corporate rescue
BusinessHot News

15 biggest retailers in Zimbabwe

Zimbabwe’s biggest retailers anchor urban commerce despite currency shocks, inflation spikes and shifting consumer demand.

Feyisayo Ajayi Feyisayo Ajayi
Egypt healthcare stocks EGX
BusinessHot News

Top 15 most valuable health care and pharmaceutical companies on Egyptian Exchange

Egypt’s 15 most valuable healthcare and pharmaceutical stocks on the Egyptian Exchange, ranked by market value.

Feyisayo Ajayi Feyisayo Ajayi