Tag: Featured

Sim Tshabalala, CEO of Standard Bank Group.
BusinessExclusiveHot News

South African executive Sim Tshabalala earned $6.4 million from Standard Bank in 2025

Standard Bank CEO Sim Tshabalala earned $6.4 million in 2025 as profit rose to $3.43 billion and dividends increased.

Omokolade Ajayi Omokolade Ajayi
Capitec Bank
BusinessHot News

Capitec’s market cap tops $30 billion, regains title as Africa’s most valuable bank

Capitec Bank’s market cap climbs above $30 billion, reclaiming its position as Africa’s most valuable lender after share price gains in Johannesburg.

Omokolade Ajayi Omokolade Ajayi
Sirius Real Estate rent growth
BusinessHot News

South Africa’s Sirius Real Estate posts 6.4% rent growth as $542 million acquisitions drive expansion

Sirius Real Estate reports 6.4% rent growth, driven by acquisitions and strong leasing demand across Germany and the U.K.

Feyisayo Ajayi Feyisayo Ajayi
Michael Ade-Ojo Custodian stake
BusinessHot News

Nigerian auto magnate Michael Ade-Ojo to pocket $1.9 million from Custodian Investment

Michael Ade-Ojo set for $1.9 million payout as Custodian Investment boosts dividend on strong 2025 earnings growth.

Feyisayo Ajayi Feyisayo Ajayi
Sasini avocado plant sale
BusinessHot News

Kenya’s Sasini Plc moves to sell Nairobi avocado plant amid strategy shift

Sasini Plc plans to sell its Nairobi avocado plant after returning to profit, signaling a strategic shift in its horticulture portfolio.

Feyisayo Ajayi Feyisayo Ajayi
Nigerian banker Segun Agbaje, CEO of GTCO.
BusinessHot News

Nigerian banker Segun Agbaje to pocket N490 million from GTCO

Segun Agbaje to receive N490 million from GTCO dividends as the bank maintains payouts despite lower 2025 profit and earnings pressure.

Omokolade Ajayi Omokolade Ajayi
Pearl of Africa Hotel debt crisis
BusinessHot NewsLuxury

Why Ugandan businessman Mohammed Hamid’s $300 million Pearl of Africa Hotel is still in debt crisis

Ugandan businessman Mohammed Hamid risks losing his $300 million hotel as $160 million debt pushes it toward possible auction.

Feyisayo Ajayi Feyisayo Ajayi
Nigerian billionaire businessman Tony Elumelu.
BillionairesBusinessHot News

Nigerian billionaire Tony Elumelu’s Seplat stake tops $800 million as shares climb

Nigerian billionaire Tony Elumelu’s Seplat stake surpasses $800 million as oil rally and earnings lift shares.

Omokolade Ajayi Omokolade Ajayi
Sam Jonah investment strategy
BusinessHot News

Ghana’s Sam Jonah: From Ashanti Goldfields CEO to investment mogul

Sam Jonah rose from miner to Ashanti CEO, building a gold giant and later a pan-African investment empire.

Feyisayo Ajayi Feyisayo Ajayi
Unifreight Africa trailer, part of the company’s logistics operations.
BusinessHot News

Zimbabwe’s Unifreight Africa plans capacity expansion amid tobacco surge

Unifreight Africa plans 2026 expansion to 100 million kilograms capacity as Zimbabwe tobacco output and logistics demand increase.

Omokolade Ajayi Omokolade Ajayi
Kenya Airways airline operations during 2025 financial results period.
BusinessHot News

After $132 million loss, Kenya Airways’ bailout hopes fade under tighter rules

Kenya Airways’ recovery faces pressure after a $132.3 million loss, rising debt and stricter global rules limiting state support.

Omokolade Ajayi Omokolade Ajayi
Funeka Montjane salary Standard Bank
BusinessHot News

South African CEO Funeka Montjane pockets $4.2-million from Standard Bank in 2025

Standard Bank’s Funeka Montjane earned $4.2 million in 2025 as PPB drove growth, boosting clients, earnings and group profitability.

Feyisayo Ajayi Feyisayo Ajayi