Tag: Featured

Egyptian billionaire Nassef Sawiris.
SportsBusinessHot News

Aston Villa linked to Nassef Sawiris leads European clubs in Saudi transfer income at $227 million

Aston Villa leads European clubs in Saudi transfer income, earning $227 million from player sales since summer 2023.

Feyisayo Ajayi Feyisayo Ajayi
Sibanye-Stillwater
BusinessHot News

Sibanye-Stillwater begins talks over proposed restructuring of Kwezi shaft

Sibanye-Stillwater will consult workers over Kwezi shaft restructuring, potentially affecting 1,114 employees and contractors as production declines.

Feyisayo Ajayi Feyisayo Ajayi
Varkey Verghese , Jawa
BusinessHot News

Varkey Verghese: Indian-born entrepreneur who built Jawa into a Nigerian pharmaceutical group

Varkey Verghese built Jawa International from a pharmaceutical distributor into a Nigerian manufacturer serving human and animal healthcare markets.

Feyisayo Ajayi Feyisayo Ajayi
Ninety One
BusinessHot News

Ninety One takes stake worth $474 million in Sibanye-Stillwater

Ninety One acquires a $473.8 million stake in Sibanye-Stillwater, crossing 5% as the miner reports record H1 earnings and stronger finances.

Feyisayo Ajayi Feyisayo Ajayi
SunBet Namibia launch
BusinessHot NewsTourism

Sun International’s interim profit falls to $45 million in H1 2026

Sun International’s interim profit fell to $45 million in 2026 despite revenue growth, as investment and inflation pressured margins overall.

Feyisayo Ajayi Feyisayo Ajayi
Harmony Gold
BusinessHot News

Harmony Gold employee dies in seismic incident at Moab Khotsong mine

Harmony Gold confirms an employee died in a seismic incident at Moab Khotsong mine, while South African authorities investigate the fatality.

Feyisayo Ajayi Feyisayo Ajayi
Mahesh Nandwani , Jolaks founder and CEO
BusinessHot News

Sierra Leone family-run palm oil company Jolaks secures $20 million financing

Sierra Leone’s Jolaks Manufacturing secures $20 million from Proparco to expand palm oil production and strengthen local food security.

Feyisayo Ajayi Feyisayo Ajayi
MCB
BusinessHot News

MCB structures $51 million financing for Tolaram’s Nigeria expansion

MCB has structured a $51 million loan for Tolaram, refinancing acquisition debt and supporting its expansion across Nigeria and Africa.

Feyisayo Ajayi Feyisayo Ajayi
Mtumba Government City in Dodoma
BusinessHot News

Tanzania to unveil massive $270 million government city in Dodoma

Tanzania will inaugurate the $270 million Mtumba Government City in Dodoma, anchoring 26 ministry headquarters to streamline state administration.

Omokolade Ajayi Omokolade Ajayi
San Francisco-based giant Uber Technologies Inc
TechnologyBusinessHot News

Nigerian watchdog probes Uber over sudden exit, trapped user funds

Nigeria’s antitrust watchdog launches an inquiry into Uber’s sudden exit after 12 years, targeting unpaid balances, driver earnings, and lost fares.

Omokolade Ajayi Omokolade Ajayi
South African businessman Adrian Gore
BusinessHot News

South African tycoon Adrian Gore to bag $7.5 million dividend as Discovery profit soars

South African tycoon Adrian Gore will receive a $7.56 million final dividend after Discovery’s annual profit surged 38.3 percent to $827.92 million.

Omokolade Ajayi Omokolade Ajayi
Carlos Vicente
BusinessHot News

Angolan businessman Carlos Vicente’s Standard Bank stake put on the block for $261 million

Angola’s Capital Markets Commission has approved the sale of Carlos São Vicente’s 34% Standard Bank Angola stake, valued at up to $261 million.

Feyisayo Ajayi Feyisayo Ajayi