Tag: Featured

State-owned power utility Eskom
BusinessHot News

South Africa’s Johannesburg pays $328 million Eskom debt to avert blackouts

Johannesburg has paid Eskom more than $328 million in overdue electricity bills, averting potential power cuts across the city.

Omokolade Ajayi Omokolade Ajayi
Africa’s first Black billionaire Patrice Motsepe.
BusinessBillionairesHot News

SA billionaire Patrice Motsepe’s ARM expects earnings to rise as much as 22%

Patrice Motsepe’s ARM expects earnings to rise as much as 22 percent as stronger platinum prices offset weaker iron ore earnings.

Omokolade Ajayi Omokolade Ajayi
Israeli-born mining executive Yoram Dvash
BusinessHot News

Israeli-born mining executive Yoram Dvash named chairman of Botswana’s Okavango Diamond Company

Yoram Dvash takes the helm as chairman of Botswana’s Okavango Diamond Company.

Omokolade Ajayi Omokolade Ajayi
Nigerian oil mogul Wale Tinubu
Hot NewsBusinessExclusive

Oando’s assets near $6 billion as Nigerian oil mogul Wale Tinubu drives growth

Oando’s total assets have risen to $5.84 billion as Wale Tinubu expands the company’s upstream oil portfolio.

Omokolade Ajayi Omokolade Ajayi
Stellenbosch-based investment holding company Remgro Limited
BusinessHot News

South Africa’s $6.3 billion giant Remgro proves why culture drives success

Remgro says its people remain central to its long-term success as the $6.3 billion investment group strengthens its portfolio and culture.

Omokolade Ajayi Omokolade Ajayi
Ahmed El-Sewedy, President and CEO of Elsewedy Electric
BillionairesBusinessHot News

Ahmed El-Sewedy emerges as Egypt’s newest billionaire as Elsewedy Electric stake nears $1.3 billion

Ahmed El-Sewedy’s stake in Elsewedy Electric rises to $1.27 billion as shares surge nearly 55%, making him Egypt’s newest billionaire.

Feyisayo Ajayi Feyisayo Ajayi
Renergen
Hot NewsBusiness

Renergen kicks off commissioning South Africa’s first liquid helium plant

Renergen begins commissioning South Africa’s first liquid helium plant, targeting commercial shipments in September amid tight global supply.

Feyisayo Ajayi Feyisayo Ajayi
Zolani Tete
Hot NewsSports

Former world boxing champion Zolani Tete shot dead outside his home in South Africa

Former world boxing champion Zolani Tete was shot dead outside his South African home, as police investigate the killing and unclear motive.

Feyisayo Ajayi Feyisayo Ajayi
Black Coffee
EntertainmentHot News

Grammy-Award winning musician Black Coffee wins legal battle against Maserati South Africa

Black Coffee wins a R7 million ($437,136) court judgment against Maserati South Africa over a disputed customised MC20 Cielo vehicle purchase in Johannesburg.

Feyisayo Ajayi Feyisayo Ajayi
Aton Resources raises $2.8 million to advance Egypt’s Hamama gold project
BusinessHot News

Aton Resources raises $2.8 million to advance Egypt’s Hamama gold project

Aton Resources raises $2.8 million to advance exploration and development at Egypt’s Hamama gold project, targeting potential production in 2027.

Feyisayo Ajayi Feyisayo Ajayi
Niger signs $1.9 billion deal with Canadian group to build 100,000 bpd oil refinery
BusinessHot News

Niger signs $1.9 billion deal with Canadian group to build 100,000 bpd oil refinery

Niger signs a $1.9 billion deal with Zimar Inc. for a 100,000-bpd refinery to boost domestic fuel supply and cut imports.

Feyisayo Ajayi Feyisayo Ajayi
Gauteng-born CEO Mpumi Madisa.
BusinessHot News

South African CEO Mpumi Madisa reveals leadership playbook at $5.1 billion Bidvest

Bidvest CEO Mpumi Madisa shares key leadership insights on steering the $5.1 billion global conglomerate and driving major corporate growth.

Omokolade Ajayi Omokolade Ajayi