Tag: Featured

Lance Foxcroft, CEO of Italtile
BusinessHot News

Outgoing Italtile CEO Lance Foxcroft receives $1.2 million salary in 2025

Italtile CEO Lance Foxcroft salary 2025 rises to $1.2 million as earnings grow despite weak demand and retail pressure.

Timilehin Adejumobi Timilehin Adejumobi
Cape Town’s tourism sector held steady in 2025.
TourismBusinessHot News

Cape Town tourism holds steady as foreign visitors drive $1.5 billion in spending

Cape Town tourism stays steady in 2025 as international visitors drive $1.5 billion in spending and domestic travel weakens.

Omokolade Ajayi Omokolade Ajayi
African billionaires who own superyachts
Hot NewsLuxury

5 African billionaires who own superyachts

African billionaires expand into superyachts, signaling global luxury reach, investment shift, and rising influence in elite maritime markets.

Feyisayo Ajayi Feyisayo Ajayi
Sim Tshabalala, CEO of Standard Bank Group.
Hot NewsBusiness

Sim Tshabalala sees Standard Bank stake top $15 million ahead of 2027 retirement

A stronger rand and rising JSE shares push Sim Tshabalala’s Standard Bank stake over $15 million as the lender expands across Africa.

Omokolade Ajayi Omokolade Ajayi
Conoil Plc, the Lagos-based petroleum marketer.
Hot NewsBusiness

Nigeria’s Conoil profit jumps to $2.9 million in Q1 2026 on lower costs

Conoil posts N3.89 billion ($2.9 million) Q1 2026 profit as cost cuts offset revenue decline and strengthen margins.

Omokolade Ajayi Omokolade Ajayi
Moroccan billionaire Anas Sefrioui
BillionairesBusinessHot News

Moroccan billionaire Anas Sefrioui’s net worth rises $100 million in 24 hours

Anas Sefrioui's net worth climbed to $1.5 billion following a $100 million surge driven by a rally in Addoha housing shares.

Omokolade Ajayi Omokolade Ajayi
rail systems
BusinessHot News

10 notable heavy-haul rail systems across Africa

Across Africa, 15 heavy-haul rail systems move iron ore, coal and copper, powering export supply chains and driving mining economies across regions

Feyisayo Ajayi Feyisayo Ajayi
Ongwe Minerals Namibia gold exploration
BusinessHot News

Ongwe Minerals raises $15.4 million for Namibia gold exploration

Ongwe Minerals raises $15.4 million to accelerate Namibia gold exploration, with funding potentially exceeding $23 million.

Feyisayo Ajayi Feyisayo Ajayi
Tswalu Kalahari conservation reserve
Hot NewsTourism

Oppenheimer family’s Tswalu builds conservation legacy across South Africa’s largest private reserve

Oppenheimer family transforms Tswalu into South Africa’s largest private reserve, advancing conservation, biodiversity restoration and eco-tourism

Feyisayo Ajayi Feyisayo Ajayi
World's richest person Elon Musk.
TechnologyBusinessHot News

Pretoria-born trillionaire, Elon Musk, projects $1 trillion SpaceX revenue by 2030

Elon Musk projects SpaceX annual revenue could reach $1 trillion by 2030 following its historic public listing.

Omokolade Ajayi Omokolade Ajayi
Hot NewsBusiness

World Bank prepares $750 million loan to support Kenya’s fiscal reforms

The World Bank prepares a $750 million budget support loan for Kenya to ease debt pressures and drive fiscal reforms.

Omokolade Ajayi Omokolade Ajayi
Vodacom executive share awards
BusinessHot News

Vodacom CEO Aziz Joosub, top brass unlock over $5 million in share awards

Vodacom awarded over $5.01 million in share incentives to CEO Aziz Joosub and top executives under a three-year JSE-linked vesting scheme plan today.

Feyisayo Ajayi Feyisayo Ajayi