Tag: Featured

Mr Price 2026 profit results
BusinessHot News

Mr Price Group delivers $236.6 million profit on stronger margins in 2026

Mr Price posts $236.6 million profit as margins expand, offsetting weak demand and driving steady revenue growth in 2026 results.

Feyisayo Ajayi Feyisayo Ajayi
Bertina Engelbrecht 2025 pay
BusinessHot News

Clicks Group CEO Bertina Engelbrecht takes $1.9 million pay in 2025

Clicks Group CEO Bertina Engelbrecht earned $1.9 million in 2025, down 6.72% from prior year, reflecting lower incentives and steady leadership impact.

Feyisayo Ajayi Feyisayo Ajayi
Abbey Bank regional commercial transition
BusinessHot News

Nigerian banker Rose Okwechime’s Abbey Mortgage Bank gets approval to transition into regional commercial lender

Abbey Bank receives CBN approval to become regional commercial lender, expanding beyond mortgages after strong earnings and name change, Nigeria.

Feyisayo Ajayi Feyisayo Ajayi
Flutterwave logo representing Africa’s most valuable tech unicorn.
TechnologyBusinessHot News

Flutterwave, Tempo partner to speed up payments from US, Europe to Africa

Flutterwave partners with Tempo to launch stablecoin payment infrastructure, cutting cross-border fees as volumes cross $40 billion.

Omokolade Ajayi Omokolade Ajayi
Hot NewsBusiness

Kenyan firm Sasini calls off $61.1 million estate sale as buyer defaults

Kenyan agribusiness Sasini has canceled the $61.1 million sale of its Gulmarg coffee estate after the buyer defaulted on critical payment deadlines.

Omokolade Ajayi Omokolade Ajayi
Mary Vilakazi salary 2025
BusinessHot News

FirstRand CEO Mary Vilakazi takes $4.8 million pay in 2025

FirstRand CEO Mary Vilakazi earned $4.8 million in 2025, up sharply, as bank strengthened its dominance across African financial markets growth

Feyisayo Ajayi Feyisayo Ajayi
Alan Hedding retirement
BusinessHot News

Toyota Financial Services South Africa’s audit chair Alan Hedding to retire this month

Toyota Financial Services South Africa audit chair Alan Hedding will retire June 18, 2026, ending his board and committee tenure in JSE filing.

Feyisayo Ajayi Feyisayo Ajayi
Africa’s largest private islands
Hot NewsTourism

Africa’s 10 largest private islands

Africa’s largest private islands reveal how exclusivity, conservation, and ultra-luxury tourism reshape ownership and ecological preservation models.

Feyisayo Ajayi Feyisayo Ajayi
Deneb Investments property disposal
BusinessHot News

South Africa’s Deneb secures approval for $7.4 million Cape Town property sale

Deneb gets Competition Commission approval to sell its Cape Town property for $7.4 million, finalizing Deneb House disposal deal.

Feyisayo Ajayi Feyisayo Ajayi
Raya Holding Ostool deal
BusinessHot News

Raya Holding agrees to sell 90% stake in Ostool to Ascom in $12.4 million deal

Raya Holding agreed to sell a 90% stake in Ostool to Ascom for $12.4 million, advancing its shift in Egypt’s logistics sector, deal momentum gain

Feyisayo Ajayi Feyisayo Ajayi
ORA Developers UAE expansion
BusinessHot News

Egypt’s ORA Developers begins Phase 1 construction of $517 million BAYN project in Abu Dhabi

ORA Developers has begun Phase 1 construction of its $517 million BAYN project in Abu Dhabi, marking a key execution milestone in the UAE market.

Feyisayo Ajayi Feyisayo Ajayi
Vivian Reddy Oceans Mall Umhlanga
LuxuryHot News

South African businessman Vivian Reddy’s $68.5 million Oceans Mall reshapes Umhlanga’s luxury retail landscape

Vivian Reddy’s $68.5 million Oceans Mall drives Umhlanga’s rise as a luxury retail and mixed-use coastal investment hub.

Feyisayo Ajayi Feyisayo Ajayi