Tag: Featured

South African property investment company Putprop Limited.
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South African property firm Putprop buys Johannesburg retail center for $7.6 million

Putprop expands its Gauteng portfolio with a $7.6 million retail center acquisition in Johannesburg’s Kramerville design and commercial district.

Omokolade Ajayi Omokolade Ajayi
Kenyatta Ndegwa payout
BusinessHot News

Kenyatta, Ndegwa families set for $40.6 million payout in Nedbank’s NCBA takeover push

Kenyatta and Ndegwa families set to receive $40.6 million cash in Nedbank’s NCBA takeover push as cross-border banking deal advances in Kenya

Feyisayo Ajayi Feyisayo Ajayi
Vivian Imerman business empire
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7 Companies owned by South African-born Vivian Imerman

Vivian Imerman built a consumer goods empire, transforming Del Monte and Whyte & Mackay into global profit engines.

Feyisayo Ajayi Feyisayo Ajayi
DTB Kenya fraud case
BusinessHot News

2 former staff of Diamond Trust Bank Kenya charged over alleged $1.2 million customer account theft scheme

Former Diamond Trust Bank Kenya managers charged over alleged $1.2 million theft from customer account spanning multiple years prosecutors say

Feyisayo Ajayi Feyisayo Ajayi
Mauritius-based property developer Evaco Group.
LuxuryBusinessHot News

Debt costs push Mauritius-based Evaco Group to $3.1 million nine-month loss

Mauritius property developer Evaco Group falls into a $3.1 million nine-month loss as steep debt costs and plunging revenues stall corporate liquidity.

Omokolade Ajayi Omokolade Ajayi
Nigerian billionaire Tony Elumelu, with United Capital CEO Peter Ashade and other executives of the company
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Nigeria’s United Capital targets Rwanda next after Francophone West Africa success

Peter Ashade leads United Capital toward Rwanda, aiming to push the group's market capitalization past the $300 million threshold.

Omokolade Ajayi Omokolade Ajayi
Charles Molapisi MTN compensation 2025
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South African Executive Charles Molapisi bags $2.6-million pay in 2025

MTN executive Charles Molapisi earns nearly $2.6 million in 2025 as profit rebound and strong performance lift compensation.

Feyisayo Ajayi Feyisayo Ajayi
Prosus wins more time for Delivery Hero sale
TechnologyBusinessHot News

Koos Bekker-led Prosus wins more time for Delivery Hero sale following rejected $11.6B Uber bid

Prosus wins a crucial EU deadline extension to October 11, giving it time to block Uber from acquiring Delivery Hero after a rejected $11.6 billion bid.

Omokolade Ajayi Omokolade Ajayi
Nana Bouba expands agribusiness empire
BusinessHot News

How Cameroonian industrialist Nana Bouba expands agribusiness empire with oilseed venture

Cameroonian industrialist Nana Bouba’s new oilseed venture expands his agribusiness empire through vertical integration in Cameroon agro-processing value chain.

Feyisayo Ajayi Feyisayo Ajayi
Ham Kiggundu business empire
BusinessHot News

Ugandan entrepreneur Ham Kiggundu builds diversified empire across real estate, logistics, education

Ugandan entrepreneur Ham Kiggundu builds a diversified empire spanning real estate, logistics, education, and agro-industrial ventures.

Feyisayo Ajayi Feyisayo Ajayi
Nigerian business executive Oghale Elueni.
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PZ Cussons Nigeria names Oghale Elueni new CEO following 246 percent profit surge

PZ Cussons Nigeria appoints Oghale Elueni as managing director and CEO following a stellar 246 percent net income recovery to $28.6 million.

Omokolade Ajayi Omokolade Ajayi
Cape Town-based executive Alan Keet, a regional leader at Apex Group overseeing African operations.
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Alan Keet eyes next growth phase after Apex Group hits $300 billion in South African assets

Following a massive $300 billion asset milestone, Alan Keet outlines Apex Group's next phase: driving growth through on-chain tokenization.

Omokolade Ajayi Omokolade Ajayi