Tag: Featured

Kasapreko debt reduction 2025
BusinessHot News

Ghanaian mogul Kwabena Adjei’s Kasapreko cuts debt to $52 million as cash reserves climb

Kasapreko cut debt to $52 million in 2025 as cash reserves rose, strengthening its balance sheet amid expansion in Ghana's beverage market.

Feyisayo Ajayi Feyisayo Ajayi
YeboYethu board resignation
BusinessHot News

YeboYethu director Tersha Walljee exits board after Vodacom employee trust cuts stake below 8%

YeboYethu director Tersha Walljee resigns after Vodacom Siyanda Employee Trust cut stake to 7.85%, breaching board representation threshold.

Feyisayo Ajayi Feyisayo Ajayi
Capitec Mouton stake exceeds $2 billion
Hot NewsBillionairesBusiness

South African billionaire Jannie Mouton set for $27 million Capitec dividend

Mouton family to receive $27 million as Capitec lifts dividend on strong earnings and rising digital banking demand.

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

Uber proposes $11.6 billion bid for Delivery Hero as Prosus, led by South African billionaire Koos Bekker, trims stake

Uber’s $11.6 billion bid for Delivery Hero emerges as Prosus trims stake under EU rules and competition intensifies in Europe’s food delivery market.

Omokolade Ajayi Omokolade Ajayi
Allan Kilavuka, immediate former Group Managing Director and CEO of Kenya Airways, in an official executive portrait.
Hot NewsBusiness

Allan Kilavuka exits Kenya Airways with $1 million pay as airline posts $132 million loss in 2025

Kenyan business executive Allan Kilavuka exits Kenya Airways with $1.01 million pay as airline posts $132 million loss in 2025.

Omokolade Ajayi Omokolade Ajayi
Gold nuggets.
Hot NewsBusiness

Zimbabwe restricts small-scale gold mining to citizens, tightening sector rules

Zimbabwe restricts small-scale gold mining to citizens in policy shift aimed at boosting local control and retaining mining earnings.

Omokolade Ajayi Omokolade Ajayi
Jaiz Bank dividend payout 2025
BusinessHot News

Nigerian banker and lawyer Sa’adat Mohammed set to earn N450 million dividend in 2025

Nigerian banker and lawyer Sa’adat Mohammed is set to earn over N450 million dividend from Jaiz Bank’s 2025 payout on strong results in 2025.

Feyisayo Ajayi Feyisayo Ajayi
Nigerian billionaire Abdul Samad Rabiu
Hot NewsBillionairesBusiness

Nigerian billionaire Abdul Samad Rabiu sees $1 billion wiped from net worth in 4 days

BUA Cement share decline erases $1 billion from Abdul Samad Rabiu’s net worth in four days, pulling fortune back from recent highs.

Omokolade Ajayi Omokolade Ajayi
Orange Mastercard digital payments Africa
BusinessHot News

Orange, Mastercard join forces to accelerate digital payments across seven African markets

Orange, Mastercard partner to expand digital payments across Africa, targeting underserved users with mobile money-linked debit cards.

Feyisayo Ajayi Feyisayo Ajayi
Zak Calisto, CEO of Karooooo
BusinessHot NewsTechnology

South African tech tycoon Zak Calisto set for $27 million dividend from Karooooo

Karooooo plans a $46 million dividend payout, boosting South African billionaire Zak Calisto’s earnings to $26.9 million.

Feyisayo Ajayi Feyisayo Ajayi
Aliko Dangote and NNPC Group CEO Bashir Bayo Ojulari.
Hot NewsBusiness

NNPC accuses Dangote refinery of monopoly claims as refinery private placement draws $2 billion

NNPC accuses Dangote refinery of monopoly claims as dispute over import licences and fuel supply intensifies in Nigeria.

Omokolade Ajayi Omokolade Ajayi
Cape Town-based executive Alan Keet, a regional leader at Apex Group overseeing African operations.
BusinessGlobal NewsHot News

Cape Town-based executive Alan Keet steers Apex Group to $300 billion in South African assets under administration

Alan Keet leads Apex Group’s South African platform to R5 trillion ($300 billion) in assets under administration.

Omokolade Ajayi Omokolade Ajayi