Tag: Featured

Cape Winelands Airport, previously championed by SA billionaire Rob Hersov, nears final approval

Cape Winelands Airport moves toward approval, with construction set for 2026 under RSA Aero leadership after Rob Hersov’s exit.

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Wema Bank secures $5.9 million Proparco guarantee for MSME loans

Proparco partners with Wema Bank to deploy $5.9 million guarantee, boosting Nigerian MSME financing and economic growth.

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Spar Group CEO Angelo Swartz exits, CFO Reeza Isaacs set to take over

Spar Group CEO Angelo Swartz exits; CFO Reeza Isaacs takes over, inheriting a leaner, more focused retailer navigating tech and competition.

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Idrissa Nassa’s Coris secures up to $100 million IFC backing for Cabo Verde bank acquisition

Coris Bank secures $100 million IFC loan to acquire 59.8% of Cabo Verde’s BCA, boosting regional banking expansion.

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Top 5 companies powering the Ackerman family empire

Inside the Ackerman empire: Pick n Pay, Boxer and other retail assets shaping South Africa’s consumer economy.

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Globacom scales network, boosts broadband access nationwide

Globacom expands nationwide network, boosting mobile data speed, reliability, and broadband access for millions of users.

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EAPC reshapes board after Kalahari Cement takeover

EAPC appoints two directors after Kalahari Cement’s 29.2% takeover, signaling a governance shift and turnaround push.

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20 richest people in Tanzania

Tanzania’s billionaires power growth as DSE market cap hits $13.07 billion amid investment surge.

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Anglo American takes $2.3 billion De Beers hit as restructuring deepens

Anglo American books $2.3 billion De Beers writedown as restructuring deepens, with a shift toward copper and iron ore.

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South Africa’s Tsabedze family strengthens Afrirent with CFO hire, Busmark deal

Senzo Tsabedze strengthens Afrirent with a new CFO and Busmark acquisition to deepen transport manufacturing footprint.

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Sustainable logistics in Egypt: Edita’s fleet goes electric with Shift EV

Edita partners with Shift EV to deploy electric trucks, cutting diesel costs and advancing sustainable logistics in Egypt.

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PIC, Africa’s largest asset manager, set for $46 million Sibanye-Stillwater dividend

PIC eyes $46 million Sibanye dividend after miner declares $213 million payout on earnings rebound and strong metal prices.

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