Tag: Featured

Northam credit boost renewable energy
BusinessHot News

Northam raises $124 million credit line amid renewable energy push

Northam Platinum raises credit line by $124 million to boost renewable energy projects, cut emissions, and secure long-term power supply.

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BusinessHot News

UAE’s Mubadala Energy acquires 15% stake in Egypt’s Nargis offshore field

Mubadala Energy buys 15 percent of Egypt’s Nargis offshore field, strengthening its gas presence in the Eastern Mediterranean.

Omokolade Ajayi Omokolade Ajayi
Sibanye-Stillwater revenue H1 2026
BusinessHot News

Sibanye-Stillwater H1 2026 revenue hits $7.3 billion

Sibanye-Stillwater posts $7.3 billion H1 2026 revenue, driven by higher metal prices, operational gains, and strategic growth projects.

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City Lodge Hotels earnings
Hot NewsLuxury

City Lodge Hotels reports robust H1 2026 performance, with revenue above $70 million

City Lodge Hotels posts strong H1 2026 results, with 33% adjusted earnings growth and rising occupancy boosting revenue.

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Cell C exit drives interim earnings plunge
BusinessHot News

Blu Label swings to loss after $371.6 million Cell C disposal

Blu Label swings to interim loss after Cell C exit, despite resilient core earnings and steady underlying operations.

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BusinessHot News

Bloemfontein’s largest mall, owned by Michael Georgiou, hit by power cut over $9.25 million debt

Bloemfontein mall faces power cut over $9.25 million debt as court allows Centlec action against Loch Logan Waterfront.

Omokolade Ajayi Omokolade Ajayi
Al Mada stake gains $270 million
BusinessHot News

Moroccan Royal-backed Al Mada sees $270 million gain from Attijariwafa Bank shares

Al Mada’s 46.54% stake gained $270 million in 2026 as its holdings rose to $8.24 billion amid steady market growth.

Feyisayo Ajayi Feyisayo Ajayi
Gold Fields $3.57 billion profit
BusinessHot News

Gold Fields reports $3.57 billion profit, announces $1.7 billion shareholder payout

Gold Fields posts $3.57 billion profit, boosts payouts to $1.7 billion as gold output and cash flow surge in 2025.

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Hot NewsTechnology

IHS weighs $685 million Latam tower sale after $6.2 billion bid from MTN Group

IHS Holding plans $685 million sale of Latin America assets as MTN Africa moves to acquire the company’s core African operations.

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Akhannouch drives Morocco’s largest social support
BusinessHot News

Billionaire mogul and politician Aziz Akhannouch expands Morocco’s social reform to 3.9 million families

Morocco’s social reform expands under Aziz Akhannouch, delivering cash transfers to 3.9 million families in 2026.

Feyisayo Ajayi Feyisayo Ajayi
Kumba Iron Ore 2025 revenue
BusinessHot News

Kumba Iron Ore posts $4.4 billion in 2025 revenue, expands margins

Kumba Iron Ore posts $4.4 billion revenue in 2025, boosts margins and dividends despite volatile global trade conditions.

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Kenya tallest towers Nairobi
Hot NewsLuxury

Kenya’s 10 tallest towers redefining Nairobi’s skyline

Kenya’s 10 tallest towers reshape Nairobi’s skyline, signaling economic growth, foreign investment and modern urban ambition.

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