Tag: Featured

South African billionaire Koos Bekker, chairman of Naspers and Prosus.
Hot NewsBusinessHospitalityLuxury

South Africa’s $3.2 billion man buys 2,700 acres of English countryside

South African billionaire Koos Bekker has quietly acquired over 2,700 acres in Somerset, turning rural England into an ultra-luxury playground.

Omokolade Ajayi Omokolade Ajayi
Nigerian Exchange (NGX)
BusinessHot NewsMarkets

Nigerian stocks outshine South Korean tech as South Africa’s top fund pivots

Allan Gray favors Nigerian equities over Korean tech, tapping a 72 percent rally while warning of micro-cap liquidity traps on the NGX.

Omokolade Ajayi Omokolade Ajayi
Vitality boss Neville Koopowitz
BusinessExecutivesHot News

Vitality boss Neville Koopowitz offloads Discovery stake worth over $2.4 million

Vitality CEO Neville Koopowitz sells a $2.44 million stake in Discovery as the global insurer reports double-digit international profit growth.

Omokolade Ajayi Omokolade Ajayi
Jim Ovia, founder of Zenith Bank.
BusinessHot News

Nigerian banking titan Jim Ovia set to pocket $6.6 million Zenith Bank dividend

Jim Ovia will pocket a $6.6 million interim dividend from Zenith Bank after the lender raised its half-year shareholder payout to historic highs.

Omokolade Ajayi Omokolade Ajayi
BusinessCompaniesHot NewsLatest

South African entrepreneur Nonhlanhla Mavie loses appeal to rescue Keliana Group

South African court dismisses Nonhlanhla Mavie’s appeal to rescue Keliana Group, citing insufficient evidence and leaving the company in liquidation.

Feyisayo Ajayi Feyisayo Ajayi
Jannie Mouton, Zeder
BusinessHot NewsInvestmentsLatest

South Africa’s Zeder advances Zaad disposal as key approvals remain outstanding

Zeder has secured competition approval for its Zaad disposal in South Africa, but central bank clearance and other conditions remain outstanding.

Feyisayo Ajayi Feyisayo Ajayi
ARM
BusinessHot NewsMining

Assore sues ARM over Assmang 8 months after Patrice Motsepe’s executive retirement

Assore has sued ARM over management and executive appointment rights at Assmang, eight months after Patrice Motsepe’s executive retirement.

Feyisayo Ajayi Feyisayo Ajayi
Anix Trading
BusinessCompaniesHot NewsLatest

Peter Makama’s Anix Trading faces fresh legal hurdles in $1.1 million municipal dispute

Peter Makama’s Anix Trading faces a halt to enforcement of a R20.04 million ($1.1 million) award as Lesedi municipality’s appeal proceeds.

Feyisayo Ajayi Feyisayo Ajayi
Standard Bank Office
BusinessBankingHot News

Standard Bank underwrites $545 million to overhaul South Africa’s Gautrain network

Standard Bank underwrites a $545 million deal to upgrade South Africa’s Gautrain rail network under a new 15-year pact.

Omokolade Ajayi Omokolade Ajayi
Aspire Waterfall tower exterior
LuxuryBusinessLifestyle

South Africa’s new $38 million luxury hub sells out 76% before construction

Aspire Waterfall City sells 76% of its R624 million ($38 million) units before construction, proving strong demand for secure Gauteng luxury living.

Omokolade Ajayi Omokolade Ajayi
South African businessman Adrian Gore
ExecutivesBusiness

South African tycoon Adrian Gore earns $2.4 million pay from Discovery in 2026

Adrian Gore's pay rose to $2.4 million in 2026 as Discovery reported stronger earnings, a higher dividend and banking growth.

Timilehin Adejumobi Timilehin Adejumobi
Nigerian tycoon Kola Karim
BusinessHot News

Nigerian tycoon Kola Karim courts French investors to drive West African trade push

Nigerian tycoon Kola Karim courts French investors in Paris to finance cross-border trade, joint ventures, and West African infrastructure.

Omokolade Ajayi Omokolade Ajayi