Tag: Featured

GB Corp new subsidiaries
BusinessHot News

Ghabbour family’s GB Corp. to launch three new units, seeks shareholder approval

GB Corp. plans three subsidiaries in technology and investment services, pending shareholder…

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Hot NewsLuxury

Mark Zuckerberg, world’s fifth-richest billionaire, buys $170 million Miami mansion

Meta co-founder Mark Zuckerberg acquires a $170 million Miami mansion with pool,…

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Ibnsina Pharma 2025 profit growth
BusinessHot News

Ibnsina Pharma, Egypt’s largest pharmaceutical distributor posts $19 million profit in 2025

Ibnsina Pharma posts $19 million profit in 2025 as revenue jumps 37%,…

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BusinessHot News

South Africa’s $1 billion LNG terminal delayed to 2028 after court disrupts plans

South Africa’s $1 billion LNG terminal at Richards Bay delayed to 2028…

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Hot NewsSports

Egyptian billionaire Nassef Sawiris takes Adidas chair, holds $2 billion stake

Egyptian billionaire Nassef Sawiris to chair Adidas, holding $2 billion stake as…

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Tony Elumelu Foundation 2026 cohort
BusinessHot News

Tony Elumelu Foundation to disburse nearly $16 million to 3,199 entrepreneurs in 2026 cohort

Tony Elumelu Foundation to disburse nearly $16 million to 3,199 African entrepreneurs…

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African Rainbow Minerals profit
BusinessHot News

Sanlam commits $196 million for 25% stake in ARC’s diversified investment portfolio

Sanlam Life invests $196 million for 25% of ARC Fund portfolio, deepening…

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Hot NewsTechnology

Africa’s largest telecom operator MTN plans Syria exit, cuts Middle East exposure

MTN Group plans to exit Syria, reducing Middle East exposure, while Nigerian…

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BusinessHot News

South African pharma giant Aspen hit by mRNA contract loss

South African pharma giant Aspen reports weaker results after mRNA contract loss,…

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Steinhoff FSCA $22 million fine
BusinessHot News

Ex-Steinhoff legal chief in Markus Jooste Scandal hit with $22 million fine

South Africa’s FSCA fines former Steinhoff executive Stehan Grobler $22 million over…

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Nedbank NCBA takeover bid
BusinessHot News

Nedbank raises cash offer to $245 million in $856 million NCBA takeover bid

Nedbank lifts cash offer to $245 million in $856 million bid for…

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Caxton interim results 2025
BusinessHot News

Caxton profit slipped to $20 million in H1 2026

Caxton profit slips 4% to R332 million ($20 million) as ad slump…

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