Tag: Featured

I&M Group headquarters at 1 Park Avenue, Nairobi, Kenya.
BankingBusinessHot News

I&M Bank wins $5.5 million tax battle against Kenya Revenue Authority

I&M Bank wins a $5.5 million tax battle against Kenya Revenue Authority over bad debt provisions, securing relief for the East African lender.

Omokolade Ajayi Omokolade Ajayi
South African tycoon Mzi Khumalo
BusinessHot NewsMining

South African tycoon Mzi Khumalo may lose Zimbabwe gold mines over $70 million debt

South African tycoon Mzi Khumalo risks losing his Zimbabwean gold mines over an unpaid $70.3 million buyout debt as creditors circle.

Omokolade Ajayi Omokolade Ajayi
Ecobank CIBS
BusinessGlobal NewsHot NewsLatestMarkets

Ecobank joins Africa’s yuan-clearing race 102 days after Standard Bank

Ecobank has signed a CIPS agreement to expand yuan payment services across Africa, following Standard Bank’s entry into renminbi clearing.

Feyisayo Ajayi Feyisayo Ajayi
African Bank
BusinessBankingHot NewsLatest

African Bank wins as court rejects Verbisat appeal in money judgment dispute

African Bank wins another legal victory as a Johannesburg court rejects Verbisat’s appeal bid and orders five respondents to pay punitive legal costs.

Feyisayo Ajayi Feyisayo Ajayi
Elsewedy Electric Q1 profit growth
Hot NewsBusinessEnergyLatest

Egypt’s Elsewedy Electric plans electric vehicle factory in Algeria

Elsewedy Electric seeks approval for an Algerian factory producing electric and hybrid cars with locally sourced components.

Feyisayo Ajayi Feyisayo Ajayi
Brian Smith
BusinessExecutivesHot NewsLatest

Sentinel Finco’s audit committee chair Brian Smith dies

Sentinel Finco audit chair Brian Smith has died, leaving a legacy in auditing, corporate governance and structured finance across South Africa.

Feyisayo Ajayi Feyisayo Ajayi
Crookes Brothers
BusinessCompaniesHot NewsLatest

Crookes Brothers seeks new company secretary after Highway Corp resignation

Crookes Brothers seeks a new company secretary after Highway Corporate Services resigns, following John Acutt’s planned retirement on November 30, 2026.

Feyisayo Ajayi Feyisayo Ajayi
South African business leader Mteto Nyati
BusinessExecutivesHot News

South Africa must lead Africa’s commercial rise, Eskom chair Mteto Nyati says

Eskom chair Mteto Nyati urges South Africa to cut red tape and position itself as Africa’s top gateway for global multinationals seeking scale.

Omokolade Ajayi Omokolade Ajayi
Christian Kerangall
BusinessEntrepreneursHot News

10 businesses linked to one of Gabon’s richest men, Christian Kerangall

Gabonese richest man Christian Kerangall’s business empire spans automotive distribution, banking, engineering, mining and real estate through Sogafric Holding.

Feyisayo Ajayi Feyisayo Ajayi
South Africa's Boxer Retail Limited
BusinessCompaniesHot News

South Africa’s Boxer hits $1.46 billion in sales as bargain hunters fuel growth

Boxer hits $1.46 billion in sales, clearing debt and raising dividends as value shoppers flock to its discount aisles across Southern Africa.

Omokolade Ajayi Omokolade Ajayi
Africa's food giant, BUA Foods
BusinessCompaniesHot News

Africa’s food giant, BUA Foods, pays out nearly $1 billion to investors in 5 years

BUA Foods delivered nearly $1 billion in dividends over five years, defying naira devaluation with strong pricing power, scale, and record profits.

Omokolade Ajayi Omokolade Ajayi
Limpopo biggest farms
BusinessCompaniesHot News

10 biggest farms in South Africa’s Limpopo province

Shore Africa unveils 10 of Limpopo’s biggest farms, from historic Zebediela Citrus Estate to major avocado, citrus and vegetable producers in South Africa.

Feyisayo Ajayi Feyisayo Ajayi