Tag: Featured

Vukile’s $2 billion Spain retail portfolio cements Iberian market dominance

Vukile’s €1.7 billion ($1.98 billion) Spanish portfolio surpasses Lighthouse’s footprint, cementing Iberian…

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10 businesses owned by Kenya’s largest landholders, the Kenyatta family

Inside the Kenyatta family empire: banking, dairy, land and a $5-billion Nairobi…

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AfroCentric flags wider annual loss despite surge in headline earnings

AfroCentric forecasts wider full-year 2025 loss on impairments and reporting shift, despite…

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Shoprite posts $8.6 billion revenue in H1 2026

Shoprite Holdings posts $8.6 billion H1 2026 revenue, up 7.2%, as Christo…

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New $62 million Somerset West project taps Western Cape housing demand

The Charles launches 178 apartments in Somerset West, Western Cape, as demand…

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Tshepo Mahloele: South African tycoon behind $3 billion pan-African investment firm

South African tycoon Tshepo Mahloele leads Harith with $3 billion in African…

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Zimbabwe’s economic crisis fuels record travel to South Africa

Zimbabwe’s outbound trips to South Africa in 2024 underscore currency instability, inflation…

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Dangote Cement pays $380 million in taxes in 2025

Dangote Cement paid $380 million in 2025 taxes as profit topped $730…

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Nigerian billionaire Abdul Samad Rabiu to pocket $237 million dividend from BUA Cement

Nigerian billionaire Abdul Samad Rabiu to receive $237 million from BUA Cement…

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Egypt’s Oriental Weavers posts $45 million in profits in 2025

Oriental Weavers posts $45 million profit in 2025 as revenue rises 10%…

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Prudential sells 24.1% ICEA portfolio acquired from Ndegwa family in 2021

Prudential will exit ICEA Lion, selling its 24.1% stake acquired in a…

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MTN Group forecasts massive rebound after MTN Nigeria posts $820 million profit

MTN Group expects earnings rebound as MTN Nigeria reports $820 million profit…

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