Tag: Featured

Zenith Bank Plc
BusinessBankingHot News

Zenith Bank raises interim dividend 20% as first-half profit reaches $479 million

Zenith Bank raises its interim dividend 20 percent to N1.50 per share as first-half 2026 pre-tax profit reaches $479 million.

Omokolade Ajayi Omokolade Ajayi
Most valuable banks on Ghana Stock Exchange
BusinessBankingHot NewsLatest

Ecobank joins Standard Bank in race to become Africa’s yuan clearing hub

Ecobank plans to join China’s CIPS payments network, following Standard Bank’s move to expand yuan clearing services across Africa.

Feyisayo Ajayi Feyisayo Ajayi
Hlengiwe Spencer
BusinessExecutivesHot NewsLatest

South Africa’s CMH appoints board replacement as Hlengiwe Spencer departs

South Africa’s Combined Motor Holdings appoints MI Pitso to replace Hlengiwe Spencer on its board, effective October 16, 2026.

Feyisayo Ajayi Feyisayo Ajayi
Letshego
BusinessBankingHot NewsLatest

Letshego’s $58 million rights offer aims to cut debt, strengthen balance sheet

Letshego launches a $58 million rights offer, fully underwritten by BPOPF, to cut debt, strengthen its balance sheet and support restructuring.

Feyisayo Ajayi Feyisayo Ajayi
Standard Bank Office
BusinessCompaniesHot News

South Africa’s Standard Bank backs Nigeria-focused OPay with $185 million

Standard Bank is backing Nigeria-focused fintech giant OPay with a $185 million investment as the payments operator prepares for a New York listing.

Omokolade Ajayi Omokolade Ajayi
South African executive Mpumi Madisa
ExclusiveBusinessExecutivesHot News

Mpumi Madisa’s six-year Bidvest turnaround takes profit to $395 million from $11 million loss

Mpumi Madisa’s six-year Bidvest turnaround lifted profit from an $11.3 million loss to $395.4 million, as revenue and international operations grew.

Omokolade Ajayi Omokolade Ajayi
CEO Fani Titi
ExecutivesBusinessHot News

CEO Fani Titi’s Investec stake nears $3 million as executive share awards vest

Investec CEO Fani Titi’s stake rises to 384,704 shares valued at $2.96 million as executive incentive awards vest.

Omokolade Ajayi Omokolade Ajayi
Airtel Money IPO
TechnologyFintechHot NewsLatest

Airtel Money sets October 14 for London listing amid valuation pressure

Airtel Money targets an October 14 London Stock Exchange listing as valuation concerns weigh on its fundraising ambitions and investor demand.

Feyisayo Ajayi Feyisayo Ajayi
Mike Teke, former teacher turned mining executive, leading Seriti Resources in South Africa’s coal and energy industry.
BusinessHot NewsLatestMining

Seriti Resources founder Mike Teke sees South Africa mining coal until 2050

Seriti Resources founder Mike Teke expects South Africa to mine coal until 2050, despite climate concerns and the country's shift toward cleaner energy.

Feyisayo Ajayi Feyisayo Ajayi
OUTsurance CEO, Marthinus Visser
BusinessExecutivesHot News

Outsurance Group CEO Marthinus Visser takes $5 million pay in 2026

OUTsurance CEO Marthinus Visser earned $5.04 million in 2026, up 57.06%, as profit rose 28.41% to R6.18 billion ($374.45 million).

Feyisayo Ajayi Feyisayo Ajayi
Ninety One CEO Hendrik du Toit
BusinessInvestments

Ninety One plans to back infrastructure projects to revive Johannesburg 

Ninety One aims to mobilize private capital to help repair Johannesburg’s infrastructure and restore investor confidence.

Timilehin Adejumobi Timilehin Adejumobi
Orion Minerals
BusinessHot NewsInvestmentsMining

Orion Minerals’ longtime investor Tembo Capital exits after nearly 10 years

Orion Minerals’ longtime investor Tembo Capital has exited after nearly a decade, as new shareholders back its Prieska copper-zinc mine development.

Feyisayo Ajayi Feyisayo Ajayi