Shoprite’s rise under its founding CEO Whitey Basson: From 8 stores to retail giant in 37 years

How Whitey Basson transformed Shoprite from eight stores into Africa’s largest retailer through acquisitions, expansion, and a focus on affordability.

Feyisayo Ajayi July 26, 2026

Luxury Hot News

Hilton Lusaka project to cost nearly $100 million as Asmara Holdings backs Zambia expansion

Hilton’s $100 million Lusaka hotel project, backed by Asmara Holdings, signals rising investor confidence in Zambia’s hospitality sector.

Feyisayo Ajayi July 25, 2026

Hot News Billionaires Business

Elon Musk loses $601 billion as SpaceX shares crash 50 percent from post-IPO peak

Elon Musk's fortune drops $601 billion as SpaceX shares crash 50 percent from their peak, triggering $15.5 billion in short-seller gains.

Omokolade Ajayi July 25, 2026

Business Hot News

Heirs Holdings’ portfolio companies earn international recognition across industries

Heirs Holdings companies Transcorp, AEDC, and Redtech rank among Africa's top performers as Tony Elumelu's Africapitalism model scales.

Omokolade Ajayi July 25, 2026

South African billionaire and Dis-Chem pharmacies co-founder Ivan Saltzman

Business Billionaires

South African billionaire Ivan Saltzman exits Dis-Chem board after 48 years

Dis-Chem founder Ivan Saltzman leaves the board after 48 years as South Africa's pharmacy retailer enters a new chapter.

Timilehin Adejumobi July 25, 2026

Tag: Green Motion

Green Motion launches in Mozambique as Africa expansion accelerates

Shoprite’s rise under its founding CEO Whitey Basson: From 8 stores to retail giant in 37 years

Hilton Lusaka project to cost nearly $100 million as Asmara Holdings backs Zambia expansion

Elon Musk loses $601 billion as SpaceX shares crash 50 percent from post-IPO peak

Heirs Holdings’ portfolio companies earn international recognition across industries

South African billionaire Ivan Saltzman exits Dis-Chem board after 48 years

Shoprite’s rise under its founding CEO Whitey Basson: From 8 stores to retail giant in 37 years

Hilton Lusaka project to cost nearly $100 million as Asmara Holdings backs Zambia expansion

Elon Musk loses $601 billion as SpaceX shares crash 50 percent from post-IPO peak

Shoprite’s rise under its founding CEO Whitey Basson: From 8 stores to retail giant in 37 years

Hilton Lusaka project to cost nearly $100 million as Asmara Holdings backs Zambia expansion

Elon Musk loses $601 billion as SpaceX shares crash 50 percent from post-IPO peak

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