Jaswant Singh Rai, Kenyan billionaire and Rai Group chair

Kenyan billionaire Jaswant Rai expands sugar business with $32 million investment

Jaswant Rai commits $32.3 million to a new Kenyan sugar mill as Rai Group expands its processing capacity and farming network.

Timilehin Adejumobi October 30, 2026

Four Seasons Resort Mauritius at Anahita

Hospitality Business Hot News Lifestyle

Mauritius hotelier Riveo cuts losses as sales surge past $19 million

Mauritius hotelier Riveo cuts losses as sales top $19.52 million, driven by surging post-renovation bookings at its luxury island beachfront resorts.

Omokolade Ajayi October 30, 2026

Business Entrepreneurs Executives Hot News Latest

South African court dismisses claim against Philisiwe Sibiya’s Shingai Group

South African court dismisses a R4.378 million ($263,524) claim against Philisiwe Sibiya’s Shingai Group, allowing the company to defend the case at trial.

Feyisayo Ajayi October 30, 2026

Sun Limited, the Mauritius-based hospitality group

Business Companies Hot News

Mauritius’ Sun Limited posts $5.6 million profit on hotel surge

Sun Limited posts a $5.63 million Q1 profit as higher room yields and debt cuts drive growth across its Mauritius luxury resorts.

Omokolade Ajayi October 30, 2026

Business Companies Hot News

Nestlé Nigeria 9M profit leaps 43% to $76 million on strong food, beverage sales

Nestlé Nigeria posted a 43% jump in 9-month net profit to $76.73 million as revenue topped $724.81 million, fueled by strong food and beverage sales.

Omokolade Ajayi October 30, 2026

Tag: Nestlé Nigeria

Nestlé Nigeria 9M profit leaps 43% to $76 million on strong food, beverage sales

Kenyan billionaire Jaswant Rai expands sugar business with $32 million investment

Mauritius hotelier Riveo cuts losses as sales surge past $19 million

South African court dismisses claim against Philisiwe Sibiya’s Shingai Group

Mauritius’ Sun Limited posts $5.6 million profit on hotel surge

Nestlé Nigeria 9M profit leaps 43% to $76 million on strong food, beverage sales

Kenyan billionaire Jaswant Rai expands sugar business with $32 million investment

Mauritius hotelier Riveo cuts losses as sales surge past $19 million

South African court dismisses claim against Philisiwe Sibiya’s Shingai Group

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