South Africa related party transaction Archives

South African court denies bail to businessman Shaun Roos in $95 million Cape contracts case

Cape Town court denies bail to businessman Shaun Roos over $95 million corruption case tied to municipal contracts and bribery allegations.

Feyisayo Ajayi May 4, 2026

Suluhu Hassan, Kagame expand Tanzania-Rwanda ties on trade, energy

Business Technology

East Africa gains as Tanzania, Rwanda deepen economic ties

Trade links between Tanzania and Rwanda are entering a new phase as both countries move to strengthen cooperation in commerce, infrastructure and energy, underscoring a wider push for economic integration across East Africa. The renewed partnership follows talks in Dar es Salaam between Samia Suluhu Hassan and Paul Kagame, where both leaders agreed to broaden cooperation in trade, investment, transport,…

Oluwatosin Alao May 4, 2026

Business Hot News

Mauritius’ Zafiri fund targets $1 billion valuation with IFC’s $120 million off-grid push in Africa

Zafiri targets $1 billion valuation as IFC commits $120 million to expand off-grid energy and clean cooking access across Africa.

Feyisayo Ajayi May 4, 2026

Business Hot News

Standard Chartered to sell East Africa HQ as it scales back presence

Standard Chartered sells its Nairobi headquarters as part of an Africa and Middle East restructuring focused on efficiency and wealth banking.

Timilehin Adejumobi May 4, 2026

Cloud9 buys M-Tickets as East Africa’s fintech entertainment market grows

Business Technology

Cloud9 acquires M-Tickets, targeting Africa’s fast-growing events economy

Cloud9, a fintech startup aimed at providing digital banking, payments and savings for young Africans, has acquired digital ticketing platform M-Tickets. The move signals a further consolidation in a sector that has expanded quickly as Kenya’s growing middle class looks for easier ways to access live entertainment. In cities such as Nairobi, more consumers now buy tickets on mobile phones,…

Oluwatosin Alao May 4, 2026

Acsion approves $1 million hotel contract variation in related-party deal

South African court denies bail to businessman Shaun Roos in $95 million Cape contracts case

East Africa gains as Tanzania, Rwanda deepen economic ties

Mauritius’ Zafiri fund targets $1 billion valuation with IFC’s $120 million off-grid push in Africa

Standard Chartered to sell East Africa HQ as it scales back presence

Cloud9 acquires M-Tickets, targeting Africa’s fast-growing events economy

South African court denies bail to businessman Shaun Roos in $95 million Cape contracts case

East Africa gains as Tanzania, Rwanda deepen economic ties

Mauritius’ Zafiri fund targets $1 billion valuation with IFC’s $120 million off-grid push in Africa

South African court denies bail to businessman Shaun Roos in $95 million Cape contracts case

East Africa gains as Tanzania, Rwanda deepen economic ties

Mauritius’ Zafiri fund targets $1 billion valuation with IFC’s $120 million off-grid push in Africa

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