Tag: South Africa

FirstRand
BusinessHot News

FirstRand tops Capitec to become Africa’s most valuable bank

With a market cap of $22.9 billion, FirstRand overtakes Capitec as Africa’s most valuable bank, driven by strong earnings and disciplined management.

Omokolade Ajayi Omokolade Ajayi
Royal Malewane
Hot NewsLuxuryTourism

Royal Malewane: South Africa’s most exclusive safari lodge

Royal Malewane in South Africa redefines luxury safaris with elite guides, lavish suites, gourmet dining, and bespoke wildlife experiences in Thornybush Reserve.

Feyisayo Ajayi Feyisayo Ajayi
Africa’s $10 billion giants reshape global investment
BusinessHot News

Top 15 most valuable companies in Africa

South African giants dominate a fresh list of Africa’s top firms by market value, led by tech investor Naspers and banking powerhouses like FirstRand.

Feyisayo Ajayi Feyisayo Ajayi
Bakenveld city
LuxuryHot News

South Africa breaks ground on $1 billion Smart city project

At a Glance: South Africa has officially broken ground on Bankenveld District City, a nearly $1 billion smart city development poised to transform the urban fabric of northern Johannesburg.  Estimated at R18 billion ($997 million), the project is led by the leading property-related investment company Calgro M3 and Momentum’s Eris Property Fund, combining affordable housing with next-generation infrastructure and commercial…

Timilehin Adejumobi Timilehin Adejumobi
TourismHot News

Africa’s tourism soars as Morocco, South Africa lead surge

Africa's tourism is booming with Morocco and South Africa leading the charge, driven by major investments, sporting events, and global brand expansion.

Timilehin Adejumobi Timilehin Adejumobi
Africa’s $10 billion club
BusinessHot News

Nine South African firms dominate Africa’s 2025 leaderboard

South African firms dominate Africa’s 2025 most valuable companies list, with nine of the top 10 firms listed on the Johannesburg Stock Exchange.

Feyisayo Ajayi Feyisayo Ajayi
Stephen Saad
Hot NewsBusiness

Billionaire Stephen Saad buys $10.2 million in shares amid Aspen woes

Stephen Saad buys $10.15 million in Aspen shares, signaling confidence as Africa’s top drugmaker battles losses, scrutiny and a steep stock plunge

Feyisayo Ajayi Feyisayo Ajayi
African billionaires strategy
Hot NewsExclusive

South Africa’s billionaires face rising pressure as inequality debate deepens

As South Africa weighs wealth taxes, billionaires face pressure to reinvest locally or explore offshore options amid deepening inequality and rising discontent.

Feyisayo Ajayi Feyisayo Ajayi
SportsHot News

Top 5 African nations investing in sports infrastructure

Top African nations are investing in sports infrastructure to attract global events, boost tourism, and create jobs for youth across the continent.

Timilehin Adejumobi Timilehin Adejumobi
Sam Sithole
BusinessHot News

Sam Sithole: Sun International, Value Capital’s quiet strategist

Sam Sithole’s quiet leadership and sharp financial instincts have reshaped Sun International and Value Capital into pillars of South Africa’s corporate revival

Feyisayo Ajayi Feyisayo Ajayi
MTN
Hot NewsBusinessTechnology

South Africa becomes MTN’s biggest market as Nigeria revenue, earnings decline

The shift highlights the economic and regulatory pressures hampering telecom operations in Africa’s most populous country.

Omokolade Ajayi Omokolade Ajayi
Allan Gray City Lodge Hotels stake
Hot NewsBusiness

Allan Gray raises stake in African Rainbow Minerals to $96.2 million

Allan Gray lifts its stake in African Rainbow Minerals to $96.2 million, signaling confidence in the miner despite falling earnings and weak commodity prices.

Feyisayo Ajayi Feyisayo Ajayi