Aspen’s 20-percent stock decline costs South African tycoon Stephen Saad nearly $160 million
Saad's wealth drops by nearly $160 million after Aspen Pharmacare's shares tumble 20.17 percent over the past 25 days on the JSE.

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Trevor Noah backs Stitch's latest $55 million funding round
Noah’s involvement as an angel investor is a testament to the growing overlap between Africa’s creative talent and the global tech investment scene.

Michiel le Roux gains nearly $300 million from Capitec stake
This follows a recent rally in the share price of the retail banking giant on the Johannesburg Stock Exchange (JSE).

Aliko Dangote scales up $10 million food relief effort in Nigeria
The program is aimed at helping low-income families cope with the harsh economic climate and rising cost of living.

JP Morgan takes new shares worth $288 million in Bernard Berson-led Bidcorp
It reflects the bank’s growing confidence in the Johannesburg-based food service group, which is led by Bernard Berson.