Africa’s largest asset manager invests $494 million in Neal Froneman-led Sibanye
Sibanye receives a significant boost with a nearly $500-million investment from the South African government's wholly-owned asset management firm.
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JP Morgan acquires additional shares in Bernard Berson-led Bidcorp
JP Morgan, the world’s largest bank by market capitalization, buys additional shares worth $290 million in Bernard Berson-led Bidcorp.
Zimbabwe’s richest man Strive Masiyiwa’s AI factory to cost $720 million
The facility, which is set to launch in South Africa by June 2025, will provide businesses, governments, and researchers with world-class AI computing capabilities.
MTN, led by Ralph Mupita, partners with Synamedia to launch streaming platform
By employing multiple monetization strategies, the platform will be adaptable to the unique demands of different African markets.
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Vikesh Ramsunder: The South African leading Australian pharma giant
South African executive Vikesh Ramsunder leads $20 billion Sigma Healthcare, driving its turnaround following a transformative merger.
JP Morgan acquires additional shares in Bernard Berson-led Bidcorp
JP Morgan, the world’s largest bank by market capitalization, buys additional shares worth $290 million in Bernard Berson-led Bidcorp.
Safwan Thabet's stake in Juhayna drops by $65 million
Juhayna shares have plunged over 18% in six weeks, wiping over $65 million from Egyptian businessman Safwan Thabet’s stake.
Pascal Dozie, founder of defunct Diamond Bank, dies at 86
Dozie founded Diamond Bank in 1990, growing it into a major player before its acquisition by Access Holdings in 2018.