South African banker Alan Pullinger's stake in FirstRand exceeds $30 million
This marks a significant milestone for Pullinger, who holds a 0.13 percent stake, equivalent to 7,079,000 ordinary shares in FirstRand.
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Grid Africa secures $2.8 million to boost solar projects in South Africa
The move aims to boost renewable energy projects in South Africa, as the country grapples with an increasingly strained power sector.
Vunani Fund Managers launches first actively managed ETF on JSE
The AMETF's listing is a testament to Vunani's commitment to innovation and providing investors with valuable investment opportunities.
Dangote becomes world’s 65th richest person as refinery boosts fortune to over $27 billion
His $20-billion refinery project aims to secure the nation's energy independence, though political corruption threatens to undermine his efforts.
Lighthouse acquires mall in Spain for $183.8 million
This acquisition aligns with Lighthouse’s broader goal of expanding its presence in the Iberian Peninsula, where its portfolio now accounts for 76 percent of its directly held properties’ value.
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Energy mogul Simon Baloyi's Sasol faces high-stakes test
CEO Simon Baloyi is exploring liquefied natural gas imports to mitigate gas shortages, but this option comes with higher costs.
Egyptian billionaire Nassef Sawiris gains £810 million as Aston Villa thrives in UEFA Champions League
Egyptian billionaire and Aston Villa co-owner Nassef Sawiris has experienced a remarkable financial surge, seeing his personal wealth increase by £810 million over the past 12 months.
Philanthropist billionaire Abdul Samad Rabiu empowers future leaders with prestigious mentorship awards
Abdul Samad Rabiu, the billionaire founder and chairman of BUA Group, has awarded 40 standout students from Al-Qalam University in Katsina State with the "Abdul Samad Rabiu Achievers Award."
Hotel mogul Henry Akinduro challenges EFCC's 'unlawful' wanted declaration with $3-million lawsuit
Hotel mogul Henry Akinduro sues EFCC for N5 billion ($3 million), challenging an 'unlawful' wanted declaration. He claims fraud allegations stem from a civil business dispute.