Launched in Africa in 2022, Starlink has rapidly expanded its footprint, with Elon Musk emphasizing the company’s commitment to operating wherever legally …
Mfonobong Nsehe
Mfonobong Nsehe
With over a decade of experience creating impactful narratives about Africa, Mfonobong Nsehe is one of the most recognized journalism and communications professionals on the continent. He is the editor-in-chief of Billionaires.Africa. A former Forbes Magazine contributor covering African wealth and entrepreneurship, Mfonobong conceptualized, initiated, and managed for a decade the Forbes annual ranking of Africa’s richest people. He was also the pioneer managing editor of Ventures Africa and built it into one of the continent’s most influential business news companies.
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This follows a $9.63 million loss he recorded between May 7 and 16, when his holding fell from $55.13 million to $45.50 …
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Kenneth Frazier, a top figure among America’s top Black executives, owns a 0.028-percent stake in Merck & Co., equivalent to 705,220 shares.
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This follows a $14 million loss recorded between April 30 and May 14, when his stake dropped from R10.49 billion ($571.56 million) …
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Despite a recent decline in the market value of Mahloele’s Capitec Bank stake, the bank’s share price has delivered strong YTD returns, …
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South African tycoon Stephen Brookes’ property firm secures land for $108 million KZN estate
Stephen Brookes, a South African real estate magnate, remains the company’s largest shareholder, holding a 36.08 percent stake.
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This follows a gain of $32.2 million recorded between April 23 and May 1, when his stake increased from $654.18 million to …
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South African executive Gary Nagle-led Glencore to pay Nigeria $50-million ‘settlement’ penalty
Glencore’s legal troubles are wide-ranging. In May 2022, the company settled investigations in the U.S., U.K., and Brazil for $1.5 billion, with …
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Year-to-date, Sawiris’ wealth has increased by $667 million, driven by the performance of his stakes in Dutch fertilizer giant OCI N.V. and …
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The recent rise in Italtile’s share price strengthens Giovanni Ravazzotti’s position as a major investor on the JSE.