Ghanaian serial investor Daniel Ofori earns $2.50 million as Societe Generale Ghana shares rise
The gain came on the back of a nearly 50-percent rise in the shares of the Ghana-based lender.
Editorial Team
Gideon Muriuki earns $1.10 million in 33 days from two-percent stake in Co-operative Bank of Kenya
The market value of his stake has increased from $14.22 million between June 21 and July 24.
Ken Njoroge’s Cellulant Corporation receives nod to operate in Tanzania
The company will offer the market seamless payments solutions with its globally acclaimed product, Tingg.
Zak Calisto’s Karooooo Limited posts $7.38 million in profits for Q1 2022, as earnings fall
When compared to last year’s figures, the Singapore-based company suffered a 19.2-percent decline in earnings.
Oil and gas tycoon Adewale Tinubu settles legal scores with Nigeria’s SEC
Tinubu’s company, Oando, has agreed to pay all monetary penalties stipulated in an SEC letter in 2019.
South African billionaire Michiel Le Roux loses $173.59 million as Capitec Bank shares fall
Capitec is South Africa’s largest lender by number of customers and a leading global brand.
Neal Froneman’s Sibanye-Stillwater losses $1.43 billion after mine closure announcement
As of press time, its shares were trading 7.17-percent lower than its opening price for the day.
U.S.-sanctioned Zimbabwean billionaire Kudakwashe Tagwirei donates $170 million to state for COVID-19 vaccines
Sakunda Holdings claims the effort will help the state mitigate the effects of COVID-19 in the country.
Mauritian tycoon and investor Arnaud Dalais earns $2.14 million in 14 days from his stake in CIEL Limited
The rise in the market value of his shares occurred on the back of sustained bullish sentiment in the company.
Mauritian mogul Hector Espitalier-Noel to earn $1.24 million in dividends from stake in ENL Limited
ENL Limited is a holding company of ENL Group, a broad-based enterprise managing over 120 brands.
Israeli mining mogul Dan Gertler loses prized oil blocks in Democratic Republic of Congo
The DRC Hydrocarbons Ministry made the announcement.
Nigerian billionaire Abdul Samad Rabiu has given $29 million so far in 2021. Here’s how.
Rabiu is the sixth wealthiest man in Africa and the founder of BUA Group.
Nigeria taxman seeks $4.3 billion from John Ugbe-led MultiChoice, moves to block accounts
However, the media company debunked the allegations that it defaulted on tax payments.
Late Kenyan tycoon Chris Kirubi’s son-in-law appointed to Centum Real Estate board
Andrew Musangi is an experienced lawyer and husband to Mary-Ann Musang, Kirubi’s oldest daughter.
Nigerian billionaire Abdul Samad Rabiu to earn $157.02 million in dividends from BUA Cement
The Nigerian cement tiger has a market capitalization of $5.85 billion on the Nigerian Stock Exchange.
Steve Curtis makes plans to list Caledonia Mining Corporation on Zimbabwe’s new Victoria Falls bourse
The move would see Caledonia reinforce its commitment to Zimbabwe, the home of its Blanket gold mine.