Jay-Z’s firm eyes $1-billion merger to expand portfolio
This potential merger with Pendulum underscores Jay-Z’s continued commitment to growing his business empire beyond music.
This potential merger with Pendulum underscores Jay-Z’s continued commitment to growing his business empire beyond music.
JP Morgan’s investment signals confidence in Sibanye-Stillwater’s ability to weather financial challenges and highlights the growth potential of the mining sector.
Equity Group’s share price on the NSE has declined by 5.63 percent, dropping from Ksh44.4 ($0.3377) on Apr. 18 to Ksh41.9 ($0.3187) at the time of this update.
The Merali family holds a majority stake of 65.46 percent in Sasini Plc, valued at approximately $25 million.
This strong performance builds on MTN Uganda’s success in 2023, with total revenue rising 16.75 percent to Ush2.67 trillion ($687.97 million).
This issuance brings the total amount outstanding under the company’s seven-year bond program to R41.01 billion ($2.22 billion).
Equity Life’s rise coincides with Mwangi’s continued regional expansion of Equity Group across East and Central Africa.
Jawno, a founding member of Transaction Capital, holds a 9.59-percent stake in the group, amounting to 72,667,000 ordinary shares.
As a result of the recent share price decline, Ravazzotti, who founded Italtile in 1969 and owns a 33.88-percent stake (447,746,694 shares).
Rand Merchant Bank, a division of FirstRand, assumed the role of debt sponsor, further bolstering confidence in Resilient’s financial endeavors.
Rautenbach, a veteran South African banker with deep financial services expertise, holds a 0.026 percent stake (218,412 shares) in Absa Group.
With the surge in Palantir shares and the recent boost in his net worth, Karp has reinforced his standing among the world’s Black billionaires.
Despite the decrease in his stake in Karooooo, Calisto remains one of Africa’s top tech entrepreneurs.
The acquisition bolsters African Bank’s presence within the small and medium-sized enterprise (SME) segment, a key growth area for the bank.
Despite this setback, Lazraq remains one of the wealthiest investors on the Casablanca bourse and continues to be recognized as a prominent Moroccan businessman.
The Aga Khan Health Services (AKHS) is one of three AKDN agencies with a health focus, alongside the Aga Khan Foundation and the Aga Khan University.