Alami Lazraq’s ADI stake surges by $54.4 million
Lazraq, who controls 51.7 percent of ADI, owns 11.4 million shares, making him the largest shareholder in the company.
Hani Berzi’s stake in Egypt’s packaged food company surges above $190 million
Over the past 15 days, Berzi's stake has surged by EGP823.77 million ($16.92 million), increasing the market value of his holdings above $190 million.
John Gachora made $1.4 million as CEO of NCBA Group last year
The total compensation for 2023 exceeded the previous year’s total reward of Ksh147.73 million ($1 million) by 25.75 percent.
Saltzman family gains $18.8 million as Dis-Chem shares climb
South Africa’s Saltzman family controls a 29.3 percent stake, equivalent to 302,066,319 ordinary shares in the Gauteng-based company.
Eaton declares $374-million quarterly dividend amid record earnings
Eaton maintains a quarterly dividend of $0.94 per share following record Q2 earnings, underscoring long-term growth and shareholder commitment.
Stephen Saad’s stake in Africa’s largest pharmaceutical company sinks below $600 million
South African pharmaceutical tycoon Stephen Saad faces setback as Aspen Pharmacare shares decline.
Datatec posts $30.2-million profit in H1 2025
This growth comes despite a 5.45-percent dip in revenue, which fell to $2.61 billion due to ongoing market challenges and currency fluctuations.
Beltone raises $27.3 million in successful securitization issuance
Beltone Leasing and Factoring’s first securitization issuance signals growth and investor confidence in Egypt's non-banking financial sector.
Craig Arnold's Eaton stake surges above $250 million
Eaton CEO Craig Arnold’s Holdings surge above $250 million amid stock rally.
Haldane McCall targets $7.3-million market cap ahead of NGX listing
The listing reflects Haldane McCall’s commitment to expanding investment opportunities within Nigeria’s real estate and hospitality sectors.
Madkour Group secures $24.6-million credit facility from Suez Canal Bank
This funding marks a strategic advancement in the company’s growth plan, underscoring its commitment to expanding operations domestically and internationally.
UBA posts $320.9-million profit in 9M 2024
This growth was bolstered by improved fee income and robust foreign exchange earnings, highlighting UBA's adaptability in volatile markets.
South Africa’s Jonathan Jawno makes $4 million from Transaction Capital stake
Although the recent surge boosted investor confidence, Transaction Capital shares remain down 57.28 percent year-to-date.
Sibanye-Stillwaters halts Australian unit operations in the wake of bushfire
Fortunately, all personnel were accounted for and unharmed as operational teams worked to mitigate the fire's impact on the site and surrounding areas.
South African tycoon Adrian Gore makes $78.7 million from Discovery stake
Gore, one of South Africa’s most successful businessmen, owns 48,342,931 shares of Discovery.
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.