South African tycoon Zak Calisto’s Karooooo abandons second-hand vehicles business
Karooooo, which Calisto controls, owns Carzuka, a leading digital marketplace for used vehicles.
5 businesses owned by Akon
Akon owns a record label, clothing line and a cryptocurrency project among other ventures.
Kenyan investment banker Jimnah Mbaru loses $1 million in 38 days
As a non-executive director on Britam’s board, Mbaru holds a beneficial stake of 5.15 percent, comprising 130,000,000 shares in the company.
Ugandan gov’t moves to bail tycoon Patrick Bitature by acquiring his $66-million thermal power plant
Bitature sought government assistance after being embroiled in a court battle with a South African lender over a loan repayment.
6 businesses owned by Nas
Nas, the Brooklyn, New York City Hip-hop icon owns a Cigar brand, a venture capital firm, a sneaker line and a footwear retail outlet among other ventures.
5 businesses owned by Ice Cube
Ice Cube, the Los Angeles-born Hip-hop icon is a successful businessman in his own right with numerous businesses in his kitty.
Swazi billionaire Natie Kirsh sees net worth dip by $170 million, returning to $7.1 billion
Kirsh Group, the holding company for Kirsh’s investments, also saw its value dip by $100 million, falling from $305 million to $205 million.
4 companies linked to South African businessman Johan Burger
Beyond his leadership contributions at FirstRand, Burger owns a 0.11-percent minority stake in FirstRand.
Mauritian tycoon Arnaud Lagesse’s IBL to finalize drug firm Harley’s deal this month
IBL Group, under the leadership of Lagesse, stands as a leading conglomerate and one of the largest groups in Mauritius.
5 assets owned by Dr. Dre
Dr. Dre is an iconic figure in American rap and music production, known for his pivotal role in founding Aftermath Entertainment and Beats Electronics.
South African billionaire Christo Wiese-linked retailer, Steinhoff, faces liquidation
Wiese’s link with Steinhoff traces back to 2012 when he exchanged the historic Lanzerac wine estate for $11 million worth of Steinhoff shares.
Egypt’s richest man Nassef Sawiris loses $130 million
In addition to his investments in OCI N.V., Sawiris holds a six-percent stake in the renowned sportswear giant, Adidas AG.
4 companies owned by America’s second-richest Black man David Steward
Steward’s story is one of entrepreneurial triumph, resilience, and unwavering dedication to business excellence and community betterment.
5 businesses owned by Mary J. Blige
Blige owns a television production outfit, perfume brand and record label among other ventures.
6 companies owned by Idris Elba
Elba’s business ventures range from wine and music to movies and fashion.
South African tycoon Neal Froneman loses $2.1 million in 19 days
The double-digit slump in the shares of Sibanye-Stillwater has significantly impacted the market value of Froneman’s stake.