In 2014, Wiese sold Pepkor to Steinhoff in exchange for about 20 percent of Steinhoff’s issued shares.
Ishioma Emi
Ishioma Emi
Ishioma Emi is a future-forward female and passionate business news journalist. She writes for Ventures Africa and Billionaires.Africa. Her focus area is African markets, tech startups, mergers and acquisitions, deals, businesses, and exceptional women-led businesses on the continent.
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- Hot News
Patrice Motsepe’s African Rainbow Capital sets aside $24.7 million for aggressive expansion into fintech space
by Ishioma Emiby Ishioma EmiThe investment company has entered negotiations to add a fintech conglomerate to the group.
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Ten female executives playing critical roles in Africa’s financial sector
by Ishioma Emiby Ishioma EmiAfrica’s financial sector has seen massive growth over the past few years compared to previous decades.
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Rights group urges Nigeria to pay businessman Ned Nwoko, others $418 million for debt assistance
by Ishioma Emiby Ishioma EmiThe consultants facilitated refunds to Nigeria from the Paris and London clubs.
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Egypt’s affluent Khamis family earns $75.3 million as shares in Oriental Weavers surge to 41-month high
by Ishioma Emiby Ishioma EmiOriental Weavers is one of the largest carpet manufacturers in the world.
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Narendra Raval’s Devki Group counts on new plant to cut cement prices in Kenya
by Ishioma Emiby Ishioma EmiIncreased productivity will see the company pass on the resultant price benefits to consumers.
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Jack Bowles’ British American Tobacco roped into bribery scandal involving Mugabe
by Ishioma Emiby Ishioma EmiBAT has been accused of paying bribes in Southern Africa and using illegal surveillance to sabotage competitors.
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Patrice Motsepe’s Sanlam plans strategic acquisitions to strengthen its Africa operations
by Ishioma Emiby Ishioma EmiSanlam seeks to acquire Alexander Forbes and an additional 22.8-percent stake worth R2 billion in Saham Assurance Maroc.
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German state-owned bank fined for Angolan loan linked to Isabel dos Santos’ beer company
by Ishioma Emiby Ishioma EmiKfW-Ipex-Bank is an import-export bank and a subsidiary of Kreditanstalt fur Wiederaufbau.
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South African billionaire Quinton van der Burgh launches coffee table book to give back to charity
by Ishioma Emiby Ishioma EmiThe book features John Russo’s photographs of celebrities, including Dwayne “The Rock” Johnson.