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Property tycoon Roux Shabangu faces provisional sequestration after losing a court battle with Sars over millions in unpaid taxes, marking the latest setback in a long-standing legal dispute and raising concerns about his financial practices and lavish lifestyle.
Gordon Schachat, a South African businessman, played a pivotal role in founding African Bank Investments Limited and Baobab Solid Growth.
Mike Teke, one of South Africa’s top mining executives, has built and led four major companies — Optimum Coal, Seriti Resources, Seriti Green, and Masimong Group — leaving a lasting impact on the country’s mining and renewable energy sectors.
CEO Simon Baloyi is exploring liquefied natural gas imports to mitigate gas shortages, but this option comes with higher costs.
Egyptian billionaire and Aston Villa co-owner Nassef Sawiris has experienced a remarkable financial surge, seeing his personal wealth increase by £810 million over the past 12 months.
Abdul Samad Rabiu, the billionaire founder and chairman of BUA Group, has awarded 40 standout students from Al-Qalam University in Katsina State with the "Abdul Samad Rabiu Achievers Award."
Hotel mogul Henry Akinduro sues EFCC for N5 billion ($3 million), challenging an 'unlawful' wanted declaration. He claims fraud allegations stem from a civil business dispute.
Tourism tycoon Ayoub Adly Ayoub’s Remco reports a shocking $18 million loss in 2024. Despite revenues skyrocketing, the company’s profits have evaporated
MTN remains South Africa's top mobile network, driven by R10-billion ($567 million) annual infrastructure investments and superior download speeds of 106.22 Mbps.
MTN Nigeria’s $50-million initiative, led by CEO Karl Toriola, is transforming education with cutting-edge science labs, empowering students to build a tech-driven future.
Nigerian billionaires may soon face $6.9 million in annual fees for their foreign-registered private jets, sparking fears that operators could relocate to neighboring countries, cutting off crucial revenue for the government.
Sterling One Foundation CEO Olapeju Ibekwe is empowering young girls with the tools to shape a better future, driving gender equality and innovation through key initiatives across Africa.
The Enthoven family, billionaires behind Nando’s, is backing Tortoise Media's ambitious bid to acquire The Observer, sparking debate over the future of centrist journalism.
Global CEOs, leaders, and artists have united to urge G20 nations to raise $120 billion for Africa's development, aiming to drive economic growth and alleviate poverty across the continent.
Abdelmadjid Kerrar, founder of Biopharm, has played a vital role in Algeria's pharmaceutical sector, promoting local production and ethical business practices.
UBA boosts SME growth with a $6-billion loan facility ahead of the 2024 Lagos International Trade Fair, reinforcing its commitment to empowering African businesses and driving economic growth.
