Skip to content
The $132.1-million loss stemmed from writedowns on subsidiary investments totaling $2.27 billion under Froneman, reflecting lower prices for platinum, palladium, and rhodium.
The 303-kilometer Abu Dhabi-Sohar railway link will feature state-of-the-art, desert-proof ETCS Level 2 signaling, telecoms, and power supply systems.
Revenue for the first three months of 2024 climbed to N79.16 billion ($62.6 million), up from N30.78 billion ($23.83 million) in the prior-year period.
In the first quarter of 2024, Dangote Cement’s Nigerian operations shipped a total of 178,000 tonnes of clinker to Cameroon and Ghana.
Frazier’s holdings in Merck took a hit earlier this month, but a recent surge in the company’s share price has recouped those losses.
Acclaimed African-American comedian and entrepreneur Kevin Hart’s ultra-premium tequila brand, Gran Coramino Tequila, has disbursed over $1 million in grant funding to…
The unexpected surge catapults Sawiris nine spots on the Bloomberg Billionaires Index, from 300th to 291st.
Group revenue from cement, clinker, and other products surged 100 percent year-over-year, reaching N817.35 billion ($659.3 million).
Winfrey’s net worth has risen by $200 million, reaching $3 billion, according to Forbes. This marks a significant rise from $2.8 billion on Jan. 1.
Patel’s latest acquisition reflects a significant year-on-year increase in his Absa holdings. In December 2022, he held 47.57 million shares (0.88-percent stake).
The recent $4.23-million gain further strengthens Stuhler’s reputation not only as a high-value JSE investor but also as one of South Africa’s most affluent individuals.
Following a successful delisting, the board intends to seek shareholder authorization to list the company’s shares on the NASD OTC Securities Exchange.
Ranked as Nigeria’s third-richest person and Africa’s sixth by Forbes, Rabiu has recently experienced a notable drop in his wealth figures.
Since the start of the year, Steward’s net worth has skyrocketed by $2.78 billion, averaging an impressive $24.17-million increase per day.
The recent downturn in Oppenheimer’s net worth is attributed to the revaluation of his investments in private equity firms.
This downturn comes on the heels of a period of significant growth for Sefrioui, who experienced a surge of $242.76 million between March 7 and April 8.
