Moroccan tycoon Lamia Tazi gains $3 million from Sothema stake in 32 days
Tazi, the chairperson of Sothema and one of the wealthiest investors on the Casablanca bourse owns an 8.4-percent stake in the leading healthcare group.
6 companies owned by Zimbabwean businessman John Moxon
From retail and agriculture to hospitality and security, Moxon’s strategic leadership has shaped a conglomerate with a century-long history.
Hitesh Anadkat, one of Malawi’s richest men, gains $9.7 million in 43 days
Anadkat holds an impressive 35.51-percent stake in FMB Capital Holdings.
Kenyan top executive James Ndegwa gains $2.1 million from NCBA stake in 48 days
Ndegwa, the former chairman of the Capital Markets Authority and son of the late Kenyan economist Philip Ndegwa, is a top figure in the Kenyan business scene.
Egypt’s second-richest man Naguib Sawiris rockets toward $6.5-billion net worth
The surge in Sawiris’ net worth has propelled him from $5.1 billion on Jan. 1 to $6.43 billion, adding $1.33 billion to his fortune since the start of the year.
Malian executive Chirfi Guindo earns $13.7-million salary from Merck & Co. in 2022
Uncover the breakdown of his compensation, including a $0.35-million base salary, a $0.53-million short-term incentive, and a substantial $12.39-million long-term incentive.
Black executive Lanesha Minnix earns $5-million salary from Ecolab
Minnix, Ecolab’s EVP, earns $4.95-million compensation package in 2022.
Kenyan tycoon Andrew Ndegwa gains $2.2 million in 40 days
Ndegwa holds a sizable 4.63-percent stake in the leading lender, translating to 76,336,855 ordinary shares.
Black executive Aaron Powell earns $4.7-million salary from Yum! Brands in 2022
Powell received a long-term incentive award amounting to $1.58 million from the Louisville-based leading fast-food restaurant company.
Black executive Denise Singleton earns $5.9-million salary from WestRock in 2022
She also received a long-term incentive of $4.86 million.
Kenyan businessman John Kimani loses $1.43 million from Kakuzi shares
As one of the leading investors on the Nairobi Securities Exchange, Kimani holds a significant 34.54 percent of Kakuzi, or 6,762,133 ordinary shares.
South African tycoon Jannie Mouton gains $31 million in 6 days from Capitec Bank
Mouton is renowned for co-founding Capitec Bank with Michiel Le Roux, and Riaan Stassen.
Fintech tycoon Ashraf Sabry’s Fawry and POS Mission link up to boost Egypt’s hospitality sector
Founded in 2008 by Sabry — its CEO — Fawry has become a leading Egyptian e-bill payment platform.
South African tycoon Gus Attridge gains nearly $8 million in 16 days
Attridge, Aspen’s group chief advisor who ranks as one of JSE’s richest investors, owns a 4.26-percent stake in the pharma group.
Black executive Kenneth Frazier earns $8.5-million salary from Merck & Co.
Breaking down the nuances of Frazier’s 2022 compensation and examining the impact of his transition from CEO to executive chairman.
Moroccan real estate mogul Alami Lazraq gains $10.7 million in 18 days
Lazraq, who founded Alliances Group in 1994, owns a 51.7-percent stake, amounting to 11,410,669 in the group’s publicly traded subsidiary, ADI.