
Nigerian tycoon Akintoye Akindele arrested over alleged fraud
As an entrepreneur, venture capitalist, and lecturer, Akindele has held significant positions in various companies across the world.
As an entrepreneur, venture capitalist, and lecturer, Akindele has held significant positions in various companies across the world.
Despite the recent downturn in Sasini’s share price, the Kenyan Merali family remains one of the wealthiest families in the country.
BUA Foods, which is majority owned by Rabiu, is the unified food business segment of BUA Group.
The facility was funded by the government of Hungary.
Finalized in a private transaction, the deal marks a significant step for Richemont.
Meya Mining, a Trustco subsidiary led by van Rooyen, presently holds an extensive mining license covering 129 square kilometers in Sierra Leone.
The decline in Raya Holding’s shares and the resulting impact on Khalil’s net worth underscores the challenges investors face amid the current economic climate.
BUA Cement’s robust financial performance underscores its ability to weather challenges and solidifies its position as a key player in the Nigerian cement industry.
Ezz holds a majority 60.7-percent stake in Ezz Steel, or 329,816,198 shares.
The late Kirubi, a prominent Kenyan tycoon and serial investor, owned a 31-percent stake in Centum Investments before his passing in 2021 at 80.
Patel, the founder of the Tanzania-based mining company, presently holds a 4.22-percent stake in Shanta Gold, or 44,274,017 ordinary shares.
Al Fayed’s net worth has soared by $100 million, reaching $2.1 billion from $2 billion on April 10.
The recent developments come after Maseko, through his firm Afrifund Investments, made a bold bid to acquire a 35-percent stake in Telkom.
Lynette and Ivan Saltzman, who established Dis-Chem Pharmacies in 1978, presently hold a beneficial 35.15-percent stake in the healthcare giant.
In the recently presented 2022 Sustainability Report, Mwangi, the group CEO, highlighted the organization’s dedication to prioritizing people over profits.
The latest disclosure of unclaimed cash-back rewards underscores Pick ‘n Pay’s commitment to its loyal customers.