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Dis-Chem, under the leadership of Ivan Saltzman, plans a disruptive entry into South Africa’s life insurance market, challenging Discovery Life with data-driven, cost-efficient offerings.
Jamaican-Canadian billionaire Michael Lee-Chin steps in to fund Reading Heights, a luxury residential project poised to meet Jamaica’s premium housing demand.
Nigerian entrepreneur and philanthropist Theophilus Danjuma drives economic growth and social change through a diverse portfolio of businesses across energy, agriculture, and telecommunications.
The rejected offer aimed to secure a controlling stake in the company, with ArcelorMittal reaffirming its commitment to operational independence amid ongoing ownership discussions.
The IPO could raise up to R8 billion ($451.2 million), potentially the biggest public offering in Africa in 2024.
The total compensation for 2023 exceeded the previous year’s total reward of Ksh147.73 million ($1 million) by 25.75 percent.
The move aligns with President Bola Tinubu’s push to make gas central to Nigeria’s low-carbon economy.
Barry Swartzberg, one of South Africa’s most successful businessmen, holds a 3.92 percent stake in Discovery, amounting to 25,954,540 shares.
Otedola’s $2.25-million donation to Augustine University in Lagos bolsters his legacy in education and philanthropy.
In its appeal, FirstRand argues that motor dealers should not be held to fiduciary standards or be required to provide impartial advice.
TFG is poised to expand its international portfolio with the acquisition of White Stuff, a UK-based fashion and lifestyle brand.
Salisu Buhari's remarkable transformation from the shadows of political scandal to establishing a thriving multimillion-dollar manufacturing empire.
Nigerian energy leader Aisha Achimugu and Oceangate join forces with GPG to develop Grenada’s offshore oil and gas reserves.
South Africa’s Saltzman family controls a 29.3 percent stake, equivalent to 302,066,319 ordinary shares in the Gauteng-based company.
Sasol’s Secunda plant faces critical challenges as coal dependency and high carbon emissions clash with South Africa's climate goals.
Clean energy boost for South Africa’s data centers through innovative SMR technology.