Absa led by South Africa executive Arrie Rautenbach seals deal with French giant Renault
The collaboration introduces Renault Financial Services, a new financing and services platform designed for Renault customers.
The collaboration introduces Renault Financial Services, a new financing and services platform designed for Renault customers.
This comes after a month-long reign of David Steward, majority shareholder and co-founder of World Wide Technology (WWT).
This achievement comes less than a decade after its inception and is bolstered by a significant $110 million secured in its Series C capital raise finalized in January 2024.
This revelation follows Trustco’s divestiture of a 70-percent stake in the Meya Mining diamond mine to Sterling Global Trading last year, retaining a 19.5-percent interest.
Diddy divested his stake in March amid ongoing federal investigations and sexual abuse allegations against him.
The Ackerman family holds a 25.53-percent stake in Pick n Pay, equivalent to 124,677,238 shares.
This new acquisition represents a major milestone for the company. From the outset of its operations one year ago, LIZ Aviation had announced its expansion fleet to four aircraft.
Bravura, owned by pan-African billionaire Benedict Peters, has announced plans to start production at a Zimbabwean lithium project early next year.
The recent announcement follows Rihanna’s recent visit to Shanghai to promote the April launch of Fenty Beauty in mainland China
Femi Otedola now holds a 7.01 percent stake in the financial services group.
Oando’s return to JSE is seen as a positive boost for investor confidence and market position under Wale Tinubu’s leadership.
The former two-time heavyweight champion, who earned $83 million over the past year, is now setting his sights on the football world.
The Khamis family, one of Egypt’s wealthiest, holds a majority stake in Oriental Weavers, a leading carpet manufacturer with a global presence.
This follows a $24.84 million loss between May 10 and 28, when his stake declined from R19.3 billion ($1.05 billion) to R18.84 billion ($1.03 billion).
Mwale, the visionary founder of Mwale Medical and Technology City (MMTC), has inked a deal for smart cities, mining, infrastructure and agriculture.
Dangote, whose net worth stands at $15 billion, highlighted the pivotal role of recent restructuring efforts and strategic leadership appointments within the conglomerate.