Tag: Karooooo

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South African tech tycoon Zak Calisto’s stake in Karooooo slumps by $106 million

Calisto founded Karooooo, a global mobility software as a service (SaaS) platform, in 2001.

South African mogul Zak Calisto loses $360 million from Karooooo stake in 2022

Despite the recent drop in his wealth, Calisto remains one of South Africa's wealthiest businessmen.

Zak Calisto’s Karooooo posts $15.71 million in profit in H1 2022, 12-percent lower than previous year’s figures

Karooooo is an SaaS platform that provides real-time data analytics solutions for smart transportation.


Kenyan tycoon John Kimani gains $3.7 million in 45 days

Kimani, known for his diverse investment portfolio, owns a 34.54-percent stake, equivalent to 6,762,133 shares, in Kakuzi. 

Hip-hop’s first billionaire Jay-Z scores legal win, pocketing $7.2 million

The legal saga began in 2016 when Parlux, renowned for its ties with pop culture icons and fashion houses, filed a lawsuit against Jay-Z.

World’s richest Black woman Oprah Winfrey settles trademark lawsuit over ‘Oprahdemics’ podcast

Despite losing more than $100 million in 2022, the “Queen of Talk” remains the World’s richest Black woman.

Burkinabe tycoon Idrissa Nassa’s Coris Bank acquires Societe Generale’s assets in Mauritania, Chad

The latest move places Nassa-led bank as a key player among the new generation of emerging lenders.