Africa’s largest asset manager invests $494 million in Neal Froneman-led Sibanye
Sibanye receives a significant boost with a nearly $500-million investment from the South African government's wholly-owned asset management firm.
Related
Patrice Motsepe overtakes Koos Bekker as South Africa’s third-richest man
Motsepe edges past Bekker, reaching $3.9 billion to become South Africa’s third-richest, fueled by mining stakes and market gains.
AJ Property, led by Bernadette Mzobe, prepares to open new KwaZulu-Natal mall
AJ Property, led by Bernadette Mzobe, is set to open Kingsburgh Junction mall, boosting retail and jobs in KwaZulu-Natal.
South African multimillionaire Saltzmans gain $20 million in Dis-Chem
South African multimillionaire Saltzman family has gained $20 million as their Dis-Chem stake climbs to $588 million.
Billionaire Jannie Mouton’s Curro takeover raises tax questions for investors in Capitec and PSG share swap
Jannie Mouton’s Curro deal swaps investors into Capitec and PSG shares, triggering fresh questions about tax dates, valuations and record keeping.
Latest
Egyptian tycoon Hani Berzi's Edita expands Africa reach with HoHos, Twinkies and Tiger Tail deals
Edita Food Industries expands its African footprint after acquiring HoHos, Twinkies and Tiger Tail brand rights beyond the Middle East and North Africa.
Nigerian billionaire Abdul Samad Rabiu’s BUA Group adds a 22 MW gas plant
BUA Group signs 22 MW gas power deal to cut diesel use, boost energy supply, and support Nigeria’s energy transition.
Patrice Motsepe overtakes Koos Bekker as South Africa’s third-richest man
Motsepe edges past Bekker, reaching $3.9 billion to become South Africa’s third-richest, fueled by mining stakes and market gains.
Nigerian software engineer Shola Akinlade’s Paystack moves into banking
Paystack, co-founded by Shola Akinlade, acquires Ladder Microfinance to offer SME loans and digital banking in Nigeria.