Egypt's wealthy Khamis family adds $17 million from Oriental Weavers shares in 6 days
The Khamis family, one of Egypt’s wealthiest, holds a majority stake in Oriental Weavers, a leading carpet manufacturer with a global presence.
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Ackerman family gives up majority control of Pick n Pay as Allan Gray’s stake grows
Pick n Pay’s founding family falls below 50% control as Allan Gray ups its stake, sharpening focus on the retailer’s troubled turnaround.
Prudential’s exit plan tests Patrice Motsepe’s grip on Alexforbes
Prudential’s possible Alexforbes exit hands Patrice Motsepe a pivotal moment: tighten African Rainbow Capital’s control or share power with a new global investor.
Inside Black Coffee’s empire: 15 businesses and investments owned by the South African DJ
From Soweto venues to Silicon Valley–backed startups and Cape Town’s most expensive house, Black Coffee has turned DJ fees into a serious investment empire.
Flex raises $60 million Series B to build AI “private bank” for high net worth business owners
Flex raises fresh funding to scale its AI-native private bank, targeting high net worth middle-market owners juggling complex business and personal finances.