Stephen Saad’s stake in Africa’s largest pharmaceutical company sinks below $600 million
South African pharmaceutical tycoon Stephen Saad faces setback as Aspen Pharmacare shares decline.
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Patrice Motsepe faces $195-million lawsuit in Tanzania over alleged breach of contract
South African billionaire Patrice Motsepe faces a $195-million lawsuit in Tanzania over allegations of breaching a non-compete agreement, a case that could set a legal precedent for the country's mining sector.
Oando Plc reports profit decline despite revenue surge, citing operational setbacks
Oando Plc reports a 44-percent profit decline despite a 51-percent revenue surge, attributing the drop to operational setbacks, rising costs, and concerns flagged by independent auditors.
MTN Nigeria aims for $30.4-million commercial paper issuance to boost liquidity amid naira devaluation and rising costs
MTN Nigeria plans to raise $30.4 million through commercial paper issuance to strengthen liquidity amid naira devaluation and rising operational costs.
Access Holdings' earnings surge to N3.4tn, driven by interest income and strategic expansion
Access Holdings reports a remarkable N3.4 trillion in earnings for the first nine months of 2024, driven by strong interest income and strategic expansion across its banking and non-banking subsidiaries.