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TFG expands footprint with acquisition of UK Fashion brand White Stuff
TFG is poised to expand its international portfolio with the acquisition of White Stuff, a UK-based fashion and lifestyle brand.
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Elon Musk’s Starlink could soon reach South Africa
Starlink, Elon Musk’s satellite internet service, may soon expand to South Africa as the government eases foreign ownership rules.
Insider trading complaint surfaces after South African billionaire Jannie Mouton’s Curro buyout wins approval
South Africa’s regulator reviews suspicious Curro share trades after Jannie Mouton Foundation secured approval for a 7.2 billion rand buyout.
South African tycoon Terrence Moolman’s Caxton stake gains $7.7 million on JSE
Terrence Moolman’s Caxton stake gains $7.7 million as the company’s shares rise on the Johannesburg Stock Exchange.
Standard Bank, led by Sim Tshabalala, backs Safaricom Ethiopia with $138 million funding push
Standard Bank backs Safaricom Ethiopia with a $138 million funding facility to support its network expansion and rising user base.
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Nigeria's richest woman Folorunsho Alakija donates $23 million hospital to university
Folorunsho Alakija donated a N34 billion, 250-bed hospital to UNIOSUN, as Osinbajo urged Nigeria to curb medical tourism and train doctors at home.
Egyptian billionaire El-Sewedy family’s group plans $500 million investment in Saudi Arabia, Qatar
Egypt’s El-Sewedy Electric plans $500 million investment in Saudi Arabia and Qatar to expand factories and power infrastructure.
1,706 employees of Nigerian billionaire Abdul Samad Rabiu now $20.7 million richer
1,706 BUA Group employees receive $20.7 million in cash awards at the annual BUA Night of Excellence Long Service Awards held at Eko Hotel & Suites.
Dangote presses regulators, urges probe of NMDPRA chief over $5 million Swiss tuition
Aliko Dangote criticizes fuel imports, calls for transparency in Nigeria’s refinery sector and urges probe of NMDPRA chief over $5 million Swiss tuition.