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Subscribe nowDis-Chem, led by Ivan Saltzman, eyes disruption of South African life insurance market with new venture
Dis-Chem, under the leadership of Ivan Saltzman, plans a disruptive entry into South Africa’s life insurance market, challenging Discovery Life with data-driven, cost-efficient offerings.
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Samaila Zubairu just raised $2 billion for Africa's infrastructure and half the room was Asian banks
Samaila Zubairu's Africa Finance Corporation has closed a $2 billion syndicated loan, its largest ever, with Asian and European banks each accounting for 35% of participating lenders, reflecting deepening global interest in African infrastructure.
Vincent Bolloré sold his African ports empire for €5.7 billion. African communities are now going after every bank that helped him do it
A coalition of African NGOs is pursuing Morgan Stanley, HSBC, Société Générale and Crédit Mutuel over their roles in Vincent Bolloré's €5.7 billion sale of his African ports empire to MSC, alleging the transaction laundered proceeds of corruption.
Floyd Mayweather earned over $1 billion as a boxer. A $340 million lawsuit and IRS liens are now shadowing that empire
Floyd Mayweather earned more than $1 billion in boxing. In 2026, IRS liens, a $340 million lawsuit and asset sales are raising serious questions about what remains.
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South African banking billionaire Michiel le Roux under fire over political donations
The ANC Youth League has renewed its attack on Capitec founder Michiel le Roux, whose companies have given the Democratic Alliance at least R208 million.
Egyptian billionaire Samih Sawiris lines up daughter to lead family's film festival
Egyptian billionaire Samih Sawiris says the Sawiris family is handing the El Gouna Film Festival to its next generation, starting with his daughter Talia.
Famous Brands, built by South Africa's wealthy Halamandaris family, stumbles in Botswana
Famous Brands, the Steers and Wimpy owner co-founded by the Halamandaris family, expects interim earnings to drop as much as 33% after a Botswana writedown.
CIEL, controlled by Mauritius’s wealthy Dalais family, buys a women’s hospital in Uganda
C-Care, controlled by Mauritius's Dalais family through CIEL, has bought Kampala's Roswell Hospital, lifting its Ugandan network to six hospitals and 17 clinics.