South African businessman Barry Swartzberg’s Discovery stake rebounds by $20 million
The surge cements Swartzberg’s position as one of South Africa’s richest investors and a key player on the JSE.
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Woolworths CEO Roy Bagattini seals in2food deal to control its premium meals supply chain
Woolworths is buying 100% of in2food Holdings from its founders and Old Mutual Private Equity in a cash deal expected to lift earnings immediately.
Kenyan banking mogul James Mwangi's Equity Bank Rwanda loses $3.2 million in fraud as 35 suspects arrested
Equity Bank Rwanda lost about $3.2 million in a fraud scheme that exploited its mobile money float system, with 35 people arrested.
Tony Elumelu's Transcorp hits record $399 million revenue, profit up 44-percent
Tony Elumelu's Transcorp Group has delivered the most commanding financial performance in its history, posting $399 million in revenue for full year 2025 and a 44% surge in profit after tax, as the conglomerate signals aggressive expansion across power and hospitality heading into 2026
Sanctioned Zimbabwean tycoon Kudakwashe Tagwirei paid $1.8 million for President Mnangagwa's old Aston Martin at a charity auction
Sanctioned tycoon Kudakwashe Tagwirei paid $1.8 million for President Mnangagwa's old car at a Harare auction, then donated it back.