How Lazarus Zim clawed his way from Fort Hare to the top of South Africa's mining industry
From Fort Hare student to Anglo American CEO, Lazarus Zim built one of South Africa's most consequential black-owned business empires.
Dorcas Adeodun
Dorcas Adeodun is a journalist covering finance, public policy, and economic development. She has more than five years of reporting experience and has worked across business reporting and institutional analysis.
Markus Jooste's Hermanus mansion sells for $6.4m in one of South Africa's biggest coastal property deals
The Voëlklip estate in Hermanus, once tied to disgraced Steinhoff CEO Markus Jooste, has sold for a record $6.4 million
Michael Jordan's net worth hits $4.3 billion in 2026
Forbes' latest rankings confirm Michael Jordan's net worth climbed to $4.3 billion in 2026, making him the richest retired athlete on the planet by a wide margin.
South African billionaire Zak Calisto gets regulatory green light to take joint control of King Price Insurance
South Africa's Competition Commission has backed Zak Calisto's bid to take joint control of King Price Insurance without conditions.
Israeli billionaire Dan Gertler pays $30 million to settle Congo bribery probe
Dan Gertler's former holding company has paid $30 million to settle a Dutch bribery probe over Congo mining deals dating back to 2010.
Patrice Motsepe's African Rainbow Minerals and other mining giants to benefit from the Middle East conflict
Gold is trading above $5,400 an ounce. South Africa's mining billionaires may be the unlikely beneficiaries of a widening Middle East war
Aliko Dangote's fertilizer company sees order surge as Iran conflict shuts key global supply route
Orders are piling up at Dangote Fertiliser as the Iran conflict chokes global supply routes, turning Africa's largest urea plant into a lifeline.
Fidelis Ayebae's Fidson and NREIT listings push NGX weekly turnover to $127.9 million
Two fresh listings by Fidson Healthcare and Chapel Hill Denham's NREIT injected momentum into a Nigerian Exchange market showing early signs of recovery.
South African billionaire, Johann Rupert's Richemont sells Baume & Mercier to Damiani after 37 Years
Richemont is offloading Baume & Mercier to Italy's Damiani Group, a deal that lays bare the growing pressures on mid-tier Swiss watchmaking.
Meet Esther Muchemi, M-Pesa's first agent who became a multimillionaire
When M-Pesa launched on March 6, 2007, Esther Muchemi held agent number 0001. She had no idea what was coming.
Africa's richest man, Dangote is building a 1,100km offshore gas pipeline to power Nigeria's industrial future
Aliko Dangote is quietly building a 1,100km offshore gas pipeline network to move Niger Delta gas to Nigeria's industries and export hubs.
Aliko Dangote's refinery tenders 84,000 tons of jet fuel and diesel as Africa's biggest refinery chases global markets
Dangote refinery has issued tenders to sell 84,000 tons of jet fuel and gasoil in March, marking a new chapter in its export push.
Quavo hit with $2.9 million IRS tax lien covering three years of unpaid taxes
The IRS filed a nearly $3 million federal tax lien against Quavo in January, covering three straight years of alleged unpaid taxes.
Nigerian oil producer Moni Pulo turns 12 as CEO Seinye Lulu proclaims a “Season of Increase”
At its 12th Corporate Praise event, Moni Pulo's CEO declared a new season of growth, gas development and expanded reserves in Nigeria's Niger Delta.
France investigates late Harrods owner Mohamed Al-Fayed and his brother for sex trafficking
French magistrates have opened a sex-trafficking probe into the late Mohamed Al-Fayed and his brother, with victims describing a network chillingly similar to Jeffrey Epstein's.
Billionaire Moulay Elalamy's Saham Group moves to deepen its stake in teleperformance with a $412m equity swap
Saham Group has executed a $412 million equity swap to boost its position in Teleperformance, the global customer services company it helped build.