South African CEO Mark Blair takes home $1.26 million, sees bump in earnings from Mr Price Group
Mr Price Group is a listed retail company in South Africa.
Moroccan real estate tycoon Alami Lazraq gains $6.3 million as ADI shares rebound
Alliances Developpement Immobiliere is Morocco’s largest home and hotel builder.
Strive Masiyiwa’s Econet Wireless records 77-percent increase in data volumes in Q1 2021
The publicly traded company made the disclosure in a trading update for the quarter, ending May 31.
Khaled Mahmoud-led MTI declares financial results for period ending June 30
MTI is an Egyptian company that operates in the consumer electronics distribution and retail segment.
South African multimillionaire Johan Burger earns $5.33 million as FirstRand shares soar
Shares in Africa’s largest bank by market capitalization have been on the rise since the start of the year.
Nigeria’s third-richest man Abdul Samad Rabiu loses $751.22 million in 108 days
BUA Cement is the second-largest producer of cement products in Nigeria after Dangote Cement.
South African tycoon Koos Bekker loses $86.58 million in six days as investors sell off Naspers shares
Naspers is a global Internet group and one of the largest technology investors in the world.
Fleetwood Grobler-led Sasol posts $715.41 million in profit as chemicals and crude oil prices surge
The result displays the group’s ability to bounce back from losses suffered during the previous financial year.
Obafoluke Otudeko gains $11.84 million as Honeywell shares surge by 81 percent to three-year high
Otudeko owns a majority stake in Honeywell Flour Mills Plc.
Mauritian Ah Chuen family earns $3.86 million from ABC Banking Corp in 149 days
The gains came off the back of a double-digit rise in the bank’s share price on the Mauritian bourse.
Patrick Mweheire-led Stanbic Holdings Kenya posts $32.10-million mid-year profit
The financial services sector is revving up for recovery to pre-pandemic levels.
South Africa’s second-richest man Nicky Oppenheimer loses $200 million in 41 days
This translates to an average loss of $4.88 million per day for the billionaire since July 2.
Meet Haruna Sentongo, Uganda’s 34-year-old slumlord millionaire
Sentogo’s Haruna Enterprises U owns malls, apartment complexes and office buildings across Kampala.
John Coumanataros to earn $10.43 million in dividends as Flour Mills of Nigeria announces dividend payout
The food and agro-allied group revealed that it will pay a final dividend of $0.0040 per share.
Kenyan banker James Mwangi earns $13.1 million as Equity Group shares return to pre-pandemic levels
Equity Group Holdings Limited is a leading financial services holding headquartered in Nairobi.
Meet Dr. Michael K. Obeng, the Ghanaian plastic surgeon to Hollywood, royalty and supermodels
Ghanaian-born, Harvard-trained Dr. Michael K. Obeng is one of the most sought-after cosmetic experts in the United States.