38-year-old director Guillaume Dalais loses $1.9 million as CIEL shares plunge from record high
The near-$2-million loss came from a 27-day, double-digit decline in the group’s share price.
South African Mouton family loses $18.85 million in 54 days as PSG Group shares retreat from high
Shares in the holding had risen to an all-time high on June 17.
Jadiah Mwarania-led Kenya Re sees mid-year profits nosedive
Its mid-year profits fell by 66 percent compared to last year.
Ramachandran Ottapathu’s stake in Choppies, Far Property, Afinitas now worth $40.93 million
Ottapathu has played a key role in the growth and development of Botswana’s real estate sector.
Founder of Africa’s largest pharma company Stephen Saad earns $94.68 million in 38 days
Shares in his Aspen Pharmacare Holdings are surging to record highs.
Russian billionaire Igor Rybakov on business, life and transforming education worldwide
A man of many labels, Rybakov is the original renaissance man. And he’s as interesting as they come.
Neal Froneman’s Sibanye-Stillwater says mid-year profit to increase by 168 percent to $1.69 billion
The group expects its mid-year profit to be around $1.69 billion.
Mauritian businessman Pierre-Guy Noel retires as CEO of MCB Group Limited
Noel will exit his position at the end of August after reaching retirement age of 65.
Mike Brown’s Nedbank expects mid-year earnings to more than double
The leading South African bank made the disclosure in a voluntary trading update on the Johannesburg bourse.
Mike Adenuga’s Conoil posts $2.58-million mid-year profit; earnings surge by 213 percent
Its revenue expanded from $139.63 million to $164.27 million.
Sipho Maseko-led Telkom SA posts $745.47-million Q1 revenue as mobile subscribers grow
Compared with the previous year’s figure, the group’s revenue grew by 3.5 percent.
Zimbabwean mogul John Moxon earns $2.47 million as Meikles shares surge to all-time high
Moxon is the company’s single largest individual shareholder, with 27,806,808 issued shares.
Tony Elumelu’s Transcorp suffers $8.9-million loss in four days as shares tumble from high
The loss came off the back of a sell-off in the company’s shares.
Multimillionaire banker Hitesh Anadkat earns $1.3 million as Letshego shares hit high
The gains came off the back of a resurgence in investor interest in the Botswana-based microfinance holding.
Mohammed Mounir led-Banque Populaire prepares to convert dividends into new shares
The group is a leading financial services company in Morocco with overseas offices.
Kenyan investment banker Jimnah Mbaru gains $2.3 million in 94 days as Britam shares surge to 14-month high
The gains came off the back of a double-digit increase in Britam Holding’s shares.