Elon Musk says his lifetime tax bill could top $500 billion as wealth surges
Elon Musk says he may pay more than $500 billion in taxes over his lifetime, reviving debate over billionaire wealth and taxation.
Otobong Tommy
Reporter
Otobong Tommy is a business writer and researcher with a background in public administration. She has worked with media and policy-adjacent institutions including Ventures Africa and NAEC, contributing to research and business reporting.
Billionaire Koos Bekker’s The Newt is reshaping life near Castle Cary in rural Somerset
Koos Bekker’s Somerset estate, The Newt, has turned nearby Castle Cary into a higher profile stop for tourism, rail travel and rural investment.
Inside Patrick Mavros: The African luxury house forged in silver and story
Alexander Mavros explains how a Zimbabwe born atelier turned wildlife and craft into Africa’s most distinctive luxury house.
Kenyan businessman SK Macharia back in court as judge demands clarity on who owns insurer Directline
S K Macharia appeared in court as the Directline shareholding dispute intensified, with a judge urging regulators to clarify ownership.
Mark and Brett Levy's Blu Label reports first half loss after Cell C spin off
Mark Levy Blu Label reported a first half loss after spinning off Cell C, though core operations remained profitable.
Mark and Brett Levy's Blu Label secures major energy trading licence for BluEnergy
Mark Levy has secured a multi year trading licence for BluEnergy, strengthening Blu Label role in South Africa evolving power market.
Aliko Dangote predicts naira could strengthen to N1,100 this year
Aliko Dangote says the naira may strengthen to N1,100 per dollar this year as reforms and reduced imports reshape Nigeria economy.
Narendra Raval's Devki Steel seeks $12 million VAT settlement with KRA
Narendra Raval Devki Steel has opened negotiations with Kenya Revenue Authority in a Sh1.6 billion VAT dispute over factory equipment imports
Aliko Dangote's refinery now supplies 62 percent of Nigeria's petrol demand
Aliko Dangote refinery supplied 62 percent of Nigeria petrol demand in January 2026, overtaking imports in a major energy milestone.
Billionaire Patrice Motsepe-linked Sanlam acquires majority stake in Medhold
Patrice Motsepe Sanlam Private Equity has taken majority control of Medhold, signaling renewed investment in Southern Africa healthcare sector.
SIFAX Chairman Taiwo Afolabi drives ports and cargo turnaround after strategic reset
SIFAX Chairman Taiwo Afolabi has steered Ports and Cargo back to growth after restructuring stevedoring operations and refocusing on general cargo.
Sam Darwish's IHS Towers exits Brazil Fibre market in $452 million Deal
IHS Towers CEO Sam Darwish has signed a deal to exit Brazil fibre market, selling a majority stake in I Systems for $452.6 million.
Billionaire Femi Otedola applauds Dangote as refinery hits full capacity
Femi Otedola has praised Aliko Dangote after the refinery reached 650,000 barrels per day, calling the milestone transformational for Nigeria economy.
Rainoil Founder Gabriel Ogbechie Pushes Pipeline Revival and Fair Fuel Pricing Reform
Rainoil founder Gabriel Ogbechie has urged Nigeria to revive its pipeline network and adopt fair pricing to drive sustainable growth in the energy sector.
Abdul Samad Rabiu Urges Africa to Shift From Extraction to Industrial Processing
BUA founder Abdul Samad Rabiu has called on African governments and financiers to move from raw exports to large scale industrial processing.
Discovery Founder Adrian Gore Moves to Buy Landmark Sandton Headquarters
Discovery founder Adrian Gore has backed the R4.05 billion purchase of the group Sandton headquarters, citing long term savings and balance sheet strength.