South African pharma tycoon Gus Attridge loses $7 million from Aspen stake
Shares of Aspen Pharmacare plunged 5.44 percent in a week, wiping millions off co-founder Gus Attridge’s stake.
Black executive Marvin Ellison gains $9 million from stock rally
This latest gain builds on a previous $9.2 million increase recorded between April 21 and May 8, during which the value of his holdings rose from $159.15 million to $168.35 million.
Christopher Seabrooke loses more than $4 million on Sabvest shares
Seabrooke, the largest individual shareholder in Sabvest, owns around 16 million shares in the Sandton-based investment holding company.
Ghana gives Elon Musk’s Starlink one-month deadline to comply with regulations
The move aligns with Ghana’s broader push to tighten oversight of big tech and ensure equitable participation in its growing digital economy.
Aliko Dangote's refinery receives 146,000 tonnes of global oil supply
The latest delivery, discharged by the vessel Hercules, comes ahead of another 125,000-tonne shipment expected via the Sienna.
Jim Ovia makes over $4.6 million from Zenith Bank stake
Zenith Bank shares climb, lifting market cap above $1 billion, as investor sentiment strengthens.
Adrian Gore makes move in renewable energy for African SMEs
This marks the first time wheeled electricity, energy generated from remote wind and solar farms and delivered via the grid, has been made accessible to businesses of all sizes.
Johann Rupert’s Richemont sees sales reach $24 billion
This was driven by a steady demand for high-end jewelry and solid growth in key markets such as the U.S., Europe, Japan, and the Middle East.
Egyptian tycoon Sadek El-Sewedy sees $55 million gain from company shares
Elsewedy Electric stock gains boost chairman's net worth amid infrastructure boom and energy transition in MENA region.
Investec, led by Fani Titi, seeks electricity trading license
If approved, the lender will purchase power from the Illikwa Solar PV Facility in the Free State and transmit it to its corporate headquarters in Sandton via Eskom’s infrastructure.
Lebanese-Nigerian tycoon Hassan Hammoud plans $50 million investment in Ogun
This development marks a significant milestone in Nigeria’s push to expand its manufacturing capabilities and create jobs.
Ackerman family sees $13.95 million decline in Pick n Pay stake
The recent dip is a reflection of the growing pressure facing one of South Africa’s most recognizable retail names.
Oando, led by Wale Tinubu, wraps up pipeline repairs after spills
To prevent further incidents, Oando has initiated the sectional replacement of aging pipelines.
Discovery co-founder Adrian Gore sees $60 million rebound in stake
The surge follows a strong rally in Discovery’s share price on the Johannesburg Stock Exchange (JSE).
Strive Masiyiwa’s Cassava strikes deal to support AI growth in Africa
The partnership marks a strategic move by Cassava to deepen its commitment to digital transformation in Africa through scalable AI solutions.
South African tech mogul Jens Montanana gains $28 million from Datatec stake
This $28.1 million gain demonstrates the rising institutional interest in JSE-listed technology companies with a global presence.