Skip to content
Douw Steyn sold insurance by telephone before anyone else in South Africa, built a business across two continents and lent his Johannesburg home to Nelson Mandela. That home, The Saxon, has just been named Africa's leading luxury boutique hotel. The story of the man who built it.
Femi Otedola is reportedly buying up to 5% of Dangote Cement, about half the shares not held by Aliko Dangote. The stock hit its daily limit on Friday and is up 82% this year, and a London listing may follow. Why the free float matters, and what investors should watch.
Shoprite is in talks with Investec about selling more financial services to its shoppers. Its Money Market account already has over 4 million users. What each side wants, why Shoprite does not want to be a bank, and what it means for Capitec, Pepkor and Christo Wiese.
Patrice Motsepe's African Rainbow Minerals shares have lost about $300 million this year as the miner spends on platinum and fights its partner in court.
Aliko Dangote threatened to walk away from his Kenya Pipeline stake purchase over a gap of 46 Kenyan cents a share, people involved said.
Atedo Peterside started IBTC in 1989 and built it into Stanbic IBTC. His 150 million shares in the Lagos-listed group are now worth $17.8 million.
The trial of Malagasy tycoon Mamy Ravatomanga and 27 others over five Boeing 777s that ended up in Iran resumes in Antananarivo on Tuesday.
Jeweller Joy Alukkas unveiled a 16.5-kilogram pair of gold earrings in Dubai, winning Guinness World Records titles for the heaviest and largest pair ever made.
Georgia and Daniel Contos, who built White Fox from an eBay store into a global fashion label, have bought a A$87 million Sydney warehouse.
Datto founder Austin McChord and his wife, Allison, won a unanimous vote for their $410 million plan to turn a power plant into a park.
Florida optometrist and inventor Herbert Wertheim is handing 74 Nobel laureates the power to decide which charities receive millions of dollars of his fortune.
More than 90 works of American modern art from the private collection of H-E-B chairman Charles Butt go on show at a Houston museum.
Kenya's President William Ruto hit back at critics of Aliko Dangote's Kenya Pipeline stake, which has gained about $45 million as the shares surged.
Elon Musk's promise to give a SpaceX share to every American child could spare him about $2.6 billion in capital gains tax, economists say.
Jio Platforms, the telecom and digital arm of Mukesh Ambani's Reliance Industries, drew more than $77 billion in bids before its Oct. 28 market debut.
Saudi-backed LIV Golf paid Jon Rahm $26 million, Bryson DeChambeau nearly $13.9 million and its executives $15.6 million before filing for bankruptcy, records show.