South African coal tycoon Mike Teke's Seriti loses coal rights appeal to rival
South Africa's mining minister has ruled against Mike Teke's Seriti Power in a fight with a junior miner over two plots at its Khutala mine.
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American country music star Willie Nelson's $200 million THC drinks business faces ban
Willie Nelson's hemp-derived THC drinks brand expects about $200 million in sales this year but could close when a federal ban takes effect in December.
U.S. transgender billionaire Martine Rothblatt sells $5.5 million in United Therapeutics stock
Martine Rothblatt, the founder and chief executive of drugmaker United Therapeutics, sold about $5.5 million of stock as the shares climbed toward a 52-week high.
South African tycoons Mark and Brett Levy to build $21.8 million solar plant
Blu Label, the Johannesburg-listed group run by Mark and Brett Levy, is building a R360 million solar plant to supply power to Ekurhuleni.
American billionaire golfer Tiger Woods set to design $40 million Northern Ireland course
Tiger Woods' TGR Design is set to create a £30 million links course on Northern Ireland's north coast, his first course design project in Ireland.
American billionaire Elon Musk becomes biggest US political donor with $446 million
Elon Musk has spent $446 million of his own money on the 2026 midterms, nearly three times the next-biggest donors, the Uihlein family.
Late South African billionaire Douw Steyn’s former home is now Africa’s leading luxury boutique hotel
The Saxon, the Johannesburg home of late billionaire Douw Steyn where Nelson Mandela wrote his memoir, holds Africa’s top luxury boutique hotel title.
Moroccan tycoon Mohamed Adil Rtabi’s Jet Energy targets $38 million IPO
Moroccan tycoon Mohamed Adil Rtabi is preparing to take Jet Energy public, with the solar business seeking up to $38.2 million to finance expansion across Africa.
South African financier Magda Wierzycka wins vote to give Sygnia executives $37 million in shares for 1 cent each
Sygnia shareholders backed Magda Wierzycka’s plan to give executives 10 million more shares at 1 cent each, despite opposition from her former partner.
Walmart billionaire Rob Walton backs Kenya's $160 million wildlife plan
A Kenyan conservation initiative links philanthropic wealth associated with Walmart heir Rob Walton to a $160 million programme protecting wildlife and supporting local communities.
Taiwanese billionaire Chang Yung-fa’s foundation sues heirs over $3 billion estate
Nearly a decade after shipping billionaire Chang Yung-fa died, his foundation is pursuing his heirs and estate executors over a disputed charitable commitment worth NT$1 billion.
American hedge-fund billionaire Louis Bacon backs fight against $250 million Panama port
Billionaire Louis Bacon's Panama foundation is backing the fight against American developer John McKeown's planned $250 million port beside protected mangroves.
Ackerman family’s supermarket giant Pick n Pay scraps pay cuts for 22,000 workers
Pick n Pay, built by the Ackerman family, dropped a plan to cut pay and benefits for 22,000 store workers and expects a narrower loss.
Moroccan billionaire Moulay Hafid Elalamy's Saham Bank launches family office for the super-rich
Moulay Hafid Elalamy's Saham Bank has launched a private banking and family office unit to help Morocco's richest families manage and pass on their wealth.
Ugandan tycoon Patrick Bitature ends seven-year $17 million fight with South African lender
Ugandan tycoon Patrick Bitature has settled a seven-year, $17 million legal battle with South African lender Vantage Capital, ending 34 cases in two countries.
Indian billionaire Gautam Adani’s Adani Power reports 134% rise in quarterly profit
Adani Power’s Q2 net profit climbed 134% to ₹69.19 billion as stronger electricity demand and one off gains boosted earnings.