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Johann Rupert's Remgro trades at a R38 billion discount and investors are growing impatient
Johann Rupert's Remgro is trading at a nearly 46% discount to its intrinsic net asset value, a R38 billion gap that investors want closed.
South African billionaire Patrice Motsepe shields African Rainbow Minerals brand in fresh trademark win
Patrice Motsepe has scored another trademark win as South Africa's Companies Tribunal forced a Durban firm to strip the African Rainbow name from its registration.
Patrice Motsepe's ARM hauls Durban-based African Rainbow Star before tribunal over trademark infringement
Patrice Motsepe's African Rainbow Minerals has hauled a Durban-based company before the Companies Tribunal, accusing it of infringing several of its registered trademarks.
Billionaire Yasseen Mansour's Palm Hills is bringing a city-scale luxury project to Egypt's most coveted coastline
Yasseen Mansour's Palm Hills Developments has teamed up with UAE-based Miran Hills Real Estate to launch a city-scale luxury development across 5.65 million square meters on Egypt's North Coast.
Tycoon Gulaam Abdoola's Turnstar flags 22 percent profit dip on weaker Botswana property values
Gulaam Abdoola's Turnstar Holdings has warned of a 22 percent drop in pretax profit to P146.6 million as weaker Botswana property valuations hit the portfolio.
Africa's richest man, Aliko Dangote has added $3.21 billion to his fortune in 2026 and the refinery is just getting started
Aliko Dangote's net worth has climbed to $33.2 billion in 2026, a gain of $3.21 billion year-to-date, driven by his refinery's rising output and Nigeria's shift to net fuel exporter.
Patrice Motsepe's African Rainbow Minerals wins trademark fight against Durban company using similar name
Patrice Motsepe's African Rainbow Minerals has won a Companies Tribunal ruling ordering Durban-based African Rainbow Star to change its name or face forced renaming within 30 days.
Exclusive Briefing: Where Does $17 Billion Go? The Kirsh Repatriation Question and What It Means for Southern African Capital Markets
Nathan Kirsh is about to become the most liquid billionaire Africa has ever produced. The $29.1 billion Sysco deal will generate approximately $17 billion in personal proceeds — and the question every private bank in southern Africa is asking is where it goes.
African Wealth Briefing — Thurs., April 23, 2026
Dangote says every African should own a share in his refinery IPO, Otedola's FirstHoldCo surges 32 percent to lead Nigeria's bank stocks, and Benedict Peters deploys three aircraft to map Madagascar's minerals for free.
Nathan Kirsh spent 70 years building quietly. One deal just made him Africa's second-richest person
A $29.1 billion sale of Jetro Restaurant Depot to Sysco has made Nathan Kirsh, 94, Africa's second-richest person, adding roughly $10 billion to his fortune overnight.
Aliko Dangote is taking his $40 billion refinery public across Africa and wants every African to own a share
Aliko Dangote is preparing a pan-African IPO for his refinery, valued at up to $50 billion, targeting listings across multiple African exchanges as early as June 2026.
Nigerian oil heirs Ameena and Zara Indimi accuse Stanbic IBTC of foul play in $30 million Oriental Energy judgment fight
Twin sisters Ameena and Zara Indimi are accusing Stanbic IBTC of failing to freeze $30 million in Oriental Energy accounts, raising contempt of court allegations against multiple Nigerian banks.
Ghanaian business tycoon Daniel McKorley honored by GaDangme Queen Mothers as McDan Group earns Torchbearer of Hope title
Ghana's GaDangme Queen Mothers have honored Daniel McKorley, Executive Chairman of McDan Group, with the Torchbearer of Hope title in a formal ceremony.
South African billionaire Koos Bekker pays tribute to Steve Pacak, Naspers' finance architect of nearly four decades
Steve Pacak, the former M-Net finance boss who served Naspers and Prosus for nearly four decades, has died at 71 after a battle with cancer.
VistaJet moves to repossess Indian billionaire Anil Ambani's Bombardier jets
VistaJet has invoked international treaty law to recover 2 Bombardier Global 5000 jets from Anil Ambani's Reliance Transport unit, which denies any payment default.