Motsepe tops the ANC poll as South Africa 2027 race heats up
A new poll has placed Patrice Motsepe far ahead of all rivals in South Africa's ANC race, despite his rejection of any political ambition.
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Airtel Africa pushes NGX up 0.85% as its shares rally by 10%
Airtel Africa surged 10 percent to top gainers, lifting the Nigerian Exchange by 0.85 percent as investors rotated into fundamentally strong stocks.
African Wealth Briefing — Sat., March 28, 2026
Remgro's CEO warns of South African fuel shortages, while Dangote's refinery pushes back on IPO rumors.
Optasia founder Bassim Haidar sells $86.4 million in shares to FirstRand, cutting his stake five months after the company's JSE listing
Optasia founder Bassim Haidar has sold R1.48 billion in shares to FirstRand just five months after the fintech group's high-profile JSE listing.
Kenya's High Court orders review of criminal proceedings in the Sh4.5 billion Absa Bank fraud case against cement tycoon Benson Ndeta
Kenya's High Court has ordered a review of criminal proceedings against Benson Ndeta in a Sh4.5 billion Absa Bank fraud case involving forged documents.
Remgro CEO Jannie Durand warns South Africa could face fuel shortages
Remgro CEO Jannie Durand has warned that the Middle East conflict could trigger fuel shortages in South Africa, citing deep concern about supply chain stability.
Abdul Samad Rabiu pushes BUA Cement toward 20Mtpa with new Edo and Sokoto plants
Abdul Samad Rabiu is expanding BUA Cement into Edo and Sokoto as the company's profit surged 381% and capacity targets hit 20 million tonnes.
Moroccan billionaire Othman Benjelloun’s Bank of Africa makes Forbes MENA top 100
Othman Benjelloun's Bank of Africa ranked 88th in the Forbes Middle East 2026 list of the region's 100 most valuable companies.
Aliko Dangote's refinery flags unauthorized IPO reports, tells investors to verify before acting
Dangote Petroleum Refinery warned investors to ignore unverified IPO reports, saying any listing plans would come through official, regulated channels only.
African Wealth Briefing — Fri., March 27, 2026
Dangote confirms plans to double refinery capacity to 1.4 million bpd, Rupert's Richemont slides on China's luxury slump, NCBA posts $180 million profit ahead of Nedbank's $856 million takeover bid, and a Nigerian court forfeits $13 million tied to Aisha Achimugu.
Late Access Bank CEO Herbert Wigwe owned 106 properties in London, a new investigation into offshore real estate ownership reveals
Late Access Bank CEO Herbert Wigwe has been linked to 106 London properties in a sweeping new investigation into offshore ownership in the British capital.
Ghana's opposition petitions rights body over Ibrahim Mahama
Ghana's parliamentary minority is moving to petition a national rights body over Ibrahim Mahama's Damang Mine bid and alleged constitutional breaches.
Court orders final forfeiture of $13m tied to Aisha Achimugu
Federal High Court in Abuja orders final forfeiture of $13 million tied to Aisha Achimugu after EFCC establishes funds as proceeds of fraud.
NCBA, backed by Kenya's richest families, posts $180.3 million profit and lifts dividend 22.5% ahead of Nedbank takeover
NCBA Group posted KSh 23.4 billion ($180.3 million) in full-year profit and raised its dividend by 22.5% to KSh 7.1 per share for 2025.
Aliko Dangote targets 1.4 million barrels per day as refinery expansion reshapes Africa's energy future
Aliko Dangote is pushing his Lagos refinery toward 1.4 million barrels per day, a move that could reshape Africa's energy supply.
South African billionaire Johann Rupert's Richemont stock slides as China luxury slump weighs on Swiss empire
Richemont shares are under pressure as China's luxury spending slump rattles Johann Rupert's Swiss-listed holding company behind Cartier.