South African billionaire Christo Wiese says the infamous Stellenbosch Mafia controls nothing
Christo Wiese told a conference that members of the so-called Stellenbosch Mafia may be mafiosi but control nothing in South Africa.
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Inside the multimillion-dollar Priam Group, the Nigerian conglomerate Atiku Abubakar owns
Atiku Abubakar folded a lifetime of companies into Priam Group in 2019, spanning manufacturing, media, banking, education and food processing.
Egyptian billionaire Hisham Talaat Moustafa's TMG books $3.4 billion of sales in a single quarter
Hisham Talaat Moustafa's TMG lifted half-year net profit 23% and booked $3.4 billion of contracted sales in the second quarter alone.
Burkinabè billionaire Mahamadou Bonkoungou won $1.2 billion of Gabon contracts in three years
Mahamadou Bonkoungou's Ebomaf claims more than 700 billion CFA francs of Gabon public contracts, a figure no state body has verified.
South African billionaire Rob Hersov calls the country uninvestable and is investing anyway
Rob Hersov told a conference South Africa is uninvestable because of its illicit economy, while backing three new local ventures.
Nigerian tycoon Wale Tinubu is drilling 62 wells to more than double Oando's output
Oando's Wale Tinubu has identified 62 development wells to lift output to 100,000 barrels of oil equivalent a day from 42,789.
South African billionaire Patrice Motsepe says only an election can remove FIFA's Infantino
CAF president Patrice Motsepe says FIFA's 211 members should decide Gianni Infantino's future at the ballot box, not his critics.
Nassef Sawiris's Aston Villa set to reject Arsenal's £40 million bid for Ezri Konsa
Egyptian billionaire Nassef Sawiris's Aston Villa is set to reject Arsenal's £40 million offer for defender Ezri Konsa, who is reportedly open to the move.
Kenyan politician Musalia Mudavadi is paying $29 million to buy back insurers he sold Barclays
An investment firm linked to Kenya's Prime Cabinet Secretary Musalia Mudavadi is buying Absa's stakes in two insurers for at least $29 million.
South African tycoon Adrian Gore sets out the four principles behind Discovery's rise
Discovery founder Adrian Gore has published a book on leadership endorsed by BlackRock's Larry Fink and Alphabet's Ruth Porat.
Ugandan tycoon Amos Nzeyi is still farming land he sold to the state pension fund in 2008
Uganda's Parliament has summoned Pepsi bottler Amos Nzeyi over 55 acres he sold the state pension fund in 2008 but never handed over.
How Isaiah Stewart turned NBA toughness into a multimillion-dollar fortune
Detroit Pistons big man Isaiah Stewart turned a reputation as one of the NBA's toughest enforcers into a fortune of about $8 million to $10 million.
Lavish $20 million wedding of son of sanctioned Zimbabwe tycoon Kudakwashe Tagwirei lays bare elite state capture
Kudakwashe Tagwirei gifted his son $17.5 million in cash and prime land at a $20 million wedding attended by Zimbabwe's president, exposing the architecture of elite wealth accumulation in one of Africa's most impoverished economies.
Jonathan Isaac turned an injury-hit NBA career and his faith into a sneaker brand
Orlando Magic forward Jonathan Isaac turned an injury-hit NBA career and his Christian faith into UNITUS, a footwear and apparel brand pitched against Nike.
Fidson founder Fidelis Ayebae targets Sub-Saharan Africa's biggest drug factory after record N119 billion revenue
Fidson Healthcare founder Fidelis Ayebae says ongoing expansion will make the company Sub-Saharan Africa's largest pharmaceutical manufacturer after a record N119 billion revenue year.
How Jabari Smith Jr. built a $40 million fortune before turning 25
Houston Rockets forward Jabari Smith Jr. has parlayed a top-three draft slot, a $122 million extension and an Adidas deal into a roughly $40 million fortune.