Neal Froneman’s Sibanye-Stillwater says mid-year profit to increase by 168 percent to $1.69 billion
The group expects its mid-year profit to be around $1.69 billion.
Latest
Nigeria approves $2.7 billion for stake in Dangote Refinery
Minister of State for Petroleum Resources Timipre Sylva made the announcement on Aug. 4 in Abuja.
Ghana appoints media mogul Edward Boateng as managing director of state-owned oil refinery
The media mogul served as Ghana’s fifteenth ambassador to China from June 2017 to November 2020.
Mauritian businessman Pierre-Guy Noel retires as CEO of MCB Group Limited
Noel will exit his position at the end of August after reaching retirement age of 65.
Mike Brown’s Nedbank expects mid-year earnings to more than double
The leading South African bank made the disclosure in a voluntary trading update on the Johannesburg bourse.
Mo Dewiji Foundation extends financial support to Tanzania-based child cancer center
Tumaini La Maisha is a collection of three NGOs providing free and curative care for children with cancer.
Mike Adenuga’s Conoil posts $2.58-million mid-year profit; earnings surge by 213 percent
Its revenue expanded from $139.63 million to $164.27 million.
Austin Avuru’s Seplat Energy declares $0.025 interim dividend payout for shareholders
Seplat Energy is a Nigerian oil and gas company dual-listed in London and Nigeria.
Pierre Guy Noel’s MCB Group acquires minority stake in Africa Mobile Networks
MCB Group is Mauritius’ most extensive banking institution.
Sipho Maseko-led Telkom SA posts $745.47-million Q1 revenue as mobile subscribers grow
Compared with the previous year’s figure, the group’s revenue grew by 3.5 percent.
Steve Phiri-led Royal Bafokeng Platinum declares $104.9-million record interim dividend
Cash increased year-on-year by $202.9 million to close on June 30 at $254 million.
Zimbabwean mogul John Moxon earns $2.47 million as Meikles shares surge to all-time high
Moxon is the company’s single largest individual shareholder, with 27,806,808 issued shares.
Tony Elumelu’s Transcorp suffers $8.9-million loss in four days as shares tumble from high
The loss came off the back of a sell-off in the company’s shares.
Kenyan businessman Peter Munga’s Britam deal robs Mauritius of millions of dollars
Munga bought the shares in a secretive deal that left Mauritius with a $35.9-million loss.
Multimillionaire banker Hitesh Anadkat earns $1.3 million as Letshego shares hit high
The gains came off the back of a resurgence in investor interest in the Botswana-based microfinance holding.
Mohammed Mounir led-Banque Populaire prepares to convert dividends into new shares
The group is a leading financial services company in Morocco with overseas offices.