As royal family moves to bury Queen Regent, tensions hover over Zulu throne
The Amazulu royal kingdom has announced the official burial date of the late Queen Regent Shiyiwe Mantfombi Dlamini Zulu.
Latest
South Africa’s top insurer increases stake in Morocco’s SAHAM Assurance Maroc
South Africa’s largest insurer is acquiring an additional 22.8-percent stake in Morrocco’s SAHAM Assurance Maroc.
Honeywell Group releases statement on recent First Bank loan controversy
The Central Bank has dissolved the defunct board of First Bank of Nigeria, expelling Honeywell Group founder Obafoluke Otudeko and Ibukun Awosika as chairpersons.
Nigerian authority clears Abdulmunaf Yunusa Sarina’s Azman Air to resume business
The Nigerian Civil Aviation Authority has given the thumbs-up to the airline after a series of incidents.
Ghanian multimillionaire Joseph Siaw Agyepong unveils sanitation fund
The fund will provide grants to public universities for environmental sanitation research in Ghana.
Central Bank of Nigeria dissolves First Bank board, expels Oba Otudeko
The Central Bank of Nigeria has dissolved the board of First Bank, citing insider abuse.
Zulu kingdom loses queen regent barely a month after her appointment
The Zulu Royal Family of South Africa has announced the untimely death of Queen Mantfombi Dlamini Zulu.
Safaricom shares rise to all-time high amid Ethiopia license bid
Investors rallied around the company as news spread that it is close to securing a license in Ethiopia.
Obi Emetarom’s pan-African fintech platform secures Series A funding
Appzone has announced the close of a $10-million round.
Mutumwa Mawere may lose his R2-million luxury apartment in South Africa
A failed loan repayment to Absa Bank has put the Zimbabwean tycoon into a financial bind.
David Muguku dispels rumors of the sale of Waterfront Mall, Karen
The Muguku family has refuted news that it plans to sell Waterfront Mall in Karen.
Nigeria’s First Bank fires CEO without regulatory approval
The Central Bank of Nigeria has queried First Bank over its abrupt removal of CEO Adesola Adeduntan.
Egyptian billionaire Mohamed Mansour appointed to newly created Investment Advisory Board in UK
The board will serve as the UK government’s foreign investment advisory body to Egypt.
Tabitha Karanja tells Kenya Revenue Authority it could earn $92.7 million in annual revenue from Keroche Breweries
Kenyan tycoon and CEO of Keroche Breweries Tabitha Karanja has revealed that a new expansion strategy could see the Kenya Revenue Authority generate over Ksh1 billion ($92.7 million) annually.
Naguib Sawiris steps down as chairman of Orascom Investment Holding
Egyptian billionaire businessman Naguib Sawiris has stepped down from his role as the chairman of Orascom Investment Holding.
Burkinabe tycoon Inoussa Kanazoe aims to contend with Aliko Dangote for Togo’s cement market
Burkinabe tycoon Inoussa Kanazoe is hoping to win over a large share of Togo’s cement market.