Skip to content
The recent decline in Pick ‘n Pay shares has led to a reduction in the market value of the Ackerman family’s stake by R906.4 million ($47.43 million) over the last 15 days
Mansour highlighted the company’s record-breaking new sales of EGP59.5 billion ($1.92 billion), indicating a growth of 129 percent year-on-year.
This was fueled by a 34-percent uptick in export revenue, comprising 64 percent of the total revenue, along with a 31-percent rise in local sales.
The dividend, which will be paid electronically into his bank account by Mon., April 29, 2024, is a testament to Dangote Cement’s impressive fiscal results.
This significant increase solidifies Sefrioui’s position as one of the wealthiest investors on the Casablanca bourse and one of Morocco’s most prosperous businessmen.
Resilient REIT, led by South African tycoon, seals $185.3-million acquisition of Salera Centro Comercial in Spain.
This initiative represents a significant stride toward contributing to Kenya’s comprehensive growth and prosperity.
“We’re committed to having 95 percent of the facility’s staff as Nigerians; no external hires,” said Peter Dagadu, managing director of Waste Landfills, a Jospong Group subsidiary.
Shareholders can anticipate dividends distributed in two installments of EGP0.109 ($0.00356) each, with pay-out dates scheduled for May 31 and July 31.
Under the leadership of Mupita, MTN Group has cemented its status as Africa’s leading telecom service provider.
According to a recent statement by Airtel Africa, the share buyback program will commence immediately, spanning a duration of up to 12 months.
The Competition Authority of Kenya (CAK) confirmed the clearance on Wednesday, refraining from disclosing the financial details of the transaction.
In light of its impressive financial performance, Seplat Energy’s board of directors has proposed a final dividend of $0.03 per share, along with a special dividend at a rate of $0.03 per share.
Wiese emphasized that the current withdrawal of foreign investors, including those from South Africa, is a temporary phenomenon.
The listing, scheduled for Mar. 4, aims to generate value for investors and signifies a pivotal move in the conglomerate’s commitment to creating value from its business units.
FBN Holdings, led by Nigerian billionaire Femi Otedola, is doubling down on its commitment to supporting local businesses.