Namibian businessman Koos Brandt’s stake in Capricorn Group now worth $81.2 million
Capricorn Group is a Namibia-based investment holding focused on banking, insurance and finance.
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South African senior executive Josua Malherbe earns $1.31 million in 152 days
The earnings come as Remgro Limited’s shares surge by double digits.
Former CEO Richard Brasher earns $2.45 million in compensation from Pick n Pay
Brasher retired in April of this year.
Africa’s richest men see their net worth increase by $2.19 billion in 2021
The rise in their collective and individual wealth marks a recovery from a sharp decline last year.
Aliko Dangote’s cement company to engage investors in new $364.4-million debt facility
The issuance reflects Dangote Cement’s continued interest in engaging fixed-income investors.
Nigerian banker Herbert Wigwe gains $6.5 million as Access Bank shares surge
The bank’s shares have been on the rise, as investors remain optimistic about its financial performance.
Somali multimillionaire businessman Ismail Ahmed seeks funding at $5-billion valuation
WorldRemit is a cross-border digital payments platform that provides money transfer services.
Kenya-based businessman Rohan Patel earns $747,900 as Sanlam Kenya shares rebound
Sanlam Kenya is an insurance, investment and retirement group based in Nairobi.
Zimbabwean senior executive Ralph Mupita earns $2-million compensation from MTN in 2020
Mupita became president and CEO in September 2020.
Patrick Tumbo-led Sanlam Kenya records $2.66-million loss in first half of 2021
COVID-19-induced disruptions its exposed insurance assets and investments to emerging risks.
Businessman Piet Mouton gains $125 million in 32 days as Capitec shares surge to all-time high
Capitec is South Africa’s largest lender by number of customers.
Patrice Motsepe-linked TymeBank launches new subsidiary in Philippines
The move comes after the bank received a digital banking license from the Philippines Central Bank.
Joshua Oigara-led Kenya Commercial Bank Group posts $139.7-million mid-year profits
Earnings surged by more than 100 percent in the first six months of 2021.
Karim Awad-led EFG Hermes posts $48.09-million mid-year profits thanks to robust performance
EFG Hermes Holding is an Egyptian financial services company.
South African CEO Mark Blair takes home $1.26 million, sees bump in earnings from Mr Price Group
Mr Price Group is a listed retail company in South Africa.
Moroccan real estate tycoon Alami Lazraq gains $6.3 million as ADI shares rebound
Alliances Developpement Immobiliere is Morocco’s largest home and hotel builder.