Tax tribunal favors John Ugbe-led MultiChoice Nigeria against tax master
Earlier, MultiChoice had filed an appeal over a perceived wrongful tax assessment spanning 10 years.
Hot News
Egyptian businesswoman Hendi El-Sherbini loses nearly $20 million as shares retreat from three-year high
IDH is a leading consumer healthcare group in the Middle East and Africa.
Kenyan liquor tycoon Tabitha Karanja plans to run for Nakuru senatorial seat in 2022
After a month’s consultation with family and friends, she has decided to run for political office.
Stephen Brookes’ Balwin Properties posts $8.1 million in mid-year profit as apartment sales recover in South Africa
The South Africa-based property developer delivered double-digit growth in earnings.
Fintech tycoon Dare Okoudjou’s MFS Africa acquires leading Nigerian fintech startup
The startup, Capricorn Digital, has an impressive footprint across Nigerian households.
Namibian tycoon Koos Brandt to pocket $2.48 million in dividends from Capricorn Group
Capricorn Group is a financial services group with an operational footprint in Botswana and Zambia.
South African billionaire Oppenheimer family sets out to mine Asian economy
Their family office, Oppenheimer Generations, has opened an office in Singapore.
Strive Masiyiwa’s Liquid launches Asian-U.S. global Internet transit route through African coasts
In doing so, it has created a global Internet transit route that avoids high-risk bottlenecks in the Middle East and Europe.
Johann Rupert’s luxury goods producer Richemont in talks to offload loss-making YNAP
In addition to selling YNAP, Rupert is also considering a capital raise of $100 million to bolster its operations.
Mauritian tycoon Arnaud Dalais gains $3.86 million in 20 days as CIEL Limited share price rises
Investors have intensified their buying interest in CIEL shares after it posted a triple-digit growth in profit.
Businessman Hassan Allam bags another irrigation project from Egyptian authorities
This comes a month after Egypt awarded Allam’s company a $220-million infrastructural deal.
Businessman Mohamed Frikha’s Syphax Airlines partners with Tui Russia to transport 50,000 tourists to Tunisia in 2022
Syphax Airline is a privately-held charter airline founded in 2011 by Tunisian businessman Mohamed Frikha.
Nigerian energy magnate Austin Avuru loses $5.9 million in 49 days as Seplat Energy shares take dive
Seplat Energy is a leading Nigerian independent energy company.
Here are 10 of the wealthiest tycoons in Kenya who you most likely don’t know
About 8,300 people in Kenya hold high-net-worth-individual status.
Strive Masiyiwa’s Econet Zimbabwe records increase in carbon emissions as power cut looms
Econet Wireless is an entrepreneurial technology group and the biggest telecom operator in Zimbabwe.
Zimbabwean billionaire Strive Masiyiwa’s Cassava Smartech posts $2.73-million loss in 2021
The tech company leverages digital and financial technologies to build shared economies.