Simbisa Brands boosts Kenyan workforce with 402 new jobs
Fast-food operator opens 15 new outlets; shifts focus to chicken and pizza
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Jim Ovia’s stake in Zenith Bank tops $130 million
Jim Ovia’s wealth soars, solidifying his position as Nigeria’s richest banker
MTN to boost internet connectivity in remote areas using satellite technology
The move is part of MTN’s broader strategy to enhance its existing network with satellite technology.
LeBron James and Stephen Curry explore WNBA ownership as league popularity soars
NBA stars express interest in WNBA franchises, reflecting the league's rising value and the growing appeal of women's sports.
Orascom Development Egypt posts record sales growth despite economic challenges
Orascom Development Egypt reports a seventy-seven percent surge in real estate sales, reinforcing its resilience and strategic agility.
Palm Hills partners with Saudi firm to boost real estate and education development
Palm Hills Developments joins forces with Dallah Real Estate to create integrated projects, focusing on 15 international schools in Saudi Arabia.
Sanlam completes $66.4 million acquisition of MultiChoice insurance unit
The move, positions Sanlam to leverage MultiChoice’s broad subscriber base and payment systems to expand its financial services offerings across Africa.
Dangote Cement to issue new bond series under $180.5 million program
The move aims to bolster the company’s financial strength and improve operational efficiency.
Nedbank commits $662 million to expand across Africa
South African financial giant, Nedbank, targets fourfold profit growth from African markets by 2029.
James Mwangi’s Equity Group stake nears $50 million
James Mwangi, Kenya's richest banker, solidifies his position with a 12.64% increase in Equity Group shares, boosting his net worth to nearly $50 million.
Amsons gains regulatory approval for Bamburi Cement deal
The COMESA Competition Commission confirms the deal will not harm regional competition or result in market dominance, supporting trade integration.
UBA launches $144.2-million rights issue to boost capital and expansion
United Bank for Africa’s rights issue aims to strengthen regulatory compliance and accelerate its pan-African growth strategy.
Co-op Bank profit rises to $148 million amid expansion drive
Co-op Bank reports 4.4-percent profit growth despite rising costs from expansion and staff investment.
Sanlam’s net inflows surge to $2.2 billion despite two-pot retirement withdrawals
Resilient performance showcases double-digit growth across key metrics and strong global expansion.
United Bank gears up for landmark IPO on Egyptian Exchange
IPO set to boost market activity, attract investments, and reinforce Egypt’s economic reforms.
Capitec partners with Cisco to transform banking for 23 million clients
Capitec Bank collaborates with Cisco to enhance digital infrastructure and improve customer experience.