Zimbabwean tycoon Billy Rautenbach's ethanol is blended into the petrol the country sells
Billy Rautenbach ran Congo's state mining company and was sanctioned by the US and EU. He built the plant behind Zimbabwe's fuel blending law.
Southern Africa
Angola presses Switzerland for the $900 million frozen in convicted billionaire Carlos São Vicente's accounts
Angola is again pressing Switzerland to release about $900 million frozen in accounts linked to Carlos Manuel de São Vicente, jailed since 2020.
Elon Musk's Tesla and SpaceX commit $16.8 billion to build Terafab chip factory in Texas
Tesla and SpaceX are committing $16.8 billion to break ground on Terafab, a colossal chip factory outside Houston that could eventually cost $119 billion.
Zimbabwean billionaire Strive Masiyiwa's Liquid Intelligent borrows $50 million from EAAIF
Liquid Intelligent Technologies, part of Strive Masiyiwa's Cassava group, has borrowed $50 million from EAAIF as part of a $450 million refinancing programme.
Pick n Pay CEO Sean Summers leans on Boxer as core supermarkets stay flat
Pick n Pay's group turnover grew 2.7%, carried by Boxer, as CEO Sean Summers' turnaround left the core supermarkets flat and a labor dispute unresolved.
Capitec CEO Graham Lee says 'excitingly low' market share signals massive growth runway ahead
Capitec CEO Graham Lee says the bank's low market share in key segments is not a weakness but a sign of how much room it still has to grow.
Patrice Motsepe stands by Infantino as FIFA president faces crisis over collapsed $4.2 billion deal
Billionaire Patrice Motsepe is standing firm behind FIFA president Gianni Infantino as a $4.2 billion World Cup deal collapse triggers a global leadership crisis.
Billionaire Nicky Oppenheimer sold 40% of De Beers for $5.1 billion. All of it now fetches $1 billion
Nicky Oppenheimer sold the family's 40% stake in De Beers for $5.1 billion in 2011. Anglo is now selling 85% of it for about $1 billion.
Johann Rupert's Remgro is building the market that ends Eskom's 103-year monopoly
Energy Exchange of Southern Africa, created by Johann Rupert's Remgro, is building the trading platform for a fully liberalised South African electricity market.
Zimbabwe's wealthy Levy family is fighting in court over Harare's best-known shopping village
The wealthy Zimbabwean family behind Harare's best-known shopping village is fighting in court over unpaid dividends and a $15 million debt.
How the Giachetti family of Italy built a $439 million property portfolio in Botswana
An Italian family that built Naples railway stations in 1916 now runs Botswana's largest listed property fund, with assets across seven countries.
Zimbabwe's Zed Koudounaris and Michael Fowler turned a Harare chicken shop into a $1.3 billion empire
Zed Koudounaris and Michael Fowler built a Harare chicken shop into four separately listed companies with a combined market value above $1.3 billion.
South African billionaire Robert Gumede targets Illovo months after rescuing rival Tongaat Hulett
Robert Gumede's Vision Sugar has approached Associated British Foods about acquiring Illovo Sugar, months after rescuing its largest southern African rival.
Tycoon John Moxon's Meikles exits Zimbabwe's hotel industry after a public family succession fight
Meikles has agreed to sell its half of the Victoria Falls Hotel partnership to African Sun, eight months after deciding to retain the asset.
Angola seeks Interpol notice for Isabel dos Santos as Cyprus court keeps millions frozen
Cyprus's Supreme Court has refused to lift a freezing order on bank accounts that Angolan authorities allege are linked to Isabel dos Santos.