Glencore, led by Gary Nagle, in talks to rescue South African smelters
Glencore, led by Gary Nagle, pursues talks with South Africa’s government to rescue smelters as power costs rise.
Southern Africa
South African billionaire Jannie Mouton's Capitec stake rebounds to $1.2 billion
South African billionaire Jannie Mouton’s Capitec stake rises to $1.2 billion as shares gain on renewed investor confidence.
Zimbabwe’s richest man Strive Masiyiwa plans five new AI factories within a year
Zimbabwe billionaire Strive Masiyiwa to build five AI factories in Africa within a year through Cassava Technologies.
South African arms broker Mcebisi Mlonzi to supply Russian and Chinese weapons to Zimbabwe army
South African entrepreneur Mcebisi Mlonzi, CEO of TFM Defence & Aerospace, is negotiating a major arms deal with Zimbabwe involving Russian/Chinese small arms amid past corruption controversies.
South African pharma tycoon Stephen Saad’s Aspen stake tops $340 million
Aspen Pharmacare shares edge higher, boosting CEO Stephen Saad’s holdings above $340 million despite the stock’s 37% year-to-date decline.
South African media mogul Terrence Moolman bags $6.6 million dividend as Caxton posts strong results
Caxton & CTP CEO Terence Moolman will pocket ZAR 116 million (USD 6.67 million) in dividends after the publisher raised payouts and delivered resilient earnings despite weak consumer spending.
South African businesswoman Ipeleng Mkhari named chair of real estate giant Attacq
South African entrepreneur Ipeleng Mkhari has been named chairperson of Attacq Ltd, the ZAR 11 billion real estate investment trust behind Waterfall City. Her appointment signals fresh leadership and renewed growth ambitions for the property giant.
Dominic Sewela-led Barloworld gets Namibia green light in acquisition push
With this approval, the condition tied to Namibian regulatory clearance has been satisfied.
FirstRand, led by South African banker Mary Vilakazi, posts $2.6 billion profit
FirstRand, led by CEO Mary Vilakazi, posted a $2.6 billion profit in 2025, up 10 percent on gains across retail, commercial and investment banking.
South African tycoon Adrian Gore to pocket $5.3 million in dividends from Discovery
Discovery co-founder Adrian Gore set to receive $5.3 million in dividends as insurer posts strong 2025 results.
South African tycoon Adrian Gore’s Discovery posts $545 million profit in FY 2025
Discovery, led by Adrian Gore, posts $545 million profit in FY 2025, driven by growth in health, life, and Vitality businesses.
Tendai Madziwanyika-led RTG to invest $1.6 million in Harare hotel upgrades
Rainbow Tourism Group plans $1.6 million upgrades at Harare’s Rainbow Towers, including solar power, restaurants, and wellness facilities.
How Thom Mpinganjira built Malawi’s largest bank, became its first billionaire, and conquered the world
In an exclusive chat with Billionaires.Africa, Thom Mpinganjira shares how he rose from humble beginnings to become Malawi’s first billionaire
Kenny Fihla-led Absa, deepens AWS partnership to drive digital transformation across Africa
The move underscores CEO Ralph Mupita’s push for consolidation in a market where Vodacom has already secured approval for a contested fiber deal.
MTN, led by Zimbabwean executive Ralph Mupita, rules out building fiber network
The move underscores CEO Ralph Mupita’s push for consolidation in a market where Vodacom has already secured approval for a contested fiber deal.
South African billionaire Patrice Motsepe’s ARM halts operations at Bokoni mine
The company said Friday the shutdown will allow it to work on a revised mining plan for the Limpopo-based mine, after mounting losses and rising costs.