Neal Froneman-led Sibanye completes $129 million U.S. metals recycling deal
Sibanye-Stillwater, led by outgoing CEO Neal Froneman, closed its $129 million purchase of U.S. recycler Metallix to boost circular economy push.
Southern Africa
South African billionaire Koos Bekker-led Prosus backs Orbii’s $3.6 million seed round
The round also drew backing from VentureSouq, DASH Ventures, Taz Investments, and Sanabil 500.
Zimbabwean billionaire Strive Masiyiwa’s Liquid C2 seals deal to boost Africa’s cloud adoption
Cloudmania, part of Strive Masiyiwa’s Liquid C2, partners with AvePoint to boost secure cloud adoption and data protection across Africa.
Zimbabwean billionaire Strive Masiyiwa to pocket $7.4 million in Econet interim dividends
Zimbabwe’s Strive Masiyiwa will pocket $7.4 million from Econet’s $15.5 million interim dividend, reflecting the telecom giant’s strong 2025 run.
Kansagra family-backed Kavango Resources plans Zimbabwe listing
Kavango Resources, backed by the Kansagra family, plans a Zimbabwe listing to fund gold projects, drawing support from local pension funds.
Zimbabwean social entrepreneur Tsitsi Masiyiwa aims to raise $50 million for African-led ventures
Tsitsi Masiyiwa’s RemitHope seeks $50 million to channel diaspora remittances into African-led projects spanning health, education, and welfare.
Beyond AI, Strive Masiyiwa targets Zimbabwe’s $1.5 billion remittance flows
TN CyberTech, part of Strive Masiyiwa’s Econet Global, is expanding in key diaspora hubs to capture more of Zimbabwe’s $1.5 billion remittance market.
South African tycoon Mike Teke urges rethink on coal investments after Seriti’s $295 million package
South African tycoon Mike Teke urges financiers to back responsible coal funding, saying the resource remains key to energy security and growth.
Zimbabwean telecom executive Ralph Mupita denies talks on Telkom acquisition
The remarks came a day after reports suggested MTN was reconsidering a takeover bid for Telkom, which owns South Africa’s biggest fiber network.
Shameel Joosub-led Vodacom strikes clean energy deal to ease South Africa grid reliance
The company launched its virtual wheeling solution, enabling companies to source renewable electricity through the grid from independent producers.
South Africa’s Stephen Saad expects $50 million sales from Aspen’s weight loss drug
South African pharma tycoon Stephen Saad says Aspen’s weight loss drug could reach $50 million in sales within two years.
South Africa’s Christo Wiese sees Shoprite stake approach $1 billion
Shoprite stock rally boosts South African billionaire Christo Wiese’s stake close to the $1-billion mark.
Zimbabwean executive Ralph Mupita leads MTN in potential Telkom bid
The Johannesburg-based company has reopened discussions after walking away from a deal two years ago.
South African businessman Senzo Tsabedze’s Afrirent acquires Protea Hotel Mahikeng
Afrirent Holdings, led by Senzo Tsabedze, has acquired Protea Hotel Mahikeng, its first full hotel ownership under Indalo Hotels & Leisure.
Texton, linked to South Africa’s Robert Franco, exits Blackstone REIT with $6.2 million in proceeds
South Africa’s Texton, linked to Robert Franco, completes $6.2 million Blackstone REIT exit to strengthen its balance sheet.
South African billionaire Motsepe pockets $32.5 million ARM dividend
Billionaire Patrice Motsepe will earn R574.8M ($32.5M) in dividends from ARM despite a sharp earnings drop at his mining group.