Zimbabwean billionaire Strive Masiyiwa’s Econet Wireless to delist, spin off towers to VFEX
Econet Wireless will quit Zimbabwe’s main bourse, spin off its towers and list the assets on the VFEX as Strive Masiyiwa seeks fairer value.
Southern Africa
Evan Rice’s Etana Energy signs 20-year wind power purchase from Western Cape wind farms
Etana Energy, led by Evan Rice, signs 20-year deal to buy wind power from Western Cape farms, cutting 600,000 tons of CO₂ annually.
Elon Musk’s Starlink could soon reach South Africa
Starlink, Elon Musk’s satellite internet service, may soon expand to South Africa as the government eases foreign ownership rules.
Insider trading complaint surfaces after South African billionaire Jannie Mouton’s Curro buyout wins approval
South Africa’s regulator reviews suspicious Curro share trades after Jannie Mouton Foundation secured approval for a 7.2 billion rand buyout.
South African tycoon Terrence Moolman’s Caxton stake gains $7.7 million on JSE
Terrence Moolman’s Caxton stake gains $7.7 million as the company’s shares rise on the Johannesburg Stock Exchange.
Standard Bank, led by Sim Tshabalala, backs Safaricom Ethiopia with $138 million funding push
Standard Bank backs Safaricom Ethiopia with a $138 million funding facility to support its network expansion and rising user base.
South African multimillionaire Magda Wierzycka wants pension funds to back startups
Magda Wierzycka says directing a sliver of South Africa’s pension savings into startups could unlock billions for the country’s next generation of entrepreneurs.
Filipino billionaire Enrique Razon seals 25-year port deal in South Africa
Transnet’s 25-year Durban deal with ICTSI marks South Africa’s first big port concession, aimed at unclogging a vital, crisis-plagued trade gateway.
Duncan Wanblad-led Anglo American and Teck shareholders approve $50 billion merger
Anglo American and Teck shareholders approve $50 billion merger, creating world’s fifth-largest copper producer.
South African tycoon Stephen Saad loses $19 million from Aspen stake
Stephen Saad’s Aspen Pharmacare stake loses $19 million as shares fall, highlighting mounting pressure on Africa’s largest drugmaker.
Motsepe's African Rainbow Minerals reports R1.5 billion dividend from Assmang after stronger year
African Rainbow Minerals said it received a R1.5 billion dividend from Assmang, reflecting improved earnings and steadier commodity conditions through 2025.
Sanlam, backed by billionaire Patrice Motsepe, unveils $234 million impact fund
Sanlam unveils a $234.8 million Property Impact Fund focused on social infrastructure, affordable housing and community development.
Namibian businessman Quinton van Rooyen's Trustco halts Riskowitz takeover move
Trustco rejects Riskowitz’s takeover move, calling the bid invalid after nominees refused required vetting.
JSE tech CEOs pocket R1.38bn ($81.5m) in 2025 as Naspers, Karooooo lead payout surge
South Africa’s top JSE tech bosses shared R1.38bn ($81.5m) in 2025 pay as profits rebounded and a few companies drove the index.
Meet South African fintech veteran Leonard Shenker, who just sold his company for $23.5 million
Capitec’s R400m buyout of Walletdoc hands founder Leonard Shenker a rare South African fintech exit and secures the bank a ready-made payments engine.
South African billionaire Michiel Le Roux’s Capitec buys Walletdoc for $23 million
Capitec advances its digital push with a $23.5 million deal to acquire Walletdoc and expand payment services.