The 10 most distinguished African women on the international arena
For centuries, people of color — primarily Black Africans — have been marginalized on the world stage.
Southern Africa
South African billionaire Nicky Oppenheimer’s net worth increases by $750 million in 2021
This translates to an average gain of $2.9 million per day for the billionaire since Jan. 1.
U.S. retail tycoon Rob Walton commits $100 million to Johannesburg’s African Parks
Rob is the first son of Helen and Sam Walton, founders of Walmart Inc., America’s largest retailer.
Zimbabwean businessman Kudakwashe Tagwirei lavishes wealth on local football clubs
Tagwirei has donated millions of dollars to the Dynamos Harare and Highlanders football clubs.
Nine yachts Africa’s wealthiest people have owned
If you had all the money in the world, what type of yacht would you buy?
Timothy Nuy’s Finclusion secures $20 million in funding for expansion in Sub-Saharan Africa
Finclusion is a Mauritius-based startup that seeks to drive financial inclusion in Africa.
Christo Wiese-linked retailer Steinhoff plans to settle with claimants in Pepkor-related transaction
In 2014, Wiese sold Pepkor to Steinhoff in exchange for about 20 percent of Steinhoff’s issued shares.
Africa’s richest billionaire Aliko Dangote loses $200 million as share price of three of his businesses declines
Between Aug. 24 and Sept. 15, Dangote’s net worth declined from $18.2 billion to $18 billion.
Patrice Motsepe’s African Rainbow Capital sets aside $24.7 million for aggressive expansion into fintech space
The investment company has entered negotiations to add a fintech conglomerate to the group.
Former CEO Sarel van Zyl receives salary package of $333,000 in 2021 from FirstRand Namibia
Compared to the previous year’s pay of $623,147, Awori’s remuneration in 2021 fell by nearly 47 percent.
Malawian mogul Hitesh Anadkat earns $1.34 million in 15 days as TNM results trigger surge in stock price
The gain can be attributed to swift investor reactions after the telecom company’s half-year earnings were published.
Ten female executives playing critical roles in Africa’s financial sector
Africa’s financial sector has seen massive growth over the past few years compared to previous decades.
Jack Bowles’ British American Tobacco roped into bribery scandal involving Mugabe
BAT has been accused of paying bribes in Southern Africa and using illegal surveillance to sabotage competitors.
Pieter Engelbrecht-led Shoprite plans to integrate Walmart subsidiary into operations
Africa’s largest retailer has unveiled plans to integrate the subsidiaries of Walmart-owned Massmart into its operations.
Patrice Motsepe’s phosphate maker to launch operations after activist appeal dismissed
The appeal was raised by the West Coast Environmental Protection Association.
Malawian tycoon Thomson Mpinganjira convicted in 2019 presidential election bribery case
The multimillionaire had pleaded not guilty to six bribery-related charges.