Sisa Ngebulana’s Rebosis in talks with potential savior investor amid bankruptcy fears
Rebosis, a real estate investment firm owned by South African businessman Sisa Ngebulana, is searching for a savior investor.
Southern Africa
Lesotho frustrates tycoon Sam Matekane’s Sesiu Solidarity Fund initiative to procure COVID-19 vaccines
Government officials in Lesotho are frustrating a private sector initiative to procure COVID-19 vaccines.
Tanzanian billionaire Mohammed Dewji becomes advisor to South African President Ramaphosa
South African President Cyril Ramaphosa has appointed Mo Dewji to his Investment Advisory Council.
Isabel dos Santos cries foul against Angolan government
Isabel dos Santos is taking Angolan President Joao Lourenco to court in London.
Elon Musk nominated as board member at U.S. entertainment giant
Endeavor has nominated Elon Musk to join its board in an IPO filed with the U.S. Security Exchange Commission on March 31.
Patrice Motsepe’s TymeBank signs up 3-millionth customer
Billionaire mining tycoon Patrice Motsepe has shown the diversity of his business savvy with TymeBank.
Adrian Gore’s Discovery Limited ready for next phase of COVID-19 vaccination in South Africa
More than 13 million people need to be vaccinated during the second phase of the vaccination roll-out in South Africa.
Strive Masiyiwa’s free COVID-19 test in Zimbabwe records low turnout
Billionaire Strive Masiyiwa’s efforts to help combat COVID-19 in Zimbabwe’s schools fell short due to poor media coverage.
South African miner partners with Johnson Matthey to develop solutions for low carbon future
A leading South Africa-based miner has partnered with Johnson Matthey to develop solutions to promote a low carbon future.
South African billionaire Patrick Soon-Shiong partners Biovac to produce COVID-19 vaccines
Patrick Soon-Shiong looks to deploy COVID-19 vaccines in South Africa.
Swiss court reverses freeze on Angolan tycoon Carlos Manuel de Sao Vicente’s assets
Carlos Manuel de Sao Vicente has a brief window to enjoy his recently released assets while behind bars.
Elon Musk faces unusual investor lawsuit in March
The investor accuses Musk of violating a 2018 settlement with the SEC.
South African Exxaro Resources mining giant names CEO designate
Exxaro Resources has announced Nombasa Tsengwa as its new CEO-designate.
Technoking, Master of Coin: New titles for Tesla CEO and CFO
Elon Musk has announced new corporate titles for himself and Zach Kirkhorn.
FIFA names Patrice Motsepe president of Confederation of African Football
Patrice Motsepe takes the reins of the CAF after a turbulent decade marked by accusations of corruption.
Fugitive multimillionaire pastor Shepherd Bushiri faces extradition to South Africa
Pastor Shepherd Bushiri could soon be extradited from his home in Malawi.