Masiyiwa’s Econet delisting gets broker backing as ZSE valuation dispute deepens
Broker FBC Securities backs Econet’s undervaluation claim as Strive Masiyiwa’s telecom group plans a delisting and a $0.50 per share exit.
Southern Africa
Inside Patrick Mavros: The African luxury house forged in silver and story
Alexander Mavros explains how a Zimbabwe born atelier turned wildlife and craft into Africa’s most distinctive luxury house.
Mark and Brett Levy's Blu Label reports first half loss after Cell C spin off
Mark Levy Blu Label reported a first half loss after spinning off Cell C, though core operations remained profitable.
Billionaire Patrice Motsepe emerges in ANC succession talk after ARM shift and new polling
Patrice Motsepe’s move at ARM is feeding fresh ANC succession talk, with polling putting the billionaire ahead of party heavyweights.
South African billionaire Mark Shuttleworth to pay $958 to Principe Island residents to protect biodiversity
South African tech billionaire Mark Shuttleworth is launching a cash stipend for thousands on Principe Island to reward environmental protection efforts.
Mark and Brett Levy's Blu Label secures major energy trading licence for BluEnergy
Mark Levy has secured a multi year trading licence for BluEnergy, strengthening Blu Label role in South Africa evolving power market.
eXp Realty hits 1,400 agents, breaks into South Africa’s top 3 agencies
eXp Realty says it has reached 1,400 agents in South Africa, making it the largest non franchised brokerage and the third biggest overall.
South African business titan Phuthuma Nhleko says Africa must rebuild confidence to meet 2050 growth test
Phuthuma Nhleko says Africa’s future hinges on a confident shared identity, warning demographics will outpace growth if mindset and institutions lag.
Zim billionaire Strive Masiyiwa's Cassava backs new global tech alliance
Strive Masiyiwa joins global tech leaders at Munich to launch the Trusted Tech Alliance aimed at strengthening trust, security and digital resilience.
Revego raises R1 billion to expand South Africa renewables
Revego Africa Energy Fund raised R1 billion in new capital to expand South Africa renewables, backing a 150 MW solar plant and five wind projects.
HUB Cyber Security to buy South Africa’s Ferrox, betting $125 million on a critical minerals mine
HUB Cyber Security agreed to buy South Africa’s Ferrox and the Tivani mine project in a $125 million equity deal tied to milestones.
Patrice Motsepe steps back from executive chair role at ARM as JSE rules tighten
ARM founder Patrice Motsepe has given up executive duties and will serve as non executive chair as the miner reshapes leadership.
Billionaire Patrice Motsepe-linked Sanlam acquires majority stake in Medhold
Patrice Motsepe Sanlam Private Equity has taken majority control of Medhold, signaling renewed investment in Southern Africa healthcare sector.
Swiss private bank Pictet opens South Africa office as Africa’s millionaire ranks swell
Swiss private bank Pictet is opening in South Africa after regulatory approval, betting Africa’s wealthy class will drive more cross border investment.
Cell C turns the corner as Blue Label’s Levy brothers steer turnaround
Cell C says its assets now exceed liabilities, a milestone after Blue Label’s Brett and Mark Levy bought in and funded a painful turnaround.
Meya Mining lands $25 million Ecobank facility as Trustco backs ramp up in Sierra Leone diamonds
Meya Mining secured a $25 million Ecobank facility that Trustco says will fund new equipment and speed diamond output in Sierra Leone.