Zimbabwean tycoon Billy Rautenbach may bid for the safari camp his rival was forced to leave
ZimParks will tender Chewore Lodge after courts voided Terry Kelly's lease. Billy Rautenbach's Big Five Safaris can bid for it.
Southern Africa
Eswatini billionaire Nathan Kirsh crosses $20 billion, becoming the third African to reach the mark
Eswatini billionaire Nathan Kirsh has crossed $20 billion, becoming the third African past the mark, after selling his Restaurant Depot business to Sysco.
Brett and Mark Levy's Blu Label warns earnings will crater more than 80%, but only on paper
Blu Label, led by tycoons Brett and Mark Levy, expects earnings to fall more than 80% and swing to a loss for the year.
Elon Musk's SpaceX turns Alphabet's $900 million investment into $94 billion, a 100-fold return in 10 years
Alphabet's $900 million bet on SpaceX in 2015 has grown more than 100-fold to $94 billion, making Google's parent the largest single institutional holder of Elon Musk's rocket company.
South African billionaire Christo Wiese says the infamous Stellenbosch Mafia controls nothing
Christo Wiese told a conference that members of the so-called Stellenbosch Mafia may be mafiosi but control nothing in South Africa.
South African billionaire Rob Hersov calls the country uninvestable and is investing anyway
Rob Hersov told a conference South Africa is uninvestable because of its illicit economy, while backing three new local ventures.
South African billionaire Patrice Motsepe says only an election can remove FIFA's Infantino
CAF president Patrice Motsepe says FIFA's 211 members should decide Gianni Infantino's future at the ballot box, not his critics.
South African tycoon Adrian Gore sets out the four principles behind Discovery's rise
Discovery founder Adrian Gore has published a book on leadership endorsed by BlackRock's Larry Fink and Alphabet's Ruth Porat.
Lavish $20 million wedding of son of sanctioned Zimbabwe tycoon Kudakwashe Tagwirei lays bare elite state capture
Kudakwashe Tagwirei gifted his son $17.5 million in cash and prime land at a $20 million wedding attended by Zimbabwe's president, exposing the architecture of elite wealth accumulation in one of Africa's most impoverished economies.
South African tycoon Saki Macozoma to step down as Vodacom chair in 2027
Vodacom named Khumo Shuenyane to succeed Saki Macozoma as chairman in 2027 and appointed former Airtel Africa CEO Segun Ogunsanya to its board.
South African billionaire Christo Wiese blames Pick n Pay's decline on its dividends
Christo Wiese says Pick n Pay's habit of paying out cash rather than reinvesting left it unable to keep pace with Shoprite.
Billionaire Patrice Motsepe triumphs as Tanzanian court strikes off $195 million claim
The High Court of Tanzania removed the claim from its roll over unjoined parties, leaving the underlying allegations against Patrice Motsepe's companies undecided.
South African billionaire Zak Calisto has sold $11.5 million of Karooooo stock in three weeks
Zak Calisto has sold 180,282 Karooooo shares worth about $11.5 million since late July, while keeping a stake valued above $1.1 billion.
Standard Bank CEO Sim Tshabalala warns Temu and Shein could wipe out South Africa's manufacturing sector
Standard Bank CEO Sim Tshabalala has warned that cheap Chinese imports from platforms like Temu and Shein could decimate South Africa's manufacturing sector if Africa fails to act.
South African tycoon Giovanni Ravazzotti's Italtile warns earnings will fall on cheap imports
Italtile expects headline earnings to fall up to 12.4% as cheap imported tiles squeeze margins at Ceramic Industries, its manufacturing arm.
Zimbabwean tycoon Billy Rautenbach's ethanol is blended into the petrol the country sells
Billy Rautenbach ran Congo's state mining company and was sanctioned by the US and EU. He built the plant behind Zimbabwe's fuel blending law.