LAGOS, June 9 – Seplat Energy has announced the appointment of Nigerian billionaire investor and business leader Tony Elumelu as its next …
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South Africa’s Tiger Brands Reports Higher Half-Year Earnings Amid Consumer Shift Toward Value Spending
JOHANNESBURG, June 1 – South African food producer Tiger Brands reported a modest increase in earnings for the six months ended March …
JOHANNESBURG, May 20 – China’s Geely plans to introduce its first petrol-powered vehicle in South Africa as the Chinese automaker accelerates efforts …
LONDON, May 11 – Dutch technology investor Prosus is selling a 5% stake in Delivery Hero to Hong Kong-based investment firm Aspex …
JOHANNESBURG, May 11 – South African mobile telecoms operator Vodacom Group reported a 22.9% increase in full-year profit on Monday, supported by …
JOHANNESBURG, April 21 – Business confidence in South Africa declined to a five-month low in March, reflecting mounting pressure from currency weakness, …
JOHANNESBURG, April 9 – Retail billionaire Christo Wiese has, through his investment vehicle Titan Premier Investments, purchased R6.87 million worth of Shoprite …
CAIRO, April 9 – The Dangote Group is targeting at least $40 billion in investment over the next five years to fund …
NAIROBI, April 1 – CityBlue Hotels, a member of Africa’s Diar Group, has announced plans to develop Oceara Residences, a 200-plus unit …
JOHANNESBERG, Apr 1 – Pepkor Holdings Ltd. is preparing to roll out a standalone digital bank in South Africa by 2027, as …