Why Zimbabwe’s retail giants are on the verge of collapse
Zimbabwe’s retail giants retailers are on the brink of collapse due to a government-imposed exchange rate policy that has...
Insights, trends and profiles of African businesses.
Sasol picks Muriel Dube as chair, ushers in board changes
Global chemicals and energy company Sasol Ltd has appointed Muriel Dube as the new Chair of the Board, effective...
Nigeria freezes funds linked to crypto platforms
The court order, dated September 3, 2024, accuses ByBit and KuCoin of engaging in "market manipulation and price distortions"...
Rolls-Royce partners with Karimjee Group to provide power solutions in Tanzania
Rolls-Royce, leading British aerospace manufacturer, has announced a strategic partnership with Karimjee Group, an East African conglomerate with interests...
SPE Capital buys OMOA Group from Adenia Partners
Adenia Partners, a Mauritius-based private equity firm, has divested its entire stake in OMOA Group, selling it to SPE...
Ralph Mupita: From astronaut dreams to leading Africa’s largest telecom
Ralph Mupita, the CEO and President of MTN Group, has been in the spotlight after allegations of misconduct and...
End of the road for Sekunjalo Group as court backs Nedbank
South Africa’s Constitutional Court has unanimously dismissed an appeal by Sekunjalo Group, a private holding company founded by billionaire...
From breakout to breakthrough: A Kenyan lady skincare business story
Imagine dealing with persistent acne that no product seems to solve, only to turn that struggle into a thriving...
Sanlam buys 25% stake in Patrice Motsepe’s financial firm
This acquisition will involve a combination of a cash subscription and an asset transfer. Specifically, Sanlam will pay R2.41...
Shoprite sells its furniture unit to Pepkor for $178.2 million
Shoprite's decision to sell its furniture business comes as the company seeks to reallocate resources and focus on its...