Property tycoon Roux Shabangu faces provisional sequestration amid escalating tax disputes
Property tycoon Roux Shabangu faces provisional sequestration after losing a court battle with Sars over millions in unpaid taxes, marking the latest setback in a long-standing legal dispute and raising concerns about his financial practices and lavish lifestyle.
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Orascom reports $2.32 billion revenue amid MENA slowdown
Orascom posted $2.32 billion in revenue, a slight decline of 1.92 percent from $2.37 billion in the same period last year.
Standard Bank and IFC partner to boost local currency lending across Africa
The deal aims to mitigate currency risks, expand local currency exposure, and facilitate cross-currency swaps and derivatives for businesses across Africa.
Naguib Sawiris unveils new digital news platform targeting emerging markets
Sawiris launches Moniify, a Dubai-based digital platform delivering emerging market business and finance news from a local perspective.
Equity Insurance unit’s nine-month profit surges to $8.26 million, outpaces regional banking subsidiaries
Equity Life Assurance Kenya, a fast-growing subsidiary of Equity Group Holdings, posts a remarkable 181-percent profit increase, signaling robust performance in the insurance sector.