Transnet faces criticism over proposed tariff hikes amid port efficiency concerns
Transnet faces growing industry outrage over its proposed tariff hikes, with critics arguing that the company has failed to improve port efficiency despite demanding increases of up to 6.69 percent.
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Zimbabwe’s richest man urges local venture funding, pushes for high school entrepreneurship
Strive Masiyiwa believes a stronger local investment ecosystem would create a more sustainable future for entrepreneurs across the continent.
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South African billionaire Patrice Motsepe’s ARC, raises stake in JSE-listed Alexforbes to $264 million
Patrice Motsepe’s ARC raises its stake in JSE-listed Alexforbes to $264.34 million, reinforcing its influence in South Africa’s financial services sector.
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Prosus, led by South African Billionaire Koos Bekker, acquires food delivery firm for $4.3 billion
Prosus acquires Just Eat Takeaway.com for $4.3 billion, expanding its European food delivery dominance and leveraging AI, investment expertise, and logistics innovation.
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Ethiopia’s 10 richest businessmen
These business leaders are not just accumulating wealth; they are pivotal players in Ethiopia’s transformation.