Egyptian billionaire Yasseen Mansour’s Palm Hills to increase stake in Macor Hotels
Palm Hills, which already owns 60.3 percent of Macor Hotels, will raise its ownership to 69.8 percent by acquiring a 9.5-percent stake.
Palm Hills, which already owns 60.3 percent of Macor Hotels, will raise its ownership to 69.8 percent by acquiring a 9.5-percent stake.
The deal reflects the growing demand for cloud-based education software and reinforces Vista’s commitment to enhancing student-driven technological innovations with a strategic focus in the education sector.
This gain brings his total holdings to nearly $130 million, reinforcing his position as a leading figure in South Africa's media industry.
Sibanye receives a significant boost with a nearly $500-million investment from the South African government's wholly-owned asset management firm.
This rise from R4.69 billion ($270.22 million) in the same period last year highlights Capitec Bank’s resilience in a tough global economy.
John Kimani, has seen his shares in Kakuzi surpass $22 million (Ksh2.87 billion), marking a gain of Ksh383.4 million ($2.97 million) in just eight days.
Choppies' profit for the period reached BWP164 million ($12.5 million), up from BWP150 million ($11.4 million) in the previous fiscal year.
Real estate mogul Stephen Brookes, the founder and the largest shareholder of Balwin Properties, owns 36.08 percent of the Johannesburg-based property developer.
The double-digit decline in profits can be attributed to UBA’s higher expenses, coupled with a drop in trading and foreign exchange gains.
Innscor Africa reports robust 2024 financial performance driven by robust performances across its primary business lines.
This move aligns with the company’s efforts to bolster Nigeria’s self-sufficiency in healthcare, focusing on combating the country's ongoing HIV crisis.
Orascom Construction, a global engineering leader, expands its renewable energy portfolio in Egypt.
Ndegwa, the former chairman of Kenya’s Capital Markets Authority, owns 4.57 percent of the Nairobi-based financial services conglomerate.
Ravazzotti’s stake in Italtile nears $330 million thanks to a $21.9-million gain in 14 days.
Elsewedy Electric has secured a $1-billion partnership with Saudi Electricity Company to enhance energy infrastructure in the Middle East.
Prosus N.V. has grown into a leading global consumer Internet group. The transaction gives Prosus liquidity to focus on higher-growth areas in its portfolio.