
NICO, led by Malawian tycoon Vizenge Kumwenda, announces $6 million dividend
NICO Holdings, led by Malawian tycoon Vizenge Kumwenda, declares a $6 million interim dividend as 2024 profits surge over 130%, reinforcing its market dominance.
NICO Holdings, led by Malawian tycoon Vizenge Kumwenda, declares a $6 million interim dividend as 2024 profits surge over 130%, reinforcing its market dominance.
The fresh funds are expected to boost Sidian’s lending capacity and sharpen its competitive edge against established rivals.
Despite the decline, Ravazzotti remains a key player in South Africa’s retail and manufacturing sector.
These women are more than financial icons, they are leaders transforming industries, from media and fashion to cosmetics and luxury.
Located in north-west Queensland, the mine has been a vital part of Australia’s mining landscape for over a century.
This marks a rebound from the previous month, when his stake had fallen below $970 million, signaling a strong recovery in his financial position.
He warned that granting MTN additional spectrum could distort the market, reduce competition, and ultimately raise costs for consumers.
This strategic move strengthens Aradel’s upstream portfolio and advances its multi-field cluster development strategy in the Niger Delta.
This dividend, which will be paid on September 25, is the lion’s share of the proposed N234 billion ($152.43 million) payout for the year.
Absa Group to open Dubai office in early 2026, expanding global reach and tapping into Africa-Gulf trade and investment.
The payout reflects the pharmaceutical group’s focus on rewarding investors following an impressive financial performance in 2024.
This underscores growing doubts about whether the company can push its long-delayed Turkana oil project to commercial production.
GB Corp. stock has risen 19.91% in the past five weeks, boosting the Ghabbour family’s stake value by $45.73 million.
This represents a 17.08 percent increase compared to the previous year, driven by stronger-than-expected tenant sales and a strategic expansion of its property portfolio.
Sibanye-Stillwater, led by Neal Froneman, begins commercial operations at 89 MW Castle Wind Farm, advancing its renewable energy goals and sustainability efforts.
With a combined fortune exceeding $96 billion, Black billionaires are shaping industries from energy and tech to media and infrastructure.