South African Billionaire Patrice Motsepe’s ARC To Raise $300 Million In...
African Rainbow Capital (ARC), the South African financial services firm founded and controlled by South African billionaire Patrice Motsepe, has announced plans to raise...
Amazon to buy Whole Foods for $13.7 billion
Amazon's paying $13.7 billion for the grocery chain, which now operates some 465 stores across the U.S.
Starting out as a online book seller, Amazon...
Kenyan Restaurant Discovery Site EatOut Raises $500,000 From Craft Silicon
Nairobi-based FinTech innovator, Craft Silicon, has invested $500,000 in EatOut, a Kenyan food tech & media company.
EatOut is a Kenyan restaurant search and discovery...
Former Billionaire Sudhir Ruparelia Loses Lucrative Forex Bureaus In Uganda
The Central Bank of Uganda has reportedly shut down four lucrative Bureaux de change owned by Ugandan businessman former billionaire Sudhir Ruparelia.
Businessman Sudhir Ruparelia...
Meet Contec Global, A Family Business That Is Committed To Investing...
Contec Global Group is a leading U.K-based security technology company that operates across several developing countries. Contec Global Group, which is a family business,...
Indian Firm Acquires Kenyan Cancer Care Center For Almost $1 million
Healthcare Global Enterprises Ltd (HCG), a chain of Indian cancer treatment hospitals, has agreed to acquire a controlling stake in a Kenyan cancer care...
Nigerian Fintech Startup Paystack Raises $1.3 Million
Paystack, one of Nigeria's most hotly anticipated tech start-ups, has just secured $1.3M Seed investment from both international and homegrown investors. The investors...
Aliko Dangote forced to shut down his cement business in Tanzania
Africa’s richest man Aliko Dangote has shut down his cement plant in Tanzania due to high energy costs and a technical glitch at the...
Dave Van Niekerk, The Man Championing FinTech In Africa
South African-born Dave van Niekerk is the founder and CEO of MyBucks, a fast-growing African Fintech company that successfully delivers seamless financial services to...
Microsoft and Facebook team up to build underwater cable connecting U.S....
Facebook and Microsoft on Thursday announced that they are teaming up to build a subsea cable across the Atlantic Ocean.
In a blog post, Microsoft...
South African Billionaire Patrice Motsepe Invests In Fibre Provider
African Rainbow Capital (ARC), a private investment vehicle controlled by South African mining billionaire Patrice Motsepe, has reportedly acquired an 18.4% stake in Metro...
SA Confidence suffers as Barclays prepares to exit
Barclays Plc’s possible withdrawal from South Africa may turn out to be the economy’s biggest no-confidence vote at a time of financial-market turmoil and...
Read Full SA 2016 Budget Here
This is the full Budget for 2016 as delivered by Finance Minister Pravin Gordhan on Wednesday, 24th February 2016.
Honourable Speaker Mister President
Mr Deputy President
Cabinet...
MeQasa.com Of Ghana Raises $500,000 Investment To Become Zillow Of Africa
MeQasa.com, one of Ghana’s leading online real estate classifieds businesses, has secured a $500,000 investment from Frontier Digital Ventures, a global VC firm headquartered...
The Future of SABMiller as Carlos Brito Prepares to Takeover
In the future, staff at SABMiller are going to reflect on the pre-AB Inbev years as nice while they lasted. Hard core capitalism is...
CELEBRATING FIVE YEARS OF BOLD:
HOW THE VEUVE CLICQUOT BOLD WOMAN AWARD IN SOUTH AFRICA IS SHAPING A LEGACY OF LASTING BUSINESSES
For five years, the Veuve Clicquot Bold Woman...
Hayo Joins the GLF to Drive Global Digital Infrastructure Innovation
Hayo Joins the GLF to Collaborate with International Connectivity Leaders and Drive Global Digital Infrastructure Innovation
Hayo will share insights and collaborate with GLF experts...
