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Business

CEO of Jay Z’s Tidal quits after just 2 months

Latest CEO, Peter Tonstad, has left the company just after 2 months on the job. The high-definition music streaming site was purchased for $56 million...

South African IT Billionaire Mark Shuttleworth Loses ConCourt Case Over R250m

JOHANNESBURG – Billionaire Mark Shuttleworth has lost his battle with the Reserve Bank over the R250 million exit levy it charged him. Shuttleworth was challenging...

Emeka Offor Donates $10 Million To Fight River Blindness In Nigeria

Sir Emeka Offor, a wealthy Nigerian businessman, has reportedly donated $10 million to the Carter Center to support the fight against river blindness in...

DJ Sbu plans to start his own radio station

DJ Sbu just reaffirm it to the public that he just wont stop until he actualize his goals. The DJ who has been making...

Kim Kardashian Charging Fans $800 for Makeup Master Class

Kim Kardashian charging fans $800 a ticket for make-up lessons as she gets ready to share beauty secrets. Kim Kardashian might be pregnant, but there...

Prince Alwaleed of Saudi Arabia Sells Stake In Mauritian Four Seasons Hotel For $40 Million

Kingdom Hotel Investments, a subsidiary of Saudi billionaire Prince Alwaleed Bin Talal Alsaud’s Kingdom Holding, has sold off its 50% stake in Four Seasons...

Naushad Merali, Kenya’s 2nd Richest Man, Sells Dairy Firm To Kenyatta Family-Owned Business

Brookside Dairy Limited, Kenya’s largest milk processor, has acquired Sameer Agriculture and Livestock Limited (SALL), an Ugandan dairy company. Naushad N. Merali, who is the...

IBM employees can now use Mac computers for work

IBM isn't just embracing the iPhone and iPad for enterprise apps, the company will also be allowing employees to choose a Mac as a...

Akinwumi Adesina elected 8th President, African Development Bank

Nigeria's outgoing agriculture minister Akinwumi Adesina on Thursday won the vote to become the new president of the African Development Bank, official results showed. Adesina,...

Apple passes up Google as the world’s most valuable brand

Apple has reclaimed a long-running title as the world's most valuable brand after Google's stint in the top spot briefly disrupted its reign last...

Hotels.ng, Nigeria’s Leading Hotel Booking Site Raises $1.2 Million

Nigeria’s leading hotel booking website, Hotels.ng, has raised $1.2 million from the Omidyar Network, the investment vehicle of eBay founder Pierre Omidyar, and EchoVC...

Business tycoon spends £100m on turning office into giant Star Trek ship

The new headquarters is the size of three football pitches, took six years to complete and has 30ft metal slides to connect each floor. A...

MultiChoice slashes rates for Kenya

Kenya’s leading high definition television operator MultiChoice Kenya has announced a price reduction of its DStv HD decoder by some 48 percent. The announcement...

A Star Studded Affair As World’s ‘Biggest’ Prada Store Opens In Sandton

Italian luxury brand Prada launched its store opening in Sandton on Tuesday 12 May. As celebrities pulled out all the stops at the star...

Picasso Painting Sets World Record As The Most Expensive Ever

A painting by the iconic abstract artist, Pablo Picasso, sold for a record $179,365,000 at an auction Monday night in New York, setting a...

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