Key Points Prosus aims to generate $400 million in adjusted e-commerce EBIT by March 2025, led by CEO Fabricio Bloisi’s profitability push. The South African-Dutch tech...
Key Points Strive Masiyiwa receives Harvard’s W. E. B. Du Bois Medal, joining past honorees like Kareem Abdul-Jabbar and Maya Angelou for his cultural contributions. The...
Key Points David Steward becomes the world’s richest Black person with a fortune of $11.4 billion, surpassing Nigerian tycoon Aliko Dangote and Robert F. Smith. Steward’s...
Egyptian steel magnate Ahmed Ezz’s stake in Ezz Steel rises by over $100 million Skip...
Key Points Sasol appoints Muriel Dube as chairman, effective Sept. 13, 2024, signaling a major leadership transition for the group. Dube brings expertise in sustainability, finance,...
Key Points ARM’s 2024 profit plunged 75% to R2.29 billion ($128.5 million), its lowest in seven years, due to higher costs and lower revenue. Revenue fell...
Ladi Jadesimi’s Aradel becomes Nigeria’s latest billion-dollar energy group with $1.2 billion market cap Skip...
35 Key Points Beyoncé expands her portfolio with SirDavis, an $89 American whisky, in partnership with LVMH, reflecting a trend among celebrities in the spirits market....
21 Key Points Exxaro Resources’ H1 2024 profits fell 37.5% to $268.7 million, driven by a 27% decline in coal business earnings. Revenue edged down to...
1 Key Points Wale Tinubu’s stake in Oando Plc soared to $120.2 million, up $60.2 million since May 2023 due to a 589.5% rise in share...