Category: African Billionaires
10 in 10 Top 10 Millionaires in the top 10 African Countries
BHP chief urges Anglo investors to consider takeover benefits
BHP’s Bid for Anglo American Could Reshape South Africa’s Mining Landscape BHP, the world’s largest mining company, has set its sights on acquiring its smaller [more…]
Bernard Arnault Continues Reign as World’s Richest Individual in May 2024
Bernard Arnault, the CEO of LVMH, the world’s leading luxury goods company, maintains his position as the wealthiest individual globally as of May 1, 2024, [more…]
South African Airways Seeks Investors and Loans for Expansion Amidst Failed Equity Deal
Interim Chairman Emphasizes Need for Capital to Accelerate Growth Plans In the wake of a collapsed equity deal and subsequent setbacks, South African Airways (SAA) [more…]
IMF Warns of Widening Income Gap in Sub-Saharan Africa Amid “Tepid” Economic Recovery
In its latest report, the International Monetary Fund (IMF) has sounded the alarm over the widening income gap between Sub-Saharan Africa and the rest of [more…]
Liquidate or privatize SAA, asap!
Upon its placement on business rescue in December 2019, it became clear that SAA’smanagement was unable to efficiently run the organisation. It could have been [more…]
Ethiopia Faces Pressure to Devalue Currency for IMF Loan Approval
Ethiopia finds itself at a critical juncture as it grapples with the looming necessity of a significant currency devaluation to secure vital financial assistance from [more…]
Egypt’s Inflation Expected to Rise in March According to Poll
A recent poll conducted by Reuters suggests that Egypt’s inflation is anticipated to climb in March, driven by a series of economic adjustments, including currency [more…]
Are you looking to make your first export sale or expand into a new foreign market
Companies boost their bottom line and competitiveness by meeting world demand for innovative, quality, made in SA products and services. You can too, with a [more…]
Not good News for April’s Gas Prices
The forecast for fuel costs in South Africa is still uncertain; while diesel prices are expected to decline, gasoline prices are still expected to rise [more…]
In Southern Africa, the trucking industry is a wealthy and successful enterprise.
Establishing a transport company in Southern Africa may be a very profitable endeavor, particularly if you take advantage of nations like Botswana and Zimbabwe that [more…]
