KEY POINTS Adrian Gore sells $3 million Discovery stock while securing long-term hedge. Gore uses collar strategy to manage risk and protect his stake. Discovery reports $545 million profit and …
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KEY POINTS UK court orders Paul Ndung’u to repay $2.9 million to former co-shareholders. Ndung’u’s appeal to reclaim a 17 percent SportPesa stake is blocked. SportPesa continues operations under institutional …
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KEY POINTS Terrence Moolman Caxton stake rose by about $7.7 million as Caxton & CTP shares climbed on the JSE. Caxton’s market cap reached roughly $285 million, reflecting renewed investor …
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KEY POINTS Palm Hills Gulf expansion advances with UAE trademark approval. New Incolease facility boosts liquidity for Egypt projects. Shareholders endorse strategic cross-border growth agenda. Cairo-based Palm Hills Developments has …
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KEY POINTS ICTSI to run Durban Container Terminal Pier 2 under a 25-year concession. Deal marks South Africa’s first major port concession. Investment expected to run into billions of rand …
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KEY POINTS Carrefour Medical Senegal receives $21 million investment from IFC. Funding supports local manufacturing and healthcare supply chain expansion. Investment enhances training and technical capacity for biomedical engineers. The …
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KEY POINTS Cadyst Group acquires Grands Moulins du Cameroun and Grands Moulins du Congo. Regional banks back Tawamba’s expansion in flour and feed production. Integration of seven sites strengthens Cadyst’s …
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KEY POINTS CIMKO plans $300 million expansion to double cement output by 2027. Investment incorporates eco-friendly technologies and community development programs. Groupe Rawji strengthens industrial footprint and employment in the …
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KEY POINTS HCI sells The Point Mall for R943 million. Buyer faces penalties if transfer runs late. HCI deepens its Africa energy expansion strategy. Hosken Consolidated Investments has agreed to …
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KEY POINTS Family Bank private placement attracts strong institutional interest. Family Bank private placement boosts capital buffers. Family Bank private placement supports regional expansion. Family Bank Limited has secured KSh8 …
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