Economy

KEY POINTS Econet Zimbabwe delisting plan includes $1bn infra spinoff. Econet Zimbabwe delisting hinges on shareholder vote Econet Zimbabwe delisting raises valuation and liquidity concerns. Strive Masiyiwa’s Econet Wireless Zimbabwe …

KEY POINTS Headlines exaggerate Alison-Madueke’s alleged £2m Harrods spending and luxury perks; she didn’t personally own or spend these. Viral stories like the “diamond bra” misrepresent facts, creating a distorted …

KEY POINTS Kenya approves East Africa’s first dollar denominated industrial REIT. Dollar denominated industrial REIT reduces currency risk for investors. Listing adds depth to the Nairobi Securities Exchange. Africa Logistics …

KEY POINTS Starlink South Africa licensing dispute centers on ownership rules .Musk says race based laws block Starlink’s market entry. Starlink South Africa licensing dispute persists despite investment pledges. Elon …

KEY POINTS Capitec Bank shares added $1.1 billion to Le Roux wealth. Rand strength amplified investor gains in dollar terms. Banking stocks led renewed JSE investor interest. South African billionaire …

KEY POINTS Paul van Zuydam is South Africa’s newest billionaire with an estimated net worth of $1.7 billion He acquired Le Creuset in the late 1980s and rebuilt it through …

KEY POINTS Groupe EDK Senegal retail expansion will add up to 18 new stores IFC financing is largely structured in local currency The project is expected to create more than …

KEY POINTS • Ghana’s parliament has approved a law regulating cryptocurrency activities• Central bank to license and supervise crypto platforms and service providers• Crypto remains legal but not legal tender …

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 …

Talaat Moustafa Group is investing more than $5 billion in Oman real estate projects, marking one of the largest foreign property expansions in the sultanate