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Amazon executive chairman Jeff Bezos sold another 12 million shares of the e-commerce giant’s stock worth over $2 billion this past week, according to a US...
Microsoft Corp. Co-Founder Bill Gates shared his skeptical views on Bitcoin, distinguishing himself from other tech and celebrity figures who have embraced the cryptocurrency. Gates expressed...
Zambia has agreed to restructure a US$1,5 billion debt owed by Mopani Copper Mines to Glencore, which arose from its acquisition of Mopani in 2021, state-owned...
Tongaat Huletts Zimbabwe has appointed Tendai Masawi as the new CEO and managing director of Hippo Valley Estates Limited and Triangle Limited replacing Aiden Mhere. Prior...
Thom Mpinganjira, one of Malawi’s most successful yet controversial businessmen and the founder of FDH Bank Plc, has seen the market value of his stake in...
The parent firm of Russia’s most prominent technology company, Yandex, said it has agreed to sell all its assets in the country for about $5 billion,...
After a boom in his fortune in 2023 cemented his status as Egypt’s richest man and one of Africa’s wealthiest billionaires, Nassef Sawiris, who is also...
VISION Consortium (Vision)’s representatives are due for “crucial talks” in Zimbabwe this week, as the trans-Limpopo group seeks to tie up loose ends in its bid...
On Thursday, Vivendi SE’s Canal+ proposed to acquire the remaining shares of MultiChoice Group, the South African pay-TV company, in a deal valued at 46 billion...
Nicky Oppenheimer, a South African billionaire, just reached the $10-billion net worth barrier, making him the second-richest individual in South Africa and the third-richest on the...
