Nigerian billionaire Aliko Dangote is setting up a family office in Dubai, joining other high-net worth individuals who have flocked to the Middle East’s financial hub over the past few years. With a $13.2 billion fortune, Dangote ranks as the wealthiest African and the 168th-richest person in the world, according…
The JSE – Africa’s largest stock exchange – surged to a new high on Wednesday morning, powering through the 86000 points mark. All sectors on the bourse were trading in the green and the JSE All Share Index (Alsi) was up over 1.5% by 9.30am, around 86 060 points. The stimulus…
In an attempt to move closer to cost reflectivity, Eskom hopes to increase its return on assets for FY2026 from R15 616 billion in the current year to R42 669 billion.…