Category: <span>Wealth</span>

Under pressure FIFA president Gianni Infantino’s fate should be decided by the ⁠organisation’s 211 member associations at next March’s elections, Confederation of African Football (CAF) president Patrice Motsepe said. Infantino, who is ‌seeking re-election, has faced open revolt after three confederations — UEFA, AFC ‌and CONCACAF — attacked his conduct and called for him ‌to...

A consortium including billionaire Amazon founder Jeff Bezos has advanced its talks to buy about a 30% stake in Liverpool, BBC Sport has been told. The group is led by British-Indian millionaire businessman Amit Bhatia and also includes Facebook co-founder Eduardo Saverin. Owners Fenway Sports Group (FSG) confirmed last month that the group had “expressed interest...

 ONYX Hospitality Group, one of the leading regional players in Southeast Asia, is delighted to announce the launch of its 2025 holiday season campaign, “Beyond the Festivities.” Designed to create cherished memories for guests while strengthening connections with local communities, the campaign will be celebrated across ONYX Hospitality Group’s four distinctive brands: Amari, OZO, Shama, and Oriental Residence....

Africa’s richest man Aliko Dangote regains $29 billion net worth, driven by cement gains and refinery exports. A few weeks after his fortune took a sharp dip, Africa’s richest man, Aliko Dangote, is seeing his wealth climb again. The founder of Dangote Group has watched his net worth rise back to $29 billion, putting him...

After renewing his contract with the Saudi Arabian club Al-Nassr, the Portuguese player had his fortune valued at 1.2 billion euros. Cristiano Ronaldo has set yet another record by becoming the first footballer with an estimated wealth of more than a billion euros. The player’s already considerable fortune increased in June when he renewed his...

Truecaller, the leading global platform for verifying contacts and blocking unwanted communications, reached a significant milestone in August as the number of monthly active users (including both Android and iOS) crossed 100 million in the MEA-region, representing a 19% growth y-o-y. “With the Middle East and Africa experiencing significant growth in smartphone adoption and mobile...

The most valuable career opportunities in finance do not always arrive with the most impressive job title. No one makes this argument more clearly than Matthew Kebble, one of South Africa’s most distinguished and succesful institutional investment specialists. He argues that some of the most valuable experiences of his career did not come from sitting...

Strive Masiyiwa is a telecommunications and technology entrepreneur, investor, and philanthropist. In his nearly four decades as an entrepreneur, he has started and invested in businesses throughout the world including Africa, the European Union, India, Latin America, the Middle East, New Zealand, the UK, and the USA. Some of his most prominent start-up companies and...

Dr Patrice Tlhopane Motsepe has a net worth of $3.1 billion (R56,2 billion) and is one of the richest people in Africa. He has built an incredible business empire with assets in mining, the finance industry, telecommunications, and sports. His business success belies the fact that he had a humble upbringing without the luxuries many...

Africa’s immense economic potential is being undermined by non-transparent resource-backed loans that complicate debt resolution and compromise countries’ future growth, African Development Bank President Akinwumi Adesina said on Thursday. “I think it’s time for us to have debt transparency accountability and make sure that this whole thing of these opaque natural resource-backed loans actually ends,...