The South African billionaire who said no to Warren Buffett
When the Oracle of Omaha, Warren Buffett, is interested in acquiring a stake in a company, not many business leaders would dare to disagree on terms or walk away from the deal.
Fifa cancels thousands of hotel rooms in World Cup host cities
FIFA canceled 2,000 of their 10,000 hotel room reservations in Philadelphia last week, and that similar moves have also taken place in at least two additional U.S. host cities.
First Mutual Properties pursues ZSE delisting
The group, which announced plans to leave the trading platform in February this year, said it “remains engaged in negotiations and continues to evaluate a potential transaction to delist from the ZSE”.
Tanganda raises $8m fresh capital
The company said the “proceeds…will be applied towards supporting…working capital and capital expenditure requirements”.
A $3.7bn loss is pushing Botswana to look beyond diamonds
By the end of 2025, reserves had fallen to $3.8 billion, a significant $3.7 billion decrease from 2017 levels.
Don’t call it a fuel crisis, but prepare to pay
Despite government assurances, South Africa’s fuel supply is strained due to the Middle East conflict, resulting in shortages and soaring prices that threaten agricultural yields.
Meta to pay Instagram, TikTok and YouTube creators to post on Facebook
Meta pays $1,000 a month to creators with at least 100,000 followers on Instagram, TikTok or YouTube, and $3,000 a month to those with over a million followers on any of those platforms.
SA asks billionaire Dangote for help
South Africa is seeking a standard contract for 12 months with Nigeria, people with knowledge of the matter said, asking not to be identified as the discussions are private.
BAT Zim signals profit rebound
The company attributed the anticipated recovery primarily to improved currency stability and the absence of major foreign exchange losses that impacted the previous financial year.
MashHold posts revenue growth
The property group reported a 13% increase in revenue to US$8.1 million for the year ended December 31, 2025, up from US$7.2 million in the prior year.