rahim6 news

Harrods goes to court to replace executors of Mohamed Al Fayed's estate over solvency fears
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June 02, 2026

Harrods has moved to court to replace the executors of the estate of its former owner Mohamed Al Fayed, citing concerns about the estate...Read More

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The Richest Black women in America 2026
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June 02, 2026

In a country of more than 3,400 billionaires, fewer than 30 are Black. Of those, only four are women. That number alone tells a story. But w...Read More

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50 Cent built a $100 million empire from rap royalties, Vitaminwater and a TV production machine
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June 02, 2026

Curtis James Jackson III grew up in South Jamaica, Queens, one of New York City's harder neighbourhoods, in a household held together by...Read More

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Billionaire Dr. Dre and Rep. Maxine Waters clash over $360 million Compton School bond measure
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June 01, 2026

A $360 million school bond measure in Compton has put two of the community's most prominent figures in direct opposition, with hip-hop m...Read More

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Uganda clears Absa takeover of Standard Chartered's retail and wealth banking business
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June 01, 2026

The Bank of Uganda has given Absa Bank Uganda the regulatory green light to acquire Standard Chartered Bank Uganda's Wealth and Retail B...Read More

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Kanye West breaks the record for largest stadium concert attendance with 118,000 fans in Istanbul
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May 31, 2026

Kanye West walked onto the stage at Istanbul's Ataturk Olympic Stadium on the night of May 30 and looked out at 118,000 people. He stopp...Read More

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Who is Ze Nxumalo, the South African businessman who paid $215,000 for a city manager's private jet trip to London
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May 31, 2026

By the time Ze Nxumalo's name surfaced at the Madlanga Commission of Inquiry in late 2025, he was already one of South Africa's more...Read More

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Egyptian billionaire Naguib Sawiris sold Euronews to a firm now buying Serbia's last independent media
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May 30, 2026

When Naguib Sawiris sold his 88 percent stake in Euronews to Portuguese investment firm Alpac Capital in December 2021, the Egyptian telecom...Read More

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Kevin Hart confirms Hartbeat cut 25% of staff but says his entertainment company is solid
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May 29, 2026

Kevin Hart confirmed on The Breakfast Club that his entertainment company Hartbeat has cut nearly 25 percent of its workforce, changed his p...Read More

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How South Africa's private banks handed wealthy clients rope to hang themselves with Steinhoff margin loans
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May 28, 2026

Among the many dimensions of the Steinhoff collapse that did not receive adequate attention in the immediate aftermath of December 2017, one...Read More

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Billionaire Strive Masiyiwa's Cassava Technologies backs new African AI foundation
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May 28, 2026

Strive Masiyiwa's Cassava Technologies has backed a new foundation in Kigali that will provide grant-funded access to computing power, r...Read More

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Ghana's central bank takes Paa Kwesi Nduom's GN Savings licence fight to the Supreme Court
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May 27, 2026

The Bank of Ghana has filed an application at Ghana's Supreme Court seeking to overturn the Court of Appeal ruling that restored the ope...Read More

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Jim Ovia, Ogunlesi, Mwangi and Jonah named Lifetime Achievement winners at ABLA 2026
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May 27, 2026

Four of Africa's most consequential business figures have been named Lifetime Achievement Award winners at the 16th African Business Lea...Read More

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Nigeria's NNPC tells a court that Dangote petrol is too expensive and imports must continue
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May 26, 2026

The Nigerian National Petroleum Company Limited has told the Federal High Court in Lagos that petroleum products from the Dangote Petroleum ...Read More

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African Wealth Briefing — Tues., May 26, 2026
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May 26, 2026

Good morning from Billionaires.Africa. Here is a brief on what we published yesterday. The most consequential single development was Aliko D...Read More

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Nigeria's ex-Skye Bank chairman Tunde Ayeni gets $150,000 bail after 21 days in Kuje prison
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May 25, 2026

The Federal Capital Territory High Court in Apo, Abuja, granted bail to former Skye Bank chairman Tunde Ayeni on Monday in the sum of N200 m...Read More

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Tanzanian billionaire Edha Nahdi's Amsons Group is in advanced talks to acquire Oryx Energies for $250 million
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May 25, 2026

Tanzania's Amsons Group is in advanced negotiations to acquire Oryx Energies in a deal estimated at $250 million, according to sources f...Read More

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Johann Rupert's Richemont defies tariffs and record gold prices to post double-digit growth
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May 25, 2026

Johann Rupert has guided Richemont through one of the luxury industry's roughest stretches, posting double-digit growth even as record g...Read More

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African Wealth Briefing — Mon., May 25, 2026
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May 25, 2026

Good morning from Billionaires.Africa. Here is a brief on what we published yesterday. The most consequential single development was the con...Read More

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