Apollo exec John Zito questions private equity software valuations
Apollo Global Management signage in New York on Dec. 5, 2023. Jeenah Moon | Bloomberg | Getty Images Apollo’s John Zito had a blunt assessment of how private equity firms are valuing their software holdings as shares of comparable public tech companies have plunged: They’re not, he said. Zito, co-president of the firm’s giant asset…
MTN appoints Mutooni as group investor relations exec
MTN Group has appointed Roy Mutooni as new executive of group investor relations. MTN Group has appointed Roy Mutooni as new executive of group investor relations, effective 1 April. In a statement, the company says Mutooni brings to MTN more than 20 years of experience in equity research, portfolio management, and value-based strategy across African…
Video shows missiles striking an Iranian neighborhood
IE 11 is not supported. For an optimal experience visit our site on another browser. We apologize, this video has expired. Now Playing Video shows missiles striking an Iranian neighborhood 00:28 UP NEXT Cuban deputy PM says island is open to U.S. investment 00:29 Michael B. Jordan celebrates Oscar win at In-N-Out 00:19 ‘Kpop Demon…
MTN initiates share buyback programme
MTN Group plans to buy back between 1.7% and 2% of its shares, amounting to some R6-billion, over the next three years. Speaking at the company’s investor presentation following the release of its annual results for the year ended 31 December 2025 on Monday, MTN Group CEO Ralph Mupita said the programme is part of…
Africa: After Nearly 30 Years with AGOA—Passing the Baton
Accra — After nearly three decades of active engagement with the African Growth and Opportunity Act (AGOA), I recently informed my distinguished Co-Chair of the AGOA Alliance, The Hon. Chris Stewart, the Alliance’s hardworking Secretariat — Tim Stewart of The Bennett Consulting Group and James Link of The Cormac Group — and my remarkable team…
Africa: What Are the Consequences of War in the Middle East for African Countries?
As oil prices soared to more than $100 a barrel this week, what will the economic consequences of the war in the Middle East be for African countries? Which sectors are most at risk? RFI spoke to Guinea-Bissau economist Carlos Lopes, former executive secretary of the United Nations Economic Commission for Africa and now a…
Russia agrees to stop using Kenyan recruits in Ukraine conflict, Kenya says
Some 1,000 Kenyans are believed to have recruited to fight in Ukraine – many say they were lured under false pretences.
Top ICT tenders: IEC moves to increase stakeholder interaction
The Electoral Commission wants to redevelop its public mobile application to offer enhanced functionality and improved user experience. Activity on National Treasury’s eTenders Portal is showing signs of recovery this week, with several advertisements targeting strategic technology dependencies which will interest the ICT industry. All eyes are on the Electoral Commission (IEC), however, as it…
Africa: Trump Watch – US Launches Trade Investigation Into South Africa and 59 Other Countries
Donald Trump matters a lot to Mzansi and the rest of the world right now. Trump is changing the way America works – and how the world’s most powerful country deals with the rest of the world. We’ll track what he does and connect the dots to your daily life. US launches trade investigation into…
Africa: Growth Drives African Sovereign Ratings to Highest Level Since 2020
Africa’s sovereign credit outlook is improving as economic growth stabilizes and fiscal reforms take hold across several countries, according to recent sovereign rating assessments. S&P Global Ratings shows African sovereign ratings at their highest level since 2020. The improvement comes as some governments reduce fiscal deficits and strengthen foreign reserves. The outlook improves after several…