Africa: World’s Richest Billionaires Added Record .2 Trillion Wealth in 2025 – Report

Africa: World’s Richest Billionaires Added Record $2.2 Trillion Wealth in 2025 – Report

Abuja — The world’s 500 richest people added a record $2.2 trillion to their collective fortunes this year, as booming markets in everything from equities to cryptocurrencies to precious metals sent the value of their holdings soaring, according to the Bloomberg Billionaires Index. The gains, which brought their combined net worth to $11.9 trillion, were…

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AppLovin and Robinhood added to S&P 500

AppLovin and Robinhood added to S&P 500

Shares of advertising technology company AppLovin and stock trading app Robinhood Markets each jumped about 7% in extended trading on Friday after S&P Global said the two will join the S&P 500 index. The changes will go into effect before the beginning of trading on Sept. 22, S&P Global announced in a statement. AppLovin will…

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Sharp focus on IFMS contracts as SITA is added to probe targets

Sharp focus on IFMS contracts as SITA is added to probe targets

The investigation will scrutinise whether contracts were fair, competitive, transparent, equitable, or cost-effective. The beleaguered State IT Agency (SITA) is facing yet another probe, this time over its involvement in National Treasury’s integrated financial management system (IFMS) project. This, as the scope of the Special Investigating Unit’s (SIU’s) investigation of the IFMS tender has been…

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