Richard Okello, co-founder of African investment firm Sango Capital, sees strong potential across a variety of sectors. Okello is particularly keen on African retail. “The transformation from unorganised retail to organised retail is underway,” he notes. One of Sango’s standout investments has been Sundry Markets, the parent company of Marketsquare, a Nigerian supermarket chain founded…
Altron head office. (Source: Altron) JSE-listed Altron’s stock was up 8.4% by lunchtime today, after it said headline earnings per share (HEPS) would gain by at least 30% for its full 2026 year. The company, which marked its 60th birthday last April, notes in a trading update to shareholders that these figures are based on…
Abuja — Speaker of the House of Representatives, Hon. Tajudeen Abbas, yesterday, clarified his earlier comments on Nigeria’s N149.39 trillion debt, stressing President Bola Tinubu was committed to ensuring that borrowing remains responsible and tied to productive investments. Also, the Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, expressed optimism about…
Optimism about the strong growth opportunities presented by the ongoing artificial intelligence (AI) boom has been tempered by tariff-related distractions and macroeconomic challenges. Against this uncertain backdrop, investors looking for consistent income can add attractive dividend-paying stocks to their portfolios, and studying top Wall Street analysts can offer useful insights into picking the right dividend…
