Jeff Bezos searches for philanthropic ideas
Businessam Staff
June 17, 2017
“I’ve got over $80 billion. Now what?” Jeff Bezos, the world’s second richest person is asking the public for philanthropy ideas. In a tweet Thursday afternoon, the Amazon founder called on people to respond with their thoughts. An hour later, the tweet has already received more than 2,700 comments, including pitches to fund women’s healthcare […]
Richest black South African Motsepe eyes more than 3 billion rand in IPO
Businessam StaffJune 15, 2017
African Rainbow Capital Ltd., a South African financial-services firm started by Patrice Motsepe, the richest black South African, plans to raise more than 3 billion rand ($234 million) in an initial public offering of its investment-holding unit, according to people familiar with the matter. According to Bloomberg report, ARC, as it’s known, will fold its non-financial […]
Pics: AFRIMA and tourism meeting
Businessam StaffJune 14, 2017
Hedge fund billionaire Paul Singer’s ruthless strategies include bullying CEOs, suing governments and seizing their navy’s ships
Businessam StaffJune 10, 2017
Hedge fund managers are rarely the quiet, retiring type, but few are as boldly bare-knuckled as Paul Singer, the founder of Elliott Management. Singer, who took home $400 million last year, makes his fortune through activist investing. While other investors are content to buy shares or bonds, and wait for them to accumulate value, Elliott […]
Seven Nigerians elected into UK parliament
Businessam StaffJune 9, 2017
The winners are: Chuka Umunna representing Streatham; Bim Afolami, Hitchin and Harpenden; Fiona Onasanya, Peterborough; Chi Onwurah, Newcastle; Kate Osamor, Edmonton; Kemi Badenoch, Saffron Walden; and Helen Grant, Maidstone and The Weald.
Funke Opeke, MainOne CEO nominated top EMEA influencer
Businessam StaffJune 8, 2017
Funke Opeke, chief executive officer of MainOne, West Africa’s premier connectivity and data center solutions company, has been nominated one of 50 top influencers transforming the data center and cloud landscape in Europe, the Middle East and Africa (EMEA). The nomination, which was done at the Data Center Africa Summit taking place at the DataCloud […]
Andy Rubin wants to disrupt the Apple-Samsung ‘duopoly’
Businessam StaffJune 8, 2017
Maybe Apple and Samsung just aren’t bringing their A-game anymore. Andy Rubin, the creator of Google’s Android, offered up that fresh critique Wednesday while speaking to reporters at the Wired Business Conference in New York. Rubin’s statements come a few days after his new startup introduced a premium-tier phone, called the Essential Phone, which will […]
Bukola Saraki, Senate President (centre) flanked by members of King’s College Old Boys Association (KCOBA), during a courtesy visit to canvas for old boys’ involvement in the management of the institution
Businessam StaffJune 8, 2017
“I don’t need rocket scientists,” says a self-made billionaire describes the ideal employee
Businessam StaffJune 8, 2017
You don’t have to be a genius to work for Sam Zell. In his book “Am I Being Too Subtle? Straight Talk From a Business Rebel,” Zell writes that he’s not necessarily looking for the smartest people to work at Equity Group Investments — there are other characteristics that are more important. “There’s a baseline […]
Billionaire transforms club and city
Businessam StaffJune 7, 2017
If Manchester City used to be the club boasting high-profile signings on provocative billboards, these days this northern English city’s “noisy neighbor” is taking a more softly, softly approach. Ahead of Saturday’s Premier League derby against rival Manchester United, it’s all about the grand scheme for a club that was once written off for having […]