Tag Archives: Forbes

Isabel dos Santos – First African female billionaire

Isabel dos Santos, the eldest daughter of Angola’s president, has become Africa’s first female billionaire, US financial magazine Forbes has said. The 40 year old’s shares in several Portuguese firms, including a TV cable company, and an Angolan bank put … read more »

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The richest five men in Uganda

By EMMANUEL GYEZAHO, Monitor The personal fortunes and wealth of five Ugandan businessmen has caught the eye of Forbes Magazine, the influential American publication known for its listing of the world’s most rich people. Businessmen Sudhir Ruparelia, Patrick Bitature, Charles … read more »

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New Africa: the Ethiopian woman who made ethical sandals fashionable

Lucy Siegle, The Observer SoleRebels founder Bethlehem Tilahun Alemu was convinced she could make stylish shoes out of old tyres, The idea for footwear label soleRebelspopped into the brain of Bethlehem Tilahun Alemu in 2004. Looking around her native Addis … read more »

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Forbes Africa celebrating women in its August issue

“It has been a long struggle for women in business, which is far from over. History even records the first woman to work in an office in Johannesburg. It was in 1894, screens were put up around her because it … read more »

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Tom Cruise named Hollywood’s highest paid actor

Tom Cruise, who is reeling from wife Katie Holmes’ shocking Thursday divorce filing last week after five years of marriage, topped Forbes’ list of highest earning actors, after earning 75 million dollars between May 2011 and May 2012. The actor … read more »

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Africa’s richest man donates $500 000 to Congo blast victims

Africa’s richest man, Nigerian Aliko Dangote, has donated $500 000 to victims of last month’s munitions blasts in Congo which killed at least 282 people, his group said on Tuesday. Dangote made the donation at the weekend in the Congolese … read more »

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Nigeria’s Dangote opens $1 bn cement plant

LAGOS — Nigerian manufacturing group Dangote has opened a one-billion-dollar cement plant near the economic capital Lagos, one of the largest investments in the oil-rich west African country. “We are working towards making the company one of the eight biggest … read more »

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Ethiopia One of the Saddest Countries in the World?

Last week Forbes Magazine, in its list of the happiest and saddest countries in the world, disclosed that we are one of three saddest nations in the world. The recently released 2011 index, billed as an “inquiry into global wealth … read more »

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Nigeria troops in Obi Mikel kidnapping

Jos – Two Nigerian soldiers took part in the kidnapping of Chelsea midfielder John Obi Mikel’s father, and at one point demanded a $4bn ransom they considered “chicken change” for the team, security officials said on Wednesday. The soldiers belonged … read more »

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Lady Gaga tops Forbes magazine celebrity power list

Lady Gaga US pop singer Lady Gaga has claimed the top spot in Forbes magazine’s annual Celebrity 100 list, at the expense of chat show mogul Oprah Winfrey. The flamboyant star – real name Stefani Germanotta – moved up four … read more »

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Swaziland’s King Mswati III

Africa’s last absolute monarch, Swaziland’s King Mswati III, has enraged his impoverished nation by enjoying a lifestyle of unchecked luxury while demanding salary cuts from civil servants. Mswati has 13 wives and a fortune estimated at $100m, placing him on … read more »

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