#acquisition

Johann Rupert has completed the acquisition of Mediclinic through his company Remgro, marking a significant move in South Africa's private healthcare sector. This purchase positions Rupert, recognized as the country's richest individual, as a key player in the industry.

On June 30, 2026, Vodacom Group finalized its acquisition of a 15 percent stake in Safaricom Plc, marking the largest transaction in the history of the Nairobi Securities Exchange. This deal concluded despite efforts from courts and petitioners to delay it, raising concerns among the public regarding the implications of the sale and the lack of communication from Safaricom's CEO.

Ajua announced that it had acquired WayaWaya, but five years later, WayaWaya's founder claims that the acquisition never took place and that they are still working to reverse the situation.

Beltone's first-quarter results indicate that its acquisition of Baobab, a pan-African lender operating in seven countries, has significantly contributed to its growth strategy. This approach focuses on cross-border expansion rather than traditional market-by-market growth, making Baobab Beltone's largest business just three months post-acquisition.

Lesaka has announced a delay in its acquisition of Bank Zero, pushing the deadline to 2027 due to lagging regulatory approvals. The acquisition is valued at R1.1 billion.