Forbes Africa

20 posts

  • ‘Without Money There’s No Love’

    It’s a transaction that happens across Africa every day. In South Africa they call them blessers; around the world they’re known as sugar daddies. Men with deep pockets exchange money and gifts for sexual favors. It may be a transaction as old as time but it acquired the euphemism of blessing. It all started on […]
  • Private Money Worth Its Weight In Gold

    State participation in the mining sector is a throwback to the socialist mind-set that once formed the premise of many national companies. Few West African nations have contemplated setting up an organization to oversee and harness their country’s natural resources. The free market system has trumped state sentiment in ensuring that the sector is managed […]
  • The World’s Highest-Paid Actors 2017: Mark Wahlberg Leads With $68 Million

    Markie Mark is officially Richie Rich: The former rapper-turned-actor is Hollywood’s highest-paid leading man, earning $68 million pretax in our 12 month scoring period. The Boston native recorded his highest-ever payday thanks to soaring fees for movies such as Transformers: The Last Knight and the forthcoming Daddy’s Home 2. The former may have scored a miserable 15% rating on […]Read More
  • The Waste Of Doctors Waiting On Tables And Answering Phones

    Instead of saving lives in hospital, 27-year-old Sherwin Prim, who spent 10 years qualifying as a doctor at the University of the Witwatersrand, is in jobless limbo. This is Prim’s depressing lot since he finished his internship on April 30 in Cape Town. The Department of Health (DOH) told him there was a delay over […]
  • How Mark Wahlberg Became Hollywood’s Highest-Paid Actor

    Gone are the days of “Good Vibrations” and rapping shirtless. Here to stay are golden paychecks – and a few more years of acting shirtless. Mark Wahlberg is this year’s highest-paid actor, banking $68 million in our 12 month scoring period, before taxes and fees. At 46, he has earned the biggest payday of his […]
  • Fight Like A Girl

    Two kickass initiatives in South Africa to curb the cycle of violence and rape – Debi Stevens’ Action Breaks Silence and a pretty lethal fight club. With the violence against women assuming epidemic proportions in South Africa in the recent past, and the hashtag #MenAreTrash trending voluminously, it’s heartening learning of small but significant social […]
  • Elon Musk’s Net Worth Eclipses $20 Billion For First Time

    Elon Musk, a polymath entrepreneur who nearly went bankrupt launching Tesla Motors and rocket company SpaceX, is now worth more than $20 billion. On Wednesday, Forbes unveiled its annual Richest In Tech list, which ranks the 100 wealthiest self-made tech billionaires. Musk placed 12th in the order, at $20.7 billion, ahead of high-profile names including Paul Allen ($20.5 […]Read More
  • ‘It’s Africa’s Time For Animation’

    When Vanessa Sinden turned her back on South Africa’s growing movie industry to work in a barn making cartoons, people thought she was mad. Three years later, Triggerfish, the fledgling animation company she joined in 2009, turned from minnow to big fish on the continent. It has produced award-winning creations on cheap budgets. All thanks […]