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Black South African bankers are making a fortune out of the empowerment deals concluded by banks in terms of the financial sector charter.
Banknotes calculates that the big four banks’ empowerment deals have netted participants a combined profit of R17-billion (approx. £1.38/US$2.24 billion). And that’s real wealth, unencumbered by debt.
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23-year-old Prince Ampong, founder of Finally Made.
“This recession doesn’t bother me,” said Ampong. “When you come from the bottom, you can’t go anywhere else but up.” Ampong had plenty to smile about recently. He and the rest of the Finally Made family celebrated the boutique’s first year in business.
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“Wow! Goddammit!”…
The two words Fela Kuti said when he first saw his work. Most renowned for the album covers and sleeves designs he made for the Afrobeat legend, the Nigerian artist and illustrator Lemi Ghariokwu (aka the inventor of Lagos Afro Pop Art) talks about the beginning of his career [...]
