MTN Raises $140.24 Million From Asset Sales
09/08/2019MTN Group Ltd has raised 2.1 billion rand ($140.24 million) from asset sales as part of a divestment plan announced in March, Africa’s largest mobile network by subscribers said on.
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Standard Bank Considers New Markets
09/08/2019Africa’s largest bank by assets, Standard Bank, is considering entering new markets – possibly via acquisitions – as its strategy to focus its resources on the continent continues to pay.
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Business
US Trade Rep And AU Commissioner for Trade & Industry Sign Trade Pact
07/08/2019Deputy United States Trade Representative C.J. Mahoney and African Union Commission Commissioner for Trade and Industry Albert Muchanga signed a joint statement concerning trade between the United States and the.
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Business
Uganda’s Stanbic Posts a 37.5% Profit
06/08/2019Uganda’s largest bank Stanbic posted a 37.5% jump in profit before tax for the first half of the year, driven by a surge in credit growth on the back of.
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Business
Pick n Pay Appoints Lerena Oliver as CFO
01/08/2019South African supermarket chain Pick n Pay Stores Ltd has appointed senior executive Lerena Olivier as chief finance officer with effect from Sept. 6, it said on Wednesday. The country’s.
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Business
Hwange Expansion Project on Course – ZPC
30/07/2019The Zimbabwe Power Company (ZPC), says that the USD$1.5 billion Hwange Expansion project – Unit 7 and 8 is going according to schedule and will add 600MW to the national.
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Business
MTN Appoints Motlanthe As New Investor Relations Executive
22/07/2019Mobile telecommunications company MTN said has appointed Thato Motlanthe as its new executive for investor relations, effective from September 1. Motlanthe replaces Nik Kershaw who left MTN at the end.
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Business
Kenya’s Consolidated Bank Extends Its Bond Maturity by 3 Months
22/07/2019The Consolidated Bank of Kenya has extended the maturity of its 2 billion shilling ($19.39 million) medium-term note by three months to allow its biggest shareholder, the government, to inject.
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Business
African Economic Congress Startup Challenge Announced
10/07/2019The African Economic Congress Startup Challenge, an international Competition for African entrepreneurs in strategic partnerships with innovation Hub, welcomes teams from all over Africa and the world to this year’s.
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Business
Kenya’s Private Sector Activity Rises By 3%
05/07/2019Kenya’s private sector activity jumped in June, helped by increased local and external demand for goods, a survey showed on Wednesday, but there were concerns about cashflows, partly arising from.
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