BusinessCompanies

Tue,30Sep2014

Companies

Banking: A cautious year leaves an Ivorian bank struggling

SGBCI plans to ramp up its development programme to recover lost ground in 2014. Photo©Nabil ZorkotSGBCI, Côte d'Ivoire's largest bank has attributed its fall in revenue to prudence over sub-prime loans, but it must square up to the advancing competition.

Read more...

Kenya's Safaricom gets committee nod for govt security contract

Photo©ReutersKenya's national security committee has approved plans for a security and surveillance system, clearing the way for a project worth 14.9 billion shillings ($170 million) to Safaricom, its chief executive said on Friday.

Read more...

Gigawatt Mozambique secures financing on 100 MW gas plant

File photo©ReutersPower company Gigawatt Mozambique has secured the financing to build a 100 megawatt (MW) gas-fired power plant in the African country, which should be in operation late next year, one of its advisers said.

Read more...

Kenya Airways picks operations chief Ngunze as new CEO

Mbuvi Ngunze Kenya Airways has picked chief operating officer Mbuvi Ngunze to be its new chief executive to replace Titus Naikuni who will retire at the end of this year, it said on Tuesday.

Read more...

Ethiopian airlines: A hub in every region

Ethiopian Airlines remains a strategic tool for the government. Photo©Imago/StudioxThe managers of Ethiopian Airlines have an ambitious expansion plan to be implemented by 2025 that involves more training and new infrastructure.

Read more...

South Africa's Woolworths set to buy Australia's David Jones for $2 bn

Photo©ReutersSouth African retailer Woolworths Holdings Ltd is set to buy Australia's second-largest department store David Jones for $2 billion, trumping a merger proposal from Australian rival Myer Holdings Ltd with a hefty premium.

Read more...

Nigerian oil group Seplat valued at $1.9 bn in market debut

Nigerian oil and gas firm Seplat has offered 26.4 percent of its shares in a combined market debut in Lagos and London that values the group at about $1.9 billion.

Read more...

Page 1 of 10

Most popular

  • Latest

  • Most read

Sectors

Executives

Country focus

Subscriptions DigitalEditionSubscriptions PrintEdition

FRONTLINE

NEWS

POLITICS

SPORTS

HEALTH

BUSINESS

SOCIETY

TECHNOLOGY

Music & Film

SOAPBOX

COLUMNISTS

MONTHLY NEWSLETTER

Keep up to date on the latest from our network :

Connect with us