Rio Tinto, the world’s largest producer of Iron Ore said it has cut down its debt by uSD2.5 billion by completing its bond tender and redemption exercises. The nominal value of its outstanding bonds from has been cut from approximately USD21 billion to about USD9.5 billion. The company disclosed that […]
A sudden wave of resignation has hit MMI Holdings as Chief Operating Officer Danie Botes and Chief Executive of Momentum Retail Etienne de Waal have resigned to pursue other interests. The company said Both Danie and Etienne were with the group for more than 20 years and leave a lasting […]
EuroMena is pleased to announce the acquisition of a minority stake of Retail Holding SA, a leading Moroccan Retailer. Proceeds of the investment will mainly be used to fund the expansion of the Group. The Group was established in the mid-80s by Mr. Zouhair Bennani, initially as a single supermarket […]
Bonds, stocks and cash equivalents are the three main genetic asset classes. Bonds are also known as fixed-income securities, a bond is a debt investment in which an investor loans money to an entity either corporate or governmental which borrows the funds for a definite period of time at a fixed interest […]
Linkage Assurance Plc said its profit for the year was NGN544.5 million in contrast to NGN 508.5 million recorded in the year 2015, which represents 7% fall. The insurance company said it recorded NGN4.0 billion as gross premium written compared NGN53.7 billion recorded same period 2015. Gross premium income for the […]
Curro Holdings has acquired Southern Business School Proprietary Limited. The group said it will unbundle Stadio in the course of the year. About Curro Holdings CURRO SCHOOLS accommodate learners from age 3 to grade 12. Class sizes are limited to a maximum of 25 learners per class and the IEB […]
My name is Utitofon Ekpenyong, founder and CEO at Fettle Group. I am an innovator, it’s an innate gift – always trying to find new and better ways of getting things done. Specifically, I am a practising medical doctor (with interest in Health Management and Policy) as well as an […]
In a bid to help designers understand and enhance user satisfaction with their products, Hackgrowth 2.0 with designers provided the platform for tech startups who want to ease interaction. It is the second in the series, a number of startup designers were out to garner as much information as possible from the industry […]
On the 17th of JUne, 2017, some of the best user experience, UX, experts and enthusiasts will be attending Hackgrowth with design. Hachkgrowth 2.0 is an event created to showcase how startups can leverage intuitive and data-driven design achitectecture gain huge traction. Here are three compelling reasons why you need […]
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Rio Tinto, the world’s largest producer of Iron Ore said it has cut down its debt by uSD2.5 billion by completing its bond tender and redemption exercises. The nominal value of its outstanding bonds from has been cut from approximately USD21 billion to about USD9.5 billion. The company disclosed that […]
Bonds, stocks and cash equivalents are the three main genetic asset classes. Bonds are also known as fixed-income securities, a bond is a debt investment in which an investor loans money to an entity either corporate or governmental which borrows the funds for a definite period of time at a fixed interest […]
A sudden wave of resignation has hit MMI Holdings as Chief Operating Officer Danie Botes and Chief Executive of Momentum Retail Etienne de Waal have resigned to pursue other interests. The company said Both Danie and Etienne were with the group for more than 20 years and leave a lasting […]
Swedish telecom group, Millicom International Cellular S.A. said its subsidiary Colombia Movil has raised USD300 million syndicated loan. Millicom said the loan, denominated in US dollars, carries an interest rate of 250 basis points over LIBOR and has an average maturity of 4.5 years. The Colombian unit of the group […]
Canadian aircraft maker, Bombardier said it will cut around 2,200 jobs at its German operation which is about a quarter of its total workforce in the country. According to Reuters, Most of the jobs would be cut at the company’s plants in Henningsdorf near Berlin and Goerlitz on the German […]
Altaba, formerly known as Yahoo Inc., has announced the result of its share buyback programme of USD3 billion. The share buyback was done via a “Dutch auction” self-tender offer to purchase up to $3.0 billion of shares of its common stock, which expired at 11:59 p.m., New York City time, […]
Red Star Foundation has donated some relief materials and food to internally displaced persons (IDPs) living in Malkohi camp located about forty kilometers away from Yola the Adamawa State capital. In a release available to PageOne.ng, the Adamawa State Emergency Management Agency (ADSEMA) on receiving the materials on behalf of the state government, commended Red […]
EuroMena is pleased to announce the acquisition of a minority stake of Retail Holding SA, a leading Moroccan Retailer. Proceeds of the investment will mainly be used to fund the expansion of the Group. The Group was established in the mid-80s by Mr. Zouhair Bennani, initially as a single supermarket […]
The Eskom Board wishes to announce the appointment of Mr Johnny Dladla as acting Group Chief Executive with immediate effect. This follows intense consultations between the Minister and Eskom Board to arrive at a prudent choice. Both parties are of firm belief that Dladla’s experience and expertise will stabilize Eskom […]
Southern Business School Namibia appoints Mrs. Feitjie Kapofi (Veldskoen) as Deputy Director. Mrs. Feitjie Veldskoen-Kapofi has an impressive and substantial career track record within both the fields of finance and education. Making her the perfect fit for SBS Namibia. She is a qualified and experienced professional with extensive experience within […]
