Author: PageOne

Global

Kinnevik AB appoints Georgi Ganev as CEO

Several months after its CEO resigned, Kinnevik AB said it has appointed Georgi Ganev as its Chief Executive Office with effect from 1 January 2018. Chairman of the Board of Kinnevik, Tom Boardman,said: “In Georgi Ganev, Kinnevik will have a CEO with a keen appreciation of Kinnevik’s strategy, our markets […]

EFCC raises fraud alert on Canada visa lottery scam
Scams

EFCC raises fraud alert on Canada visa lottery scam

The Economic and financial crimes commission EFCC has declared the ongoing Canada visa lottery scheme as scam. Only the United states of America is known to have a lottery program in place. The commission specifically mentioned in a tweet via its official Twitter account that the Canadian has no business […]

Sanlam sells stake in Ghana’s Enterprise Insurance
JSE SENS

Sanlam sells stake in Ghana’s Enterprise Insurance

Sout Africa’s largest composite insurance group, Sanlam said it has sold off its 40% equity in Ghana’s Enterprise Insurance. For selling its stake in Enterprise Insurance, Sanlam received a monetary value of USD130 million. However, the company will remain in Ghana which means Sanlam will now be competing with its […]

Sky Italia gets equity in V-Nova
Global

Sky Italia gets equity in V-Nova

Sky PLC, said its subsidiary in Italy, Sky Italia has converted into a minority equity stake in V-Nova, a GBP4.5 million financing it provided to V-Nova. V-Nova is a London-based company developing video compression technologies. 1. References to V-Nova are to V-Nova International Limited 2. Gross assets subject to the […]