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Centum’s profit before tax increases by 27pc

BUSINESS

Kenya’s Centum Investment Co said on Monday its first-half pretax profit surged 27 percent to Sh2.1 billion boosted by higher investment income.

Airtel Africa appoints banks for IPO

Airtel Africa appoints banks for IPO

Airtel Africa, a unit of Indian telecom operator Bharti Airtel Ltd, said on Monday it had appointed eight banks for an intended initial public offer.

Reuters and Valentine Kondo | 2 years ago

US associates to improve electricity network for New Guinea

The US, Australia, New Zealand and Japan said they would work together to ensure most of Papua New Guinea had access to electricity by 2030.

Reuters and Valentine Kondo | 2 years ago

Banks deny of possible mergers

Nigeria’s Diamond Bank and rival Access Bank have denied merger or acquisition talks.

Reuters and Valentine Kondo | 2 years ago

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