Author: InvestAdvocate

Bank workers live in fear as job losses continue

The wave of sacking that characterised the banking sector a couple of years back has not abated as the axes are dangling on more workers, ADEMOLA ALAWIYE writes Indications have emerged that more bank workers will lose their jobs in 2014 following cost-cutting measures about to be introduced by the […]

GTBank Completes Acquisition of Kenya’s Fina Bank

Press Release Guaranty Trust Bank Plc (GTBank), a foremost African Banking Group has now concluded the acquisition of a 70% stake in Fina Bank Group, after securing the required regulatory approvals in the 3 East African countries – Kenya, Rwanda, Uganda as well as in Nigeria. GTBank acquired a 70% […]

Microsoft names Satya Nadella as new CEO; Bill Gates steps down as chairman

Nadella, 46, replaces Steve Ballmer and becomes only the third leader the company has had in its 38-year history. Microsoft has named Satya Nadella, an executive in charge of the company’s small, but growing business of delivering software and services over the Internet, as its new CEO. Company founder Bill […]