August 22, 2016/Reuters South African mobile phone company MTN Group will sell shares worth 9.9 billion rand ($729 million), a 4 percent stake, to black investors to meet government quotas on black ownership. Africa’s biggest telecoms firm said the new black economic empowerment deal would be launched via a public […]
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PwC Report Says Now Opportune Time for Africa Oil & Gas Industry to Attract Investors
August 22, 2016/PricewaterhouseCoopers LLP (PwC) The decline in the global oil price has led to a reduced level of activity across the African continent and had an impact on countries that traditionally depend on oil & gas revenue South Africa, August 22, 2016/ — The decline in the global oil […]
NSE to sanction 14 firms for earnings’ report default
22/8.2016/The Nation By: Taofik Salako The Nigerian Stock Exchange (NSE) will sanction 14 firms for failing to meet July 31 deadline for the submission of their interim financial and operational reports, it was gathered at the weekend in Lagos. Sources at the Exchange said the firms were to submit their […]
