The domestic equities market closed the week on a positive note, driven by bargain hunting in MTNN (+6.4%) following the NCC’s approval of a 50.0% tariff hike for telecommunication services. The market also reacted positively to TRANSPOWER’s (+8.0%) positive earnings release and accompanying dividend payment. Consequently, the All-Share Index (ASI) […]
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Africa’s Power Revolution: Mission 300 to Light up Continent’s Future
The initiative, dubbed ‘Mission 300’ (M300), represents an unprecedented collaboration between the African Development Bank and the World Bank Group, alongside other global partners January 24, 2025/AfDB Exceptional World Bank Group-African Development Bank Collaboration to Connect 300 million People to Electricity by 2030 Dar es Salaam Energy Summit to Chart […]
SanlamAllianz Re Ltd Earns A- (Excellent) Rating from AM Best
The BCAR scores are expected to remain at the strongest level as SAZ Re executes its growth plan, which is supported by organic capital generation January 25, 2025/SanlamAllianz Re Ltd ST PIERRE, Republic of Mauritius, January 24, 2025/ — SanlamAllianz Re Ltd (SAZ Re), a leading reinsurance company with a […]
