When the struggling Rift Valley Railways this week named businessman Charles Mbire to its board of directors, the general feeling among Ugandans was that the country could not have got a better representative.
Microsoft Corporation, the world's largest software developer, has announced a 40 per cent reduction in the cost of its Home & Student version of Microsoft Office 2007. The cost cut, the company said in a staemenet released on August 28th,
BIDVEST is seeking to acquire a 25% stake in Nampak in a share-for-share offer that values the packaging group at about R15,30 a share, or close to R10bn, and depends on a number of suspensive conditions.
PETROCHEMICALS group Sasol had reduced its interest in the Escravos natural gas-to-liquids project in Nigeria, from 37,5% to 10%, the company said yesterday.
GOLD Reef Resorts, the casino company, was forced to withdraw its ordinary resolution to reward executives with vastly discounted shares at its annual general meeting (AGM) late on Wednesday.
SHOCK waves reverberated through the nation on the heels of an announcement that the Federal Government has awarded German transnational, Siemens contracts in the power sector as part of government efforts to ensure stable electricity supply in Nigeria.
MERLUS Seafood Processors in Walvis Bay is the first fishing company in Namibia to obtain certification from both top-ranked food-safety management systems, ISO 22000 and BRC, at the same time.
Crisis rocking Wema Bank Plc yesterday deepened with the sack and arrest of its returnee group managing director (GMD), Mr. Adebisi Omoyeni by the police.
CONSUMER electronics group Amalgamated Appliance Holdings (APH) said yesterday it had been forced to embark on a major restructuring of its businesses to survive a turbulent trading environment in which it recorded its worst operating results in the year to
GLOBAL internet giant Google is being investigated by the Competition Commission for allegedly abusing its dominance by trying to steal a customer away from Cape-based e-marketing company Entelligence.
ALTX-listed integrated housing developer Calgro M3 said yesterday it had listed a R300m corporate bond to raise capital as and when it needed it for its development projects.
The National Association of Itsekiri Graduates (NAIG) has challenged an oil exploration company, Chevron Nigeria Limited (CNL) on what it described as "... corporate irresponsibility, absolute disregard for the Rule of Law and a bid to slight our government," the
A group, known as Coalition Against Import Duty fraud, had accused the company of evading import duty and port charges by under declaring its cement import from 25,000 to 15,000 metric tonnes (mt).
DISCOVERY's share was one of the few stocks gaining ground yesterday after the life insurance and financial services company released full-year results that showed an 8% growth in profit to R1,16bn.
The price of the newly listed Uganda Clays shares soared by more than half due to renewed interest in the company's shares by investors at the Uganda Securities Exchange.
