
Javier Ferran-led Diageo increases stake in Tanzanian alcohol subsidiary, EABL
East African Breweries Limited has increased its stake in its Tanzanian subsidiary to 85 percent.
East African Breweries Limited has increased its stake in its Tanzanian subsidiary to 85 percent.
This follows Sibanye’s purchase of a 30-percent stake in the Finnish lithium hydroxide project Keliber in February.
Simba SC is a leading football club in East Africa and one of the two biggest clubs in Tanzania.
Thomas leads the company’s board as non-executive chairman.
The company has staged the largest-ever short-term rally on the Nairobi Stock Exchange.
The gain came on the back of a nearly 50-percent rise in the shares of the Ghana-based lender.
The market value of his stake has increased from $14.22 million between June 21 and July 24.
The company will offer the market seamless payments solutions with its globally acclaimed product, Tingg.
When compared to last year’s figures, the Singapore-based company suffered a 19.2-percent decline in earnings.
Tinubu’s company, Oando, has agreed to pay all monetary penalties stipulated in an SEC letter in 2019.
Capitec is South Africa’s largest lender by number of customers and a leading global brand.
As of press time, its shares were trading 7.17-percent lower than its opening price for the day.
Sakunda Holdings claims the effort will help the state mitigate the effects of COVID-19 in the country.
The rise in the market value of his shares occurred on the back of sustained bullish sentiment in the company.
ENL Limited is a holding company of ENL Group, a broad-based enterprise managing over 120 brands.
The DRC Hydrocarbons Ministry made the announcement.