Puzey & Payne acquired by management
Puzey & Payne was acquired by its management through a buyout.
Africa
Kenyan President William Ruto Considers Crypto Mining to Power Energy Sector Growth
President William Ruto revealed ongoing discussions with companies such as Marathon Digital, signaling a possible transformation in Kenya's economic terrain.
Businessman Who Shot His Wife to Death Thinking She Was an Intruder Gets Only 12 Years in Prison
A South African businessman was sentenced to 12 years in prison for shooting his wife to death after he mistook her for an intruder in their home...
Tesla Slashes EV Prices in China, Germany and Other Countries in Europe as Sales Drop
Tesla has implemented price reductions in key markets such as China, Germany, and other European countries, following similar cuts in the United States...
Moderna Pauses Kenya Plant Plan After Losing $1 Billion as COVID-19 Vaccine Demand Slumps
Moderna announced on Thursday that it has decided to halt its plans to construct a vaccine manufacturing facility in Kenya due to a decrease in demand for COVID-19 vaccines after the pandemic...
Latest News
Deals of the day - bids, mergers and acquisitions
The following bids, mergers, acquisitions and disposals were reported on Friday.
Energy sector in Kenya needs to improve - Agency
The Energy Regulatory Commission said that the country needs to improve its energy sector.
Rwanda meets target 6 months sooner
Rwanda reached its yearly projected investment amount after only six months.
FirstRand’s bid to buy Merchant Bank Ghana fails
South Africa's second-biggest financial services corporation's talks to purchase Merchant Ghana Bank failed.
Eskom can't fill US$25 billion worth funding gap
Eskom Holdings SOC Ltd would face US$25 billion funding gap even if it put its bonds on sale.
ADM gets clearance for GrainCorp acquisition
Today, ADM was notified of an approved clearance by the South African Competition for its proposed acquisition of GrainCorp Limited.
Morocco is new investment hub - Analysts
Due to free trade agreements with many nations, Morocco is set to become the next investment hub, analysts said.
Forte Energy proposes to acquire Leo Mining and Exploration Ltd
Forte Energy NL entered a non-binding contract for the intended purchase of Leominex for the growth of its uranium portfolio.
Kenya to introduce derivatives.
Kenya stated plans to introduce derivatives into its market.
