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Centenary Bank plans to list 5%-10% of its shares on the Uganda stock exchange, following announcements from two shareholders to exit soon. The bank, which has substantial assets and a …
Centenary Bank in Uganda to Offer 5%-10% Stake on Local Stock Exchange Read More
Kenya Airways will repay USD150 million to the Kenyan government by mid-2025 due to a shareholder loan agreement. The Treasury had to settle this amount after banks rejected bond repayments, …
Kenya Airways to Repay $150 Million to Government by Mid-2025 Read More
The article outlines the financial scandal involving LarrainVial Activos AGF and its Capital Estructurado I fund, charged with mismanagement and facing regulatory scrutiny from Chile’s CMF. Relaunching in late 2022, …
Chile’s LarrainVial Activos AGF: The Complications of Capital Estructurado I Fund Read More
Caixa Seguridade of Brazil has filed for a secondary share offering involving 82.5 million shares owned by its controller, Caixa Economica Federal. The offering is valued around 1.32 billion reais …
Caixa Seguridade Initiates Secondary Share Offering in Brazil Read More
Hess Corp. is confident of winning arbitration with Exxon Mobil Corp. over a claim involving its stake in the crucial Stabroek block for a $53 billion Chevron takeover. CEO John …
Hess Corp. Asserts Confidence in Winning Exxon Mobil Arbitration Related to Chevron Merger Read More
The MACC is investigating former Prime Minister Ismail Sabri, having questioned 32 individuals and uncovering over RM170 million in questionable assets. Delays ensue due to his health issues, affecting the …
MACC Investigates Ismail Sabri Yaakob: Key Developments in the Probe Read More
The Moreira Salles family intends to acquire all of Verallia’s outstanding shares at 30 euros each, valuing the firm at 6.1 billion euros. This follows previous interest in acquiring a …
Moreira Salles Family Proposes Takeover of French Bottler Verallia Read More
Cleary Gottlieb facilitated Paraguay’s issuance of $600 million and PYG 4.74 trillion in bonds, marking its first international offering after receiving an investment grade rating. The bonds were offered concurrently …
Paraguay Successfully Facilitates $600 Million Bond Offering and Debt Management Read More
Safaricom remains silent about its first money market fund, Mali, which was launched in 2020, while promoting Ziidi, its new fund. Ziidi received regulatory approval in November 2024 and has …
Safaricom Remains Silent on Mali Fund as Ziidi Launches Amid Controversy Read More
Tmcel, a Mozambican mobile operator, faces service disruption in Maputo due to vandalism, affecting customers’ voice and data capabilities. The company reported reduced financial losses in 2023 and is focusing …
Service Disruptions for Tmcel Customers in Maputo Due to Vandalism Read More