Company News

Kampala — Telecom service provider, Airtel Uganda, ended the 2016 financial year with 85.6% growth in net profit to Shs 160.45bn on the back of improved uptake of mobile money, value added services and data.

Loyalty Insurance Company Limited, a non-life insurer, has been urged to operate within the confines of the law and adopt best corporate governance practices.

The gold mining companies contributed GH¢1.6 billion cedis in direct taxes to the Ghana Revenue Authority (GRA), last year, representing 15.8 per cent of the total revenue collected.

African Chrome Fields (ACF) is set to commission a $15 million state-of-the-art aluminothermic plant to process chrome fines into ferrochrome by February next year, a company official said yesterday.

About 10 companies in Belgium are reported to be eyeing The Gambia for investment in various sectors of national development.

French oil giant Total, which is consolidating its position in the region's extractives sector through its full acquisition of Maersk Oil and Gas stake in Kenya's South Lokichar oilfields, plans to push for discussions that would see Kenya's oil transported through the Uganda-Tan...

A Deputy Minister for Information and Member of Parliament for Akuapem North, Nana Ama Dokuaa Asiamah Agyei, has made known government's intention to make Ghana Publishing Company Limited (GPCL) a printing powerhouse in the country.

As a result the capacity to communicate and access to information in Zambia have significantly increased with the provision of digital satellite, internet and mobile networks in the country.

Cacuso — At least USD 310 million is the total value of an investment contract signed between private companies for the production of cereals, vegetables, fruits and meat in the Agro-industrial Complex of Capanda (PAC) in northern Malanje province.