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Archive for May, 2008

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Quoting Loan Fixed BH 2008

Saturday, May 31st, 2008

Banque de l’Habitat has brought to the attention of their guests that subscriptions to the Loan Fixed BH 2008, amounting to 70 million dinars, opened on 05 May 2008, were closed on May 28, 2008.

KenGen receives Shs 3.6 billion credit to upgrade Kipevu

Thursday, May 29th, 2008

KenGen has today signed a €40 million (Shs 3.6 billion) credit agreement with the French Development Agency (AFD) to upgrade the capacity of Kipevu thermal plant by 30 megawatts, from 60 –90 megawatts.

Anglo American plc notification - Kumba Iron Ore

Wednesday, May 28th, 2008

Anglo American wishes to draw attention to the announcement made today by Kumba Iron Ore in relation to the role of Chief Executive Officer. Kumba Iron Ore (“Kumba”) announces the following changes to its senior executive team

Union Bank Commits N6.2bn to agriculture

Sunday, May 25th, 2008

Union Bank of Nigeria PLC has restated its steadfastness to continue partnering with the Federal Government to promote the development of the real sector of the national economy and boost agricultural production, in particular by increasing its exposure to farmers from N4.5billion to N6.2 billion this year.

Barclays reports on sustainability strategy

Tuesday, May 20th, 2008

Barclays today launched its 2007 Sustainability Review at an event attended by government officials, industry commentators and key business stakeholders in London.

MTN Group to introduce local shareholders in MTN Cyprus

Monday, May 19th, 2008

The MTN Group has announced that it will, in a series of transactions, dispose of 50% of its shareholding in Areeba Limited, trading as MTN Cyprus, to Amaracos Holding (CTC&PG) Limited (Amaracos).

EFG-Hermes 1Q2008 Earnings Release

Monday, May 19th, 2008

Performance during 1Q08 reflected the success and strength of Group’s business model. Despite the
weakness of the markets within which it operates, with volumes rebounding in comparison to the same
period the previous year but declining from the 4Q07 levels and valuations trading sideways; EFG-Hermes recorded impressive growth in both revenues and bottom line.

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