Africa Matters

Safaricom Sacco new shares offer seeks Ksh1 Billion for expansion

One of the largest SACCOS in the private sector plans to construct a 15-storey office complex right across Safaricom headquarters   Nairobi, Kenya 30th September, 2015 – Safaricom Sacco- one of fastest growing private sector SACCOs in Kenya –has issued new shares seeking Ksh1 Billion to fund strategic expansion.    It also plans to construct a proposed 15-storey office complex opposite…

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Dangote Cement wins Business of the Year award at the African Business Awards ceremony on the sidelines of the UN General Assembly in New York

  Daphne Mashile Nkosi, Strive Masiyiwa, Helen Hai and Mohammed Dewji are among the top business leaders who were recognised at the 2015 African Business Awards held tonight at the Four Seasons Hotel in New York, on the sidelines of the UN General Assembly. The Awards, organised by African Business magazine, also commended leading businesses including Dangote Cement, Guaranty Trust…

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National Bank scoops the ICS “Best Bank in Customer Service” award

  Institute of customer Service ranks NBK service best from a customer satisfaction poll   Nairobi Kenya, Tuesday, 29th September, 2015 – National Bank of Kenya ( NSE: NBK) has announced receiving this year’s “Best Bank in Customer Service” award from the Institute of Customer Service (ICS) – Kenya. This win represents the best performance ever recorded by National Bank of Kenya in this…

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Transition to a low-carbon economy essential development progress take off

Head of Multi-billion Climate Investment Funds (CIF) says SDGs and Climate Week send a loud and clear message With the Sustainable Development Goals now adopted and Climate Week drawing to a close in New York, Mafalda Duarte, Program Manager of the Climate Investment Funds says the activity and impetus around climate and development sends “a loud and clear message”…

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100,000USD ONE Africa Award Deadline Extended by One Week

  Applications NOW being accepted until September 7, 2015   JOHANNESBURG, South Africa, August 31, 2015/— The deadline for applying for the 2015 ONE Africa Award has been extended until midnight Monday, September 7, 2015.   Africa-led, Africa-driven organizations now have an additional week to submit their applications for consideration for the Award.  The Award honors outstanding contributions by African…

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SWALA OBTAINS LICENCE EXTENSION TO PROGRESS DRILLING CAMPAIGN

  Swala Oil & Gas (Tanzania) plc (‘Swala’ or ‘the Company’) declared yesterday that the Ministry of Energy and Mining (MEM) has agreed to extend the period within which an exploration well must be drilled in each of the Kilosa-Kilombero and Pangani licences to the 20th February 2017. This one-year extension is to be deducted from the 4-year additional…

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