Kenyan Billionaire Investor John Kimani raises stake in Kakuzi plc to 32%

KENYA – One of Kenya’s most prominent investors, John Kibunga Kimani has bought an additional 263,526 shares in Kakuzi with a current market value of Sh101 million (US$973,00), raising his stake to a new high […]

Sugar giant Tongaat Hulett to delist from London Stock Exchange

SOUTH AFRICA – South African sugar producer Tongaat Hulett has unveiled that it will delist its shares from the London Stock Exchange to cut costs and streamline its shareholding structure. Amid low trading volumes in […]