International Breweries shareholders approve raising capital through Rights Issue

NIGERIA – The shareholders of International Breweries Plc have approved the company’s ‘Rights Issue’ as proposed by the Board of Directors and further authorised the board to take all steps required to give effect to […]

Zeder shareholders to rip big upon completion of Pioneer Foods buyout

SOUTH AFRICA – Agribusiness and food-focused investment group Zeder expecting subdued value growth in the rest of its financial year, is set to return capital to shareholders and invest in new opportunities if the sale […]

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 […]