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Mobinil H2 div beats forecasts, aims for LINK deal

 
 

Egyptian mobile telecom operator Mobinil will pay a higher-than-expected dividend for the second half of 2009 and said it was still set on buying the internet unit of one of its main shareholders.

Last Updated  

 
 
 
 
  Egypt delays decision on cement licence cancellation
Egypt has postponed until next Tuesday a decision on whether to either reinstate or confirm the cancellation of two cement licences, a government official and a cement executive said.

Last Updated 11 March 2010

 
 
 
 
  Morocco's Credit Agricole sees strong growth in 2010
Morocco's Credit Agricole, the country's fourth largest in terms of assets, will remain on a strong growth path this year after profit jumped 36 percent in 2009, its chief executive officer said on Wednesday.

Last Updated 11 March 2010

 
 
 
 
  Egypt's Raya uses tech skills to diversify
Egypt's Raya Technology and Communication aims to diversify into logistics to tap demand in a relatively virgin market as it shifts away from its main technology businesses, the firm's chairman said.

Last Updated 11 March 2010

 
 
 
 
  National Bank of Kenya's 2009 pretax climbs
National Bank of Kenya said on Thursday its pretax profit in 2009 rose to 2.16 billion shillings. --reuters--

Last Updated 11 March 2010

 
 
 
 
  Kenya's Co-op Bank doubles its 2009 dividend
Kenya's Co-operative Bank posted a rise in pretax profit for 2009 and doubled its dividend per share to 0.2 shillings, the bank said on Thursday.

Last Updated 11 March 2010

 
 
 
 
  S.Africa's rand steady vs dollar, stock futures down S.Africa's rand steady vs dollar, stock futures down
South Africa's rand steadied against the dollar early on Thursday and was seen rangebound, while stock futures pointed to a weaker start on the bourse.

Last Updated 11 March 2010

 
 
 
 
  Sanlam FY profit up, sees further growth in 2010
South Africa's second-biggest insurer Sanlam lifted 2009 profit thanks to better returns on equity investments and as it built up new customers while existing clients kept their insurance policies.

Last Updated 11 March 2010

 
 
 
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