Angel

Growth

  • Kenya Airways eyes expansion in the robust Chinese market May 19, 2024 11:05 pm Kenya Airways plans to expand in China, launching a direct Nairobi-Beijing flight, leveraging partnerships with Chinese airlines, and recruiting Chinese-speaking crew, driven by China’s robust aviation market. The Chinese market, known for its competitive …
  • What $60m extra capital for Tanzania glass firm means May 19, 2024 9:16 pm Dar es Salaam. Tanzanian glass bottle manufacturer Kioo Limited has received its much-needed boost, thanks to $60 million (about Sh156 billion) capital injection from the International Finance Corporation (IFC) and Standard Bank of South Africa. Kioo …
  • U Capital gets investment banking license from FSA May 19, 2024 6:51 pm Muscat – Ubhar Capital (U Capital), a leading financial services firm in Oman, announced that it has officially been permitted to engage in investment banking activities by the Financial Services Authority. As the first Omani private company to be awarded …
  • Budget needs to focus on macroeconomic stability, tax net expansion May 19, 2024 5:28 pm Experts at a pre-budget meeting stressed to focus on macroeconomic stability and effective measures in widening tax net in the coming national budget. They also suggested taking strict measures to ensure good governance and restore discipline in the …
  • Figaro spending P1 billion this year for group-wide store expansion May 19, 2024 5:26 pm MANILA, Philippines — Figaro Coffee Group Inc. (FCG) is earmarking about P1 billion for capital expenditures this year to sustain its growth. FCG chairman Justin Liu said of the almost P1 billion group-wide capex, at least P500 million would be spent for …
  • Two New Hotels Are Coming to the Dominican Republic’s Capital  May 19, 2024 4:36 pm A pair of new hotels will soon debut in Santo Domingo, Dominican Republic, part of the expansion of Southeast Asian operator Archipelago International.  The company, whose Caribbean operations have been focused in Cuba, will be opening two new hotels in …
  • Ubhar Capital receives investment banking licence from FSA May 19, 2024 3:55 pm BUSINESS REPORTER MUSCAT, MAY 19 Ubhar Capital SAOC (U Capital), a leading financial services firm in the Sultanate of Oman, has announced that it has officially been permitted to practice the activities of an Investment Bank by the Financial Services …
  • Costco: The Multiple Expansion Train Marches On (Rating Downgrade) May 19, 2024 2:09 pm BING-JHEN HONGCostco (NASDAQ:COST), a simple old-fashioned business, continues to shine in a tech-driven market. Somehow, Costco has figured out the recipe for high-single-digit growth in almost every environment. That, combined with dedicated members and …
  • Addressing Ethical Challenges in Business Expansion May 19, 2024 8:48 am — Today’s businesses are continually pressed to expand and scale at a breakneck pace. However, with growth comes a complex array of ethical challenges that can significantly impact both reputation and operational viability. Maintaining a steadfast …
  • Delta to spend US$50m on capital projects May 19, 2024 4:24 am Group chief executive officer Matlhogonolo Valela LISTED beverage maker, Delta Corporation Limited (Delta) is hoping to invest about US$50 million into its operations in the current financial year to ramp up production. Amid an uncertain economic …

Buyout

Secondary