Home > Markets
MarketsNews

Mauritian Company Acquires 51.18% Controlling Stake In Quality Chemical Industries In Shs94.6bn Deal

Mauritian based investment company, Africa Capitalworks SSA 3, has completed the acquisition of 51.18% stake in CIPLA Quality Chemical Industries Limited. Africa Capitalworks SSA 3 (ACW SSA 3) acquired 1,864,299,646 and 4,871,038 Ordinary Shares of Cipla Quality Chemical Industries Limited (QCIL) from Meditab Holdings Limited and Cipla (EU) Limited, respectively, collectively comprising

Read More
AgribusinessCommoditiesMarkets

Kenya Agricultural Commodities Exchange Goes Live Next February, Produce To Be Drawn From Kenya, Uganda & Rwanda

Kenya’s planned agricultural produce exchange is scheduled to go live in February next year, the Trade and Investment Ministry said in a disclosure. The ministry said the Kenya National Multi Commodities Exchange (Komex) is scheduled to commence mock trading on January 29, 2024 and go live on February 26, 2024.

Read More