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Thursday, April 18, 2024

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CEO Absa, Daniel Mminele Exit Creates More Headache For Lender

April 25, 2021April 25, 2021 gitficonline_admin

Absa Group Ltd.’s parting of the way with Chief military officer Daniel Mminele following a boardroom wreck leaves the longer

Heineken NV’s Nigerian unit temporarily shut two factories in the West African nation, plagued by the depreciation of the currency that increased costs and impaired the purchasing power of consumers.

Nigerian Breweries Plc has nine plants in the country and is “providing strong support and severance packages to all affected,” the company said in a filing. The move will help the company reverse a 15% capacity expansion over the past decade and reduce costs, Managing Director Hans Essaadi said in an interview in Lagos on Wednesday.

GITFIConline️ 9 hours ago

Heineken NV’s Nigerian unit temporarily shut two factories in the West African nation, plagued by the depreciation of the currency that increased costs and impaired the purchasing power of consumers. Nigerian Breweries Plc has nine plants in the country and is “providing strong support and severance packages to all affected,” the company said in a filing. The move will help the company reverse a 15% capacity expansion over the past decade and reduce costs, Managing Director Hans Essaadi said in an interview in Lagos on Wednesday.

GITFIConline️ 12 hours ago

The IMF projects Ghana’s growth to reach 4.4 percent by the end of 2025, as stated in its Global Economic Outlook released during the Annual World Bank/IMF Spring Meetings in Washington DC on April 16, 2024.

gitficonline.com

IMF forecasts a growth rate of 4.4% for Ghana in 2025

The IMF projects Ghana's growth to reach 4.4 percent by the end…

GITFIConline️ 12 hours ago

Iran’s president, Ebrahim Raisi, issued a stern warning against Israel, cautioning that even the slightest provocation would trigger a severe retaliation #gitficonline

gitficonline.com

Iran Pledges A Forceful Retaliation If Israel Strikes

Iran’s president, Ebrahim Raisi, issued a stern warning against Israel, cautioning that…

Former Gender Minister and MP for Agona West constituency, Cynthia Morrison loses Agona West NPP...

From us to all our Cherished Muslim Followers. #gitficonline #eid #eidmubarak

The Ghana Private Roads and Transport Union (GPRTU) and the Ghana Road Transport Coordinating Council...

GHANA INT'L TRADE & FINANCE CONFERENCE @GITFiC2024 @GITFiC2024

Our call for a #GlobalDebtInitiative remains the only short-medium term way out for developing nations. The fragmented approach to Creditors is not sustainable

Tema, Ghana

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