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Safaricom sees drop in Ethiopia licence bid price after govt restricts mobile money to domestic firms

2020-11-16 09:46:00| Telecompaper Headlines

(Telecompaper) Disclosures contained in a transcript call covering events to the end of July, said Business Daily, reveal that Safaricom sees a licence without mobile money hurting profitability and lengthening the period to recoup the investment. CEO Peter Ndegwa said a licenve that does not include a mobile money license will significantly reduce the level of profitability and therefore in essence, Safaricom's bid price for the licence but also the profitability and payback period.

Tags: price money mobile drop

 

US Oil, Gas Rig Count Sees Double-digit Increase

2020-11-13 19:25:06| OGI

The oil and gas rig count rose 12 to 312 in the week to Nov. 13, energy services firm Baker Hughes Co. said in its weekly report.

Tags: increase count gas oil

 
 

North West sees job ads surge while London lags

2020-11-13 01:08:33| BBC News | Business | UK Edition

Nurses are in demand as vacancies climb to pre-pandemic levels, but with big regional variations.

Tags: north west job london

 

Bisto and Ambrosia custard-firm Premier Foods sees covid boost

2020-11-10 10:50:15| BBC News | Business | UK Edition

The firm attracts over a million new customers as people turn to comfort foods during the pandemic.

Tags: premier foods sees boost

 

IEA Sees New European Lockdowns Denting Oil Demand Outlook

2020-11-09 15:12:36| OGI

Renewed lockdown measures in Europe aimed at containing a rise in COVID-19 cases appear set to push the outlook for global oil demand toward the downside, an official with the International Energy Agency (IEA) said on Nov. 9.

Tags: oil european demand outlook

 

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