Malawi to receive USD 8 Million Insurance Payout from African Risk Capacity: The African Risk Capacity Insurance Company Limited (ARC Ltd) (http://Ltd.ARC.int) is processing an insurance payout of approximately USD 8.1 million to the Government of Malawi to support its response to the drought which resulted from the poor 2015/16 agricultural season. The Minister of … [Read more...] about Malawi to receive USD 8 Million Insurance Payout from African Risk Capacity
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AECI makes special payout after land sale
AECI Ltd, a South African chemicals and explosives manufacturer, declared a special dividend after selling 1 600 hectares of land near Johannesburg to Chinese developer Shanghai Zendai Property Ltd. The payout of R3.75 a share is in addition to an ordinary dividend of R2.25 a share for 2014, itself a 7 percent increase from 2013, AECI said in a statement on Tuesday. Profit … [Read more...] about AECI makes special payout after land sale
