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Hela Apparel secures US$14m investment for East Africa growth

Sri Lanka's Hela Apparel Holdings has secured US$14m in funding which will be used to expand its manufacturing presence in East Africa.

Norfund unveils Sh1 7bn fund to support Hela Apparel grow its East African operations

Norfund unveils Sh1 7bn fund to support Hela Apparel grow its East African operations
capitalfm.co.ke - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from capitalfm.co.ke Daily Mail and Mail on Sunday newspapers.

Norfund invests $14m into Hela Apparel to bolster its operations

Norfund, the Norwegian government’s investment fund, is investing USD 14m into Hela Apparel to bolster operations in East Africa.

Rasika Karunatilake appointed Managing Director of Sysco LABS Sri Lanka

Rasika Karunatilake has been appointed as the new Managing Director of Sysco LABS Sri Lanka. He previously served as the company’s General Manager and Vice President. Rasika is an industry veteran with 24 years of experience in global technology across the capital markets, telecommunications, financial services, consumer internet and foodservice domains, and has broad experience […]

Panic-selling at CSE results in indices losing 2 per cent but YTD net foreign inflow crosses Rs 4 billion

By Hiran H. Senewiratne The year to date (YTD) net foreign inflow at the CSE crossed the Rs. 4 billion mark on Tuesday but locals remained bearish yesterday and an element of panic selling resulted in indices losing nearly 2 per cent. Foreigners were responsible for net buying of Rs. 468.3 million, boosting the inflow […]

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