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Firm to pay Sh10 billion for firing their CEO


The High Court has ordered two brothers and directors of the Dar es Salaam Cement Co. Limited to pay their chairman and managing director, Mr Pardeep Hans, over Sh10 billion. ....

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Iraqi Company Completes Purchase of Romanian Power Plant

By John Lee. Iraq's Mass Group Holding has completed its purchase of a power plant in Romania on Tuesday (27th December). According to a statement from the administrator, Expert Insolventa SRL, the company has bought the Mintia thermal power plant (pictured) from Complexului Energetic Hunedoara SA for 91.2 million euro ($91 million) in a public ....

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Iraqi Company Buys Romanian Power Plant | Iraq Business News

By John Lee. Iraq's Mass Group Holding has bought a power plant in Romania. According to a statement from the administrator, Expert Insolventa SRL, the company has bought the Mintia thermal power plant (pictured) from Complexului Energetic Hunedoara SA for 91.2 million euro ($91 million) in a public auction. Mass Global Energy Rom, a subsidiary ....

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Boko Haram, others ambush soldiers; attack 4 states in 6 hours

Terrorists and bandits ambushed troops and attacked civilians in Borno, Plateau and Katsina states between Sunday night and the wee hours of Monday, killing many and abducting others. They also attacked a village in the Federal Capital Territory (FCT) where they killed a seven-year-old and abducted nine residents. Osun polls: Gov. Yahaya Bello’s vital warnings […]
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