Press Corporation plc (PCL) says it is working on an expansion strategy through mergers and acquisitions (M&As) and has lined up a number of projects to achieve the objective. Speaking during the 39th Annual General Meeting in Blantyre on Friday, PCL chairperson Randson Mwadiwa, who reported a K36.3.1 billion profit after-tax in the year ended
Parliament yesterday passed the Press Trust Reconstruction Act (Amendment) Bill which, among others, seeks to cut its financial distribution stake and empower it to retain more funds from its profits for re-investment. The Bill also enables the trust to support its investments by “borrowing or guaranteeing borrowing by its subsidiary and associate companies”. Presenting the
Tafika Holdings disowns flopping rumours on PTC partnership maravipost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from maravipost.com Daily Mail and Mail on Sunday newspapers.