EAG to acquire Tiger's shareholding in EATBI

East Africa Group (EAG) this week announced its intention to acquire Tiger Brands' 51 percent stake in East African Tiger Bands Industries PLC (EATBI), bringing its shareholding in the business to 100 percent.

IMF warns of further deteriorating economy in South Sudan

The International Monetary Fund (IMF) has warned of further deteriorating economic situation in South Sudan unless quick economic reform policies were adopted and political environment eased.