October 2021 - Lanka Business News

October 31, 2021

Colombo, 30th October 2021: In its first earnings release since its IPO, JAT Holdings PLC announced that it recorded the best 1st half performance in the history of the company for FY 2021/22. Group Revenue for the period was 3,129 million rupees, against 1,809 million during the corresponding period in the year prior. Group PAT […]

October 29, 2021

The startup has taken part in a host of accelerators in the last couple of years including Y combinator, Google accelerator, and Pangea accelerator LAGOS, Nigeria, October 29, 2021/ — Founded in 2019, Workpay (myWorkpay.com) allows SMEs to easily manage and pay their employees from anywhere in Africa. Through a web portal and […]

October 29, 2021

Colombo, October 29th 2021 – Nations Trust Bank’s employees have come together to donate essential medical equipment towards the national COVID response, by donating a half a day’s salary in August 2021. The voluntary donation from the Nations Team was handed over to the Bio Medical Engineering Unit at the Ministry of […]

October 29, 2021

29th October 2021 Colombo: WelcomHotels Lanka (Pvt.) Ltd. proudly announces the completion of three new show apartments on the 35th level of the imposing Sapphire Residences Tower at Galle Face Centre. Prospective buyers can now experience first-hand the vast size and space of the apartments with spectacular panoramic views. A part of […]

October 29, 2021

Sonangol will lead NOC and upstream discussions at Africa’s premier energy event JOHANNESBURG, South Africa, October 28, 2021/ — Representing one of Africa’s leading national oil companies (NOC) from one of the continent’s top hydrocarbons markets, Sonangol continues to be a driving force of Africa’s energy growth. Joining other African NOCs in Cape […]

October 29, 2021

With regard to the news item being circulated in media on the captioned matter, People’s Bank wishes to clarify the following; People’s Bank has come to notice that the Economic and Commercial Counselor of Embassy of People’s Republic of China in Sri Lanka has blacklisted the People’s Bank for not effecting the payments for in […]

October 29, 2021

Ecobank also wins ‘Excellence in SME Banking’ Award LOME, Togo, October 29, 2021/ — The Ecobank Group (www.Ecobank.com), the leading pan-African banking group, has won two awards with its Ellevate Programme. The Financial Alliance for Women honoured Ecobank with its ‘Impact Award’, recognising Ecobank’s work in supporting women-owned and women-focused businesses across […]

October 29, 2021

The Commercial Bank of Ceylon has announced that its Point-of-Sale (POS) devices have been enabled to accept contactless payments via ‘QuickPass’ – the Near Field Communication (NFC) technology of UnionPay cards. With this development, holders of NFC-enabled UnionPay cards and Mobile QuickPass linked with UnionPay cards can make convenient and secure contactless […]

October 29, 2021

New analysis reveals $1.2 trillion investment opportunity over the next 10 years can be realised by building productive market demand for off-grid renewable energy in sub-Saharan Africa JOHANNESBURG, South Africa, October 29, 2021/ — Africa needs energy for development and the socio-economic transformation of hundreds of millions of people. Increasing the productive use […]

October 29, 2021

As an increasing number of countries in Africa are emerging as digital economies, the continent is poised to become the next great manufacturing center of the world NAIROBI, Kenya, October 29, 2021/ — Digitalisation ensures a more sustainable and affordable option for continuity of operations. With Kenya quickly becoming a tech hub for […]

JAT Holdings 1H Revenue Up by 73% and PAT by over 400 million

Nairobi-based YC graduate spreads wings to Nigeria for Core HR, Payroll, and Employer of record services

Nations Team Donate Medical Equipment Towards COVID Response

Sapphire Residences unveils a trio of spectacular new show apartments, enabling clients to visualize their ultimate style for luxury elevated living.

Strengthening the Role of NOCs in Africa: Sonangol Confirms Participation and Diamond Sponsorship at African Energy Week in Cape Town

News on blacklisting of People’s Bank by Embassy of People’s Republic of China in Sri Lanka

Ellevate By Ecobank continues to soar high

ComBank’s Android POS units accept contactless payments of UnionPay cards

Productive use of energy in Africa is powering socio-economic transformation while offering investment opportunities

IEC Telecom Group and Kenyan technology company Ostatech hold reception to discuss digital transformation in Africa