Briefs
Liberty Holdings eyes Ethiopia, Rwanda as Ghana deal nears completion
Liberty Holdings is in the final stages of buying an asset management firm in Ghana and is also looking to Ethiopia, Rwanda and Nigeria for potential deals, its chief executive said on Wednesday.
By Helen Nyambura-Mwaura
Like many other South African companies, Liberty is looking past its mature home country for opportunities in fast-growing sub-Saharan markets. The strategy is in line with that of its top shareholder, Standard Bank, which is also expanding widely on the continent.
(1 US dollar = 11.1739 South African rand)