Money News – In Brief

Mergers, Acquisitions and Financial Results

- The Standard Bank Group has announced that they have secured financing worth US$85million for Helios Towers Tanzania Ltd (HTT), a subsidiary of Helios Towers Africa Ltd (HTA), to finance the next phase of its network of telecommunications towers across Tanzania.

- Kenay's Safaricom has apologised to its customers after its mobile banking service suffered a network outage over the weekend.