On The Money - In Brief

Mergers, Acquisitions and Financial Results

- The Chairman of the National Investment Commission (NIC), Richard Tolbert, has challenged Liberian business entrepreneurs to forge partnership with multilateral financial institutions in the United States and Africa, especially the African Growth and Opportunity Fund, for loan assistance to build their capacities. NIC has begun creating opportunities for Liberian businesses through the internet. The website would provide detailed information on Liberian-owned businesses and foreign partners for greater investment in Liberia.

- Botswana Telecommunications Corporation (BTC) and publishers of its telephone directory African Directory Services (ADS) have fallen apart as the landline monopoly has cut short the five-year directory-publishing contract. ADS will no longer be selling advertising space and updating customer data