Alexander Forbes: Several African acquisitions on radar

Published Nov 6, 2014

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FINANCIAL services advisory firm Alexander Forbes was considering potential acquisitions in several African countries including Ghana and Tanzania, chief executive Edward Kieswetter said yesterday. The company is now looking to re-enter Tanzania and Malawi and is also eyeing Ghana, all English-speaking countries. It was not interested in a return to Portuguese-speaking Mozambique, Kieswetter said, adding he was only keen on countries implementing pension-sector reforms. Its shares rose 0.22 percent to R8.97 yesterday. – Reuters

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