Twelve days into his job as co- chief executive officer of Deutsche Bank AG (DBK), Anshu Jain stood beside Germany’s finance minister and in front of video images of lush forests and rolling rivers as hundreds of businessmen sang the national anthem. Jain, an Indian-born British citizen who built a career as a London-based investment […]

By Nsanja Patrick This week the business sector has experienced two gross shake-ups; Warid telecom being seized by rival Bharti Airtel, the second leading telecom company in the country, and DFCU Bank suspending its trading on the stock exchange following a major shareholder’s decision to sell off his shares. One advantage of a […]

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By Robert Paul Leitao On April 23rd, Apple (AAPL) released its results for its second fiscal quarter of 2013. Reported revenue of $43.60 billion represented a March quarter record and the third highest quarterly revenue performance in the company’s stored history. However, March quarter earnings per share fell to $10.09, down 18% year-over-year. In today’s […]