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Lonrho News

Lonrho looks to cash in on Mozambique growth
4 Oct 2011

Lonrho looks to cash in on Mozambique growth

Lonrho, the Africa focused investment firm, has bought an 80% stake in a site in Mozambique which it believes could become a strategically important h...

Lonrho to manage new Ghanaian port
18 Aug 2011

Lonrho to manage new Ghanaian port

Lonrho Ports will be the sole developer and manager of a new oil logstics port in Western Ghana, Lonrho announced on Thursday. Shares in Lonrho, the ...

Lonrho bunks up with easyHotel in Africa
27 Jul 2011

Lonrho bunks up with easyHotel in Africa

Lonrho subsidiary, Lonrho Budget Hotels, has signed a 20 year master franchise agreement (MFA) with easyHotel to open and operate an easyHotel network...

Monday newspaper round-up: Tax cuts, Lloyds, insolvencies
25 Jul 2011

Monday newspaper round-up: Tax cuts, Lloyds, insolvencies

George Osborne has promised to cut "very high" tax rates this autumn to try to head off a row over poor growth figures and warnings from cabinet colle...

Tuesday tips round-up: Stobart, Vectura, Mitie
24 May 2011

Tuesday tips round-up: Stobart, Vectura, Mitie

Yesterday, the logistics group Stobart issued full-year figures, with pre-tax profits falling short of market hopes. But the share price rose as the f...

Lonrho revenues up, but new businesses start slowly
5 May 2011

Lonrho revenues up, but new businesses start slowly

African conglomerate Lonhro reported good growth across its operations in the second quarter, but it said some growth businesses have had a slow start...

Wednesday tips round-up: Cairn Energy, Xaar...
23 Mar 2011

Wednesday tips round-up: Cairn Energy, Xaar...

Cairn Energy moved to a pre-tax profit of $577m (£352m) last year, against a small loss in 2009. Cairn also reported progress in Greenland, where it i...

Lonrho expands in camp services
11 Feb 2011

Lonrho expands in camp services

AIM-quoted Lonrho is acquiring camp services provider AFEX for $3m plus performance-related deferred consideration of up to $7m. The deferred paymen...