60% of SMEs globally not supported to tackle bribery and corruption

Karachi, December 03, 2019: The research, commissioned by the Association of Chartered Certified Accountants (ACCA), has highlighted that of 932 cross-sector accountants surveyed, fewer than one in three believe there is enough support for small businesses to tackle bribery and corruption. In the professional accountancy body’s report Combating bribery in the SME sector, respondents outlined…

Read More

KE signs US$ 50 mln loan agreement with Standard Chartered supported by GuarantCo for upgrading power infrastructure

Karachi, October 01, 2019: K-Electric has signed US$ 50 million loan agreements with Standard Chartered which is supported by GuarantCo to undertake upgradation of power infrastructure including the installation of theft-resistant Aerial Bundled Cable (ABC) as well as smart grid solutions. The financing documents were signed at KE head office by Moonis Alvi, CEO and Rizwan…

Read More