Agro National Corporation
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NewsFormer MP ousted over debt appointed Managing Director of AgroNat
Mohamed Sinan, a former MP who lost his seat over an unpaid debt, has been appointed Managing Director of Agro National Corporation. The appointment follows AgroNat’s restructuring as a MIFCO subsidiary. Additionally, MIFCO's Managing Director, Mohamed Anas, has been named Chairperson of the corporation.
NewsFenaka offers voluntary redundancy packages for STELCO merger
Fenaka Corporation is offering voluntary redundancy packages with three months' salary as it prepares to merge with STELCO. This move is part of a broader government initiative to restructure state-owned enterprises and reduce the workforce by 33 percent to cut public expenditure. Interested staff must submit their resignations by tomorrow.
