World Bank considers suspending funding to Tanzania over changes in the Statistics Law

Assaf Reches, Publications

Klapton’s RUC* Committee reviewed the global lending institution statement that the law would undermine the production of useful and high quality data. The Tanzania lawmakers passed amendments to the Statistics Act that would impose fines, at least three years jail time, or both, on anyone who questioned the accuracy of official figures. Tanzania attorney general […]

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Klapton approves 2017 Financial Statements

Announcements, Shay Reches

Rob Bygrave, the CFO of Klapton announced that the 2017 Financial Statements had been approved by the Board, following completion of the audit by SECC, a leading West African audit firm, with significant experience in auditing financial sector companies. Mr Bygrave further commented that the results showed a significant improvement on 2016, particularly with a […]

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Klapton receives Investment Grade rating from Bloomfield Investment Corporation credit rating agency

Announcements

Rob Bygrave, the CFO of Klapton is pleased to announce that the Company has just been awarded an A1- (Investment grade) short term credit rating and a BBB+ (Investment grade) long term credit rating by Bloomfield Investment Corporation. This rating will enable Klapton to significantly develop its business in the WAEMU region, there is already […]

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