NAIROBI, Aug 21 (Reuters) Kenya's mobile firm Safaricom (SCOM.NR) said on Thursday it was buying a 51 percent stake in Kenyan IT firm Onecom for $2.6 million to boost its product range.
"Safaricom intends to acquire 51 percent in Onecom," Michael Joseph told a news conference in Nairobi. "The reason is to broaden our product offering. The acquisition of Onecom provides us with a good position to offer these services." (Editing by Paul Bolding)
WASHINGTON (Reuters) - The top U.S. housing regulator said on Thursday it approved multimillion dollar pay packages for the chief executives of mortgage giants Fannie Mae and Freddie Mac.
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