Interest rates unchanged at 5.25%

The Central Bank Monetary Policy Committee decided on Friday April 8 to keep the interest rates on the marginal lending facility and the deposit facility, remain unchanged at 5.25% and 3.25% respectively.

CyTA defends rate cuts

CyTA has strongly defended its decision to slash international call rates but says it is abiding with a decision of the Competition Commission to revoke the price cuts. CyTA Chairman Stavros Kremmos

Interfund lags GENX return in Q1

Interfund Investments (INF) reported a satisfactory increase in profits during the first quarter on the back of unrealised gains, but failed to keep up with the performance of the overall market, lagging

Napster raises revenue projections

Los Angeles (dpa) – The U.S. online music firm Napster Inc. has boosted its revenue prognosis for the fourth quarter to USD 16.5 to 17.5 mln, up from 15 mln, thanks to