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  • [ April 10, 2021 ] Giorgos Karaivaz: Veteran crime journalist shot dead in Greece World
  • [ April 10, 2021 ] Businessinsider.co.za | Namibia is open to international travel – and it’s never been cheaper or quieter Across Africa
  • [ April 10, 2021 ] Covid: Over 100 Paris restaurant diners fined for violating rules World
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HomeFinancial Markets

Financial Markets

Financial Markets

Nigeria: Shares of these FMCG companies grew by more than 55% in 97 days of 2021

April 8, 2021 odisomajor 0

It is no longer news that the performance of the Nigerian Stock Exchange – the world’s best-performing stock market for 2020 – was disappointing in the first quarter of 2021. Despite a positive annual reporting […]

Financial Markets

Nairobi Securities Exchange Acquires 4% Stake in Dar es Salaam Stock Exchange

April 8, 2021 odisomajor 0

The Nairobi Securities Exchange (NSE) has disclosed that it has acquired a 4 per cent stake in the Dar es Salaam Stock Exchange citing strategic reasons. “Back in 2017, we took a position in the […]

Financial Markets

Nairobi Securities Exchange seeks sale of State stake in Safaricom, KPA

April 7, 2021 odisomajor 0

The Nairobi Securities Exchange (NSE) has stepped up its push for the sale of additional government stake in Safaricom and cash-rich parastatals like Kenya Ports Authority (KPA) to cut the State appetite for expensive loans […]

Financial Markets

Kenya Airways shares suspension extended for nine months

April 7, 2021 odisomajor 0

The Capital Markets Authority (CMA) has extended a share trading freeze on national carrier Kenya Airways for another nine months as the airline prepares for the State takeover bid. KQ shares were initially suspended from […]

Financial Markets

Uganda: Dividends for banking investors down but better than expected

April 6, 2021 odisomajor 0

Kampala, Uganda | ISAAC KHISA | 2020 was a tough year in almost all fronts: public health, production, new orders, employment, and demand, among others. The once growing economy contracted and interest rates took a […]

Financial Markets

Tanzania: DSE equities turnover bounces back to billions

April 6, 2021 odisomajor 0

Dar es Salaam Stock Exchange (DSE) equities market turnover has bounced back with impressive performances this week thanks to massive movement from three pre-arranged block trading. The market turnover leaped ten times to 11.66bn/- for […]

Financial Markets

Nestlé’s capitalization on NSE sheds N103 billion in market value in Q1 2021

April 6, 2021 odisomajor 0

Nestlé Nigeria Plc lost a total of N103 billion in market capitalization in the first quarter of 2021, following the decline in the shares of the leading fast-moving consumer goods company. The decline in the […]

Financial Markets

Trading on Taaleem to start on April 7th: EGX

April 5, 2021 odisomajor 0

The Egyptian Exchange (EGX) announced that trading on Taaleem Management Services’ (TALM) shares will start on April 7th, according to company disclosure. Trading during this session will not be subject to the circuit-breaker mechanism, which pauses trading if a given stock […]

Financial Markets

AM Weekly Market Commentary – April 2, 2021

April 5, 2021 odisomajor 0

Overall sentiment on African equity markets was mixed. Among the markets we cover, 9 of them advanced during this short week while 8 retreated. Zimbabwe led the pack as equities in Harare gained 4.75%. Conversely, […]

Financial Markets

EGX: Taaleem Management Services' public offering covered 29.38 times

April 4, 2021 odisomajor 0

Taaleem Management Services (TALM) said that its public offering was covered 29.38 times on April 1st, according to Al-Mal.  The company offered 17.89 million shares, however, the purchasing orders reached 525.6 million, according to the […]

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Business

Business

Rwanda: Central Bank maintains rate as inflation seen decelerating

August 14, 2020 0

Rwanda’s central bank left its benchmark interest rate steady at 4.50 percent, saying it was maintaining an accommodative monetary policy stance to support commercial banks to continue financing businesses and households considering that inflation is […]

Business

Ghana Commodity Exchange begins trading of rice

December 17, 2020 0

The Ghana Commodity Exchange (GCX) has commenced trading of rice on its electronic trading platform. This brings the number of commodities traded on the exchange to five, with the four others being maize, soya bean, […]

Business

Moody's downgrades Mauritius's ratings to Baa2, maintains negative outlook

March 5, 2021 0

Moody’s Investors Service, has downgraded the Government of Mauritius’s long-term foreign and local currency issuer rating to Baa2 from Baa1 and maintained the negative outlook. The downgrade to Baa2 reflects the weakening in fiscal and […]

Business

Focus on the African Exchanges Linkage Project (AELP)

September 4, 2020 0

The African Exchange Linkage Project (AELP) is a joint initiative by the African Securities Exchanges Association (ASEA) and the African Development Bank to facilitate cross-border trading and settlement of securities in Africa, unlock Pan-African investment […]

Random News

  • Giorgos Karaivaz: Veteran crime journalist shot dead in Greece
  • Businessinsider.co.za | Namibia is open to international travel – and it’s never been cheaper or quieter
  • Covid: Over 100 Paris restaurant diners fined for violating rules
  • Saint Vincent volcano: Island awakes to ash and sulphur smell
  • Alibaba: Chinese regulator slaps huge fine on tech giant
  • News24.com | Africa far from a common currency, but technology could make up for that
  • Prince Philip: Biden, Ardern and other world leaders pay tribute to Duke of Edinburgh
  • From 'Porky' to goalie: Peru's presidential candidates
  • South African artists struggle with Covid theatre closures
  • Prince Philip: US President Joe Biden describes him as 'a heck of a guy'
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Latest News

Giorgos Karaivaz: Veteran crime journalist shot dead in Greece

World
April 10, 2021 0
Share close Share page Copy link About sharing image copyrightXamos Greek Prime Minister Kyriakos Mitsotakis has ordered a speedy investigation after a veteran crime journalist was shot dead on Friday.  Giorgos Karaivaz was shot at [...]

Businessinsider.co.za | Namibia is open to international travel – and it’s never been cheaper or quieter

Across Africa
April 10, 2021 0
Review Sunsets in the NamibRand are spectacular, and usually washed down with G&Ts. Source: Andrew Thompson. If you’re looking for a dose of mid-pandemic isolation, Namibia is surprisingly accessible to South African and European tourists. [...]
World

Covid: Over 100 Paris restaurant diners fined for violating rules

April 10, 2021 0
Share close Share page Copy link About sharing image copyrightGetty Images More than 100 diners at a restaurant in Paris have been fined and the manager arrested for violating Covid restrictions, French police say. Officers [...]
World

Saint Vincent volcano: Island awakes to ash and sulphur smell

April 10, 2021 0
Share close Share page Copy link About sharing Inhabitants of the Caribbean island of St Vincent have woken up to “extremely heavy ash fall and sulphur smells” after Friday’s eruption of the La Soufrière volcano. [...]
World

Alibaba: Chinese regulator slaps huge fine on tech giant

April 10, 2021 0
Share close Share page Copy link About sharing image copyrightGetty Images The world’s biggest online retailer – China’s Alibaba – has been hit with a record fine equivalent to $2.75bn (just over £2bn). Regulators in [...]
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