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Zambia: Govt to Offload 44 Million ZCCM-IH Shares

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Posted by admin 9 hours ago (http://allafrica.com)
[Times of Zambia]THE Government will offload more than 44 million of its shares in the ZCCM Investment Holding (IH) to the members of the public through the Lusaka Stock Exchange (LuSE).

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Egypt: Egypt Chairs Euro-Asian Exchanges Union After Turkey's Presidency for 19 Years

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Posted by admin 21 hours ago (http://allafrica.com)
[Egypt Online]Egyptian Stock Exchange chairman Dr. Mohamed Omran was elected as head of Euro-Asian Exchanges Union after Turkey chaired it for 19 consecutive years since it was established in 1995.

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Nigeria: MTN, FirstBank, Dangote Group Make Top 100 Nigerian Companies List

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Posted by admin 21 hours ago (http://allafrica.com)
[This Day]Abuja -The federal government monday unveiled the names of firms that made the top 100 companies in Nigeria for the 2014 fiscal period. The Chief Executive Officer, Financial Reporting Council of Nigeria and Chairman of the selection committee, Mr. Jim Obaze, said some of the companies that made the list are MTN Nigeria, First Bank of Nigeria Plc, Nigerian Breweries Plc, Dangote Group,

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Nigeria: NSE Market Cap Drops N58 Billion

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Posted by admin 21 hours ago (http://allafrica.com)
[Independent (Lagos)]Lagos -The Nigerian stock market yesterday degenerated from sell offs as the bears overshadowed the bulls leading to share decline in most blue chip companies.

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Uganda: Vision Group Jinx?

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Posted by admin 21 hours ago (http://allafrica.com)
[Independent (Kampala)]As Geraldine Busuulwa Ssali, the NSSF deputy managing director, sat at the New Vision Ltd annual general meeting on Nov.13, only one thing was on her mind: the billions her organization is continuing to lose in the USE-listed company. When the opportunity came for her to take the microphone, she was literally scathing.

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Kenya: Capital Markets Will Anchor the Rise of Africa - Ruto

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Posted by admin 21 hours ago (http://allafrica.com)
[Capital FM]Nairobi -Deputy President William Ruto has challenged African countries to develop their capital markets to enable them provide alternative sources of finance for long-term productive investments.

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Nigeria: FIRS Quizzes Kano Companies for Alleged Tax Default

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Posted by admin 1 day 21 hours ago (http://allafrica.com)
[Premium Times]Top officials of 15 companies operating in Kano metropolis were at the weekend quizzed by the Federal Inland Revenue Service, FIRS, for allegedly failing to either file their tax returns, remit tax revenue, or offset their outstanding tax liabilities to the Federal Government.

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Nigeria: Insurgency, 2015 Election, Oil Shock Hit Financial Market -WSTC

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Posted by admin 1 day 21 hours ago (http://allafrica.com)
[Guardian]THE menace of insurgents called Boko Haram, weak corporate earnings, slide in benchmark price of crude oil and anxiety over the 2015 election in Nigeria have been adduced to the on-going downward trend in the financial market in Nigeria. In a damning report titled A "Shellacking" in the Nigerian Financial market", by a team of analysts at WSTC Financial Services Limited, has revealed th

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