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Zimbabwe: Zeem - of Bad Economic Timing

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Posted by admin 4 hours ago (http://allafrica.com)
[The Herald]There has long been talk about the introduction of a second stock market for relatively smaller and growing companies. This is in addition to other calls for the establishment of alternative markets such as fixed income markets. It was therefore not surprising when last week, the Zimbabwe Stock Exchange (ZSE), advised of the proposal to establish an alternative market to be named the

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Nigeria: Five Firms Get NSE's Approval to Restructure Operations

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Posted by admin 4 hours ago (http://allafrica.com)
[This Day]Five companies have obtained the approval of the Nigerian Stock Exchange (NSE) to restructure their operations thereby escaping being delisted. The companies are among those approved by the Council of the NSE for delisting. However, they have been given time to restructure their operations. The companies are: Alumnium Manufacturing Company of Nigeria Plc; MTI Plc; Nigerian German Chemic

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Nigeria: Rights Issues to the Rescue

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Posted by admin 4 hours ago (http://allafrica.com)
[This Day]In a bid to prevent their capital adequacy ratios from falling below 15 per cent, Nigerian banks have returned to the capital market to raise fresh capital via rights issue, writes Eromosele Abiodun

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Nigeria: NSE Index Up 0.29 Per Cent

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Posted by admin 4 hours ago (http://allafrica.com)
[Daily Independent]Lagos -Trading on the floor of The Nigerian Stock Exchange (NSE), which rebounded on Monday, continued the trend on Tuesday when both indicators closed in the positive territory by appreciating by 0.29 per cent each.

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Africa: Chinese Yuan Penetrates African Markets

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Posted by admin 4 hours ago (http://allafrica.com)
[Africa Renewal]In March this year Zimbabwe joined a growing list of countries in Africa and the world using the Chinese currency, yuan, also known as remnibi (RMB), as one of its official currencies after its central bank added the RMB, the Japanese yen, the Australia dollar and the Indian rupee to the existing basket of currencies.

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Nigeria: NSE Index Rises 1.2 Percent As Bulls Return to Market

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Posted by admin 1 day 4 hours ago (http://allafrica.com)
[This Day]Respite came the way of the Nigerian equities market yesterday as 10 days bear run was halted. The market closed 1.22 per cent higher compared to 5.55 per cent decline recorded last week. The bear run had sent indicators to five months low last week as the Nigerian Stock Exchange (NSE) All-Share Index fell below 40,000 level, while market capitalisation dipped below N13 trillion mark. M

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Africa: CEOs and Investors Meet in New York City for Frontier 100 Forum to Discuss Innovative Investing in African Emerging Markets

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Posted by admin 1 day 4 hours ago (http://allafrica.com)
[Initiative for Global Development]New York -Forum hosted by the Initiative for Global Development brings together leading African and international CEOs, senior executives, and investors to discuss investing in Africa

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Rwanda: Bourse Quiet, Asi At 141.2

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Posted by admin 1 day 4 hours ago (http://allafrica.com)
[New Times]The local exchange was largely quiet yesterday with no shares exchanging hands.

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