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Kenya: Kengen's Rights Issue On Course - MD

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Posted by admin 1 day 8 hours ago (http://allafrica.com)
[The Star]The government will soon approve plans by Kengen to raise about Sh30 billion through equity, shareholders heard yesterday.

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Kenya: Kenyans Not Keen On Capital Markets

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Posted by admin 1 day 8 hours ago (http://allafrica.com)
[The Star]MAJORITY of Kenyans are losing out on double-digit returns in the capital markets due to structural and informational challenges, a leading fund manager said yesterday.

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Egypt: EGX Bounces Back, Index Up 1.34 Percent

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Posted by admin 1 day 8 hours ago (http://allafrica.com)
[Egypt Online]The Egyptian Stock Exchange (EGX) indices rebounded on Monday 15/12/2014, backed by the rebound of Gulf bourse.

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Kenya: Kengen Rights Issue Due Early 2015

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Posted by admin 1 day 8 hours ago (http://allafrica.com)
[Capital FM]Nairobi -The Kenya Electricity Generating Company (KenGen) plans to kick off it Rights Issue in the first quarter of next year.

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Kenya: Market Resilient in Global Financial Crossfire

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Posted by admin 1 day 8 hours ago (http://allafrica.com)
[The Star]Its a Bloodbath in many parts of the world not least of which Russia where the Central Bank hiked rates to 17% from 10.5% in an effort to defend the Ruble, which has been in freefall and traded as low as 73.00 to the dollar.

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Kenya: Uchumi Rights Issue Oversubscribed By 83 Percent

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Posted by admin 1 day 8 hours ago (http://allafrica.com)
[Capital FM]Nairobi -The Uchumi Supermarket Rights Issue has been oversubscribed by 83 percent receiving Sh1.6 billion against the target of Sh895 million.

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Zimbabwe: Winds of Change Hit ZSE

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Posted by admin 1 day 8 hours ago (http://allafrica.com)
[The Herald]Shareholders invest in companies for various reasons. Some focus on capital appreciation while others will be after dividend income. We then have a sect of shareholders that take positions in companies for different strategic reasons. The acquisition of a controlling stake in Innscor, for instance, might have been motivated by the need to have a reliable supply of chickens and eggs fo

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Nigeria: Equities Slide Further On Sell-Off

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Posted by admin 1 day 8 hours ago (http://allafrica.com)
[Guardian]THE equities market closed Wednesday on a negative note, as Nigerian Stock Exchange [NSE] All Share Index [ASI] depreciated by 2.78 per cent to close at 28,961.67 basis points, compared with the 2.30 per cent depreciation recorded previously. Its Year-to-Date (YTD) returns currently stands at 29.92 per cent.

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