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13 August - South African Markets Wrap with Eugene Goosen

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Posted by admin 285 days ago (http://www.abndigital.com)
ABN's Godfrey Mutizwa speaks with Eugene Goosen, Portfolio Manager at ORA Fund Managers, looking at the latest financial news driving South African equity markets.

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Nigeria: NSE Plans Delisting of More Defaulting Firms

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Posted by admin 285 days ago (http://allafrica.com)
[Leadership]Arrangement has been concluded by the Nigerian Stock Exchange (NSE) to further reduce the number of companies defaulting in their post-listing obligation, saying it is awaiting approval from the Securities and Exchange Commission (SEC) to commence the process of delisting the moribund companies from its Official List.

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Egypt: Egypt Bourse Up Powered By News of Qatari Deposit With CBE

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Posted by admin 285 days ago (http://allafrica.com)
[Egypt Online]Egyptian Stock Exchange was slightly up on Sunday12/8/2012, the first trading day of the week powered by good news of Qatar's depositing $2 billion with the Central Bank of Egypt to support the Egyptian economy.

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Kenya: Local Shareholders Yet to Covert to SCD Accounts

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Posted by admin 285 days ago (http://allafrica.com)
[EA Business]Kampala -As trading in securities goes electronic and share holders are asked to change their paper accounts into Securities Central Depository (SCD) accounts, it has emerged that most of the paper accounts are actually still held in Kenya.

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Uganda: Stanbic Lists More Shares

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Posted by admin 285 days ago (http://allafrica.com)
[EA Business]Kampala -Stanbic Bank last week listed an additional number of shares on the Uganda Stock Exchange (USE) as its second bonus offer after the last one done in 2011."As a business, we strive not only to be profitable but also be able to grow the economies in which we operate.

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Tanzania: CRDB Share Price Down

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Posted by admin 285 days ago (http://allafrica.com)
[EA Business]DAR ES SALAAM, Tanzania's CRDB bank share price has slumped by over 36% to lead in share-lost-price index in the last one year, despite being the leading bank in terms of assets and deposits.

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Nigeria: CAC Registrar Faults Reps' Capital Market Report

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Posted by admin 285 days ago (http://allafrica.com)
[Daily Trust]The Registrar General of the Corporate Affairs Commission (CAC) Bello Mahmud has debunked the fraudulent allegations made by the report of the House of Representatives ad hoc committee that investigated the 'near collapse' of the capital market on the nationalization of the three banks, saying "we were never invited to clarify anything on the issue."

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Uganda: Stanbic Bank Lists Bonus Shares On Stock Market

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Posted by admin 286 days ago (http://allafrica.com)
[Independent]Stanbic Bank has listed an additional 40 billion shares on the Uganda Stock Exchange, a move that the bank says will benefit its shareholders.

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