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Zambia: Atlas Mara to Pump U.S.$100 Million Into Economy

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Posted by admin 4 days ago (http://allafrica.com)
[Times of Zambia]A LONDON Stock Exchange (LSE) listed company, ATLAS Mara Co-Nvest Limited, which has successfully completed the acquisition of the ABC Holdings Group shares, is to invest a total of US$100 million in the Zambian economy.

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Nigeria: Access Bank Partners Technology Companies On E-Learning

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Posted by admin 4 days ago (http://allafrica.com)
[This Day]Access Bank in collaboration with Intel and Chips, Bits & Bytes Limited, has donated e-education solutions for pupils and teachers of Command Children's School, Yaba, Lagos.

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Nigeria: Oil Marketers Drag NSE Index Down 0.27 Percent

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Posted by admin 4 days ago (http://allafrica.com)
[Daily Independent]Lagos -The Nigerian stock market yesterday further closed on the negative trajectory as activities on the shares of oil and gas major players, pulled down the momentum of business, enabling the bears to sustain their stronghold in the Nigerian capital market.

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Nigeria: NSE's Market Capitalisation Slides Further By N37 Billion

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Posted by admin 4 days ago (http://allafrica.com)
[Guardian]EQUITY transactions on the Nigerian Stock Exchange sustained sliding profile yesterday, even as more blue chip companies join the league of losers, resulting to a further slide in market capitalization by N37 billion. NSE's market capitalization slides further by N37 billion.

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Ghana: Falling Cedi Drags Ghana Bourse Down

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Posted by admin 4 days ago (http://allafrica.com)
[CAJ News]Accra -THE poor performance of the Ghana Stock Exchange (GSE) this year has been attributed to the continuous depreciation of the Cedi against major foreign currencies.

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Nigeria: Nigerian Companies Are Now Liable to Income Tax At 60 Percent

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Posted by admin 4 days ago (http://allafrica.com)
[Guardian]THIS may be ridiculous but it is true! At a time when many countries are reducing their tax rates to attract and retain investments, Nigeria seems to be moving in the opposite direction.

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Nigeria: SEC Clamps Down On Eight Market Operators

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Posted by admin 4 days ago (http://allafrica.com)
[Daily Independent]The Securities and Exchange Commission (SEC has clamped down on eight capital market operators in the last quarter of last year, in a move to sanitise the market.

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Rwanda: Bralirwa Share Split Drives Local Bourse Performance

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Posted by admin 4 days ago (http://allafrica.com)
[New Times]In May, Bralirwa, one of the local firms listed on the local bourse, split its shares, meaning that if one had 10 shares they got 20 shares.

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