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Kenya: Trancentury Unchanged Despite First Half Loss

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Posted by admin 4 days ago (http://allafrica.com)
[The Star]The shilling was last trading at 88.297 and just off a 2014 low and commentary has turned uniformly bearish.

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Kenya: Navigating Financial Markets Amid Global Turbulence

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Posted by admin 4 days ago (http://allafrica.com)
[The Star]"The markets are never wrong," President Kagame said in an interview in Washington on August 5 at the USAfricaSummit.

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Nigeria: Analysts Bullish On Paint and Chemical Companies

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Posted by admin 4 days ago (http://allafrica.com)
[This Day]Investment analysts at Meristem Securities Limited (MSL) an investment banking firm, have projected an expansion in the chemical and paints sector, stressing that companies in the sector would benefit from the seven per cent growth expected the economy to record this year.

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Tanzania: Tanzania Grooms Investors

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Posted by admin 4 days ago (http://allafrica.com)
[EA Business]Dar es Salaam -Tanzanians holding shares in listed companies are less then one percent of the total population of 45.5 million people.

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Egypt: EGX Gains EGP 4.1 Billion

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Posted by admin 4 days ago (http://allafrica.com)
[Egypt Online]The Egyptian Exchange "EGX" made gains at the close of the week's first trading session on Sunday 24/8/2014 backed by wide purchases by local and foreign funds and institutions of housing and contracting sector shares.

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Kenya: Mwangi's Two-Term Tenure At NSE Comes to an End

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Posted by admin 4 days ago (http://allafrica.com)
[The Star]The Nairobi Securities has said that its chief executive officer, Peter Mwangi will step down from office effective November 23 when his tenure expires.

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Kenya: Mwangi Heads to Old Mutual After NSE Exit

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Posted by admin 4 days ago (http://allafrica.com)
[Capital FM]Nairobi -Old Mutual Kenya has appointed outgoing Nairobi Securities Exchange managing director Peter Mwangi as the new Group Chief Executive Officer (CEO) effective October 1, 2014.

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Comment on Sharia-compliant finance grows in Kenya by Tom Minney

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Posted by admin 4 days ago (http://www.africancapitalmarketsnews.com)
Hi Naveed, thanks for your questions. I hope that someone more learned in sharia and Islamic finance and activities can comment or perhaps there are specialized websites where you can find more discussion, especially about online trading. As I understand it, Islamic finance seems to be basically ethical finance, i.e. driven by principles of doing right, non-exploitative and have good effects for

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