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Tanzania: Bank M Mulls Listing on DSE

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Posted by admin 7 days ago (http://allafrica.com)
[Daily News] Bank M, the fastest growing bank in the country, has shown interest on listing on Dar es Salaam Stock Exchange main market.

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Nigeria: SEC Suspends BGL, Bars Okumagba From Capital Market

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Posted by admin 7 days ago (http://allafrica.com)
[Independent (Lagos)] Lagos -The management of Nigeria's capital market apex regulator, the Securities & Exchange Commission (SEC), on Wednesday, announced the suspension of BGL Plc and its subsidiaries, just as it barred the Group Managing Director/Chief Executive Officer, Albert Okumagba from any activity under the purview.

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South Africa: Minister Lynne Brown Calls for State-Owned Companies to Be Properly Recapitalized

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Posted by admin 7 days ago (http://allafrica.com)
[SA Govt] Public Enterprises Minister Lynne Brown has said Government must find creative ways to recapitalize State-Owned Companies. Failure to do this will result in these utilities being unable to live off their balance sheets.

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Kenya: Market Rebounds as Demand for Big Caps Firms

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Posted by admin 8 days ago (http://allafrica.com)
[The Star] The Nairobi All Share firmed 0.35 points to close at 167.83.

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South Africa: AEEI Increases Stake in Saab

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Posted by admin 8 days ago (http://allafrica.com)
[News24Wire] JSE listed African Equity Empowerment Investments Limited (AEEI), formerly Sekunjalo Investments Limited announced on Tuesday that it has acquired a 25% plus one share stake in the local operations of Saab Grintek Defence (SGD), the Swedish civil and defence giant.

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Ghana: GN Group of Companies to Sponsor Bakatue 2015

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Posted by admin 8 days ago (http://allafrica.com)
[Ghanaian Chronicle] The GN Group of Companies, a family business group of Ghanaian origin, over the weekend pledged and committed itself to sponsoring this year's entire Bakatue Festival, from "Korbabutuw" to the last, "Domo", celebrated by the people of Edina in the Komenda Edina Eguafo-Abirem Municipality (KEEA).

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Egypt: Egypt's Stocks Rally for Second Day, After Capital Gains Tax Suspension

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Posted by admin 8 days ago (http://allafrica.com)
[Aswat Masriya] Cairo -Egypt's stock market rose on Tuesday with the support of purchases made by Arab institutions and investment funds, one day after Egypt announced a two-year lift on the capital gains tax.

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Nigeria: NSE Index Closes South, Down 0.21 Percent

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Posted by admin 8 days ago (http://allafrica.com)
[Independent (Lagos)] Lagos -Trading on the floor of the Nigerian Stock Exchange (NSE) relapsed on Tuesday as it witnessed the reversal of the bullish sentiment that had characterized trading in previous sessions as key market indicators the All-Share Index and Market Capitalisation, depreciated by 0.21 each.

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