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Tanzania: Tanzanians Told to Get Into Stocks

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Posted by admin 10 days ago (http://allafrica.com)
[EA Business]Dar es Salaam -The call has been for Tanzanians to respond to investment opportunities by purchasing shares in the East African Community Stock Exchange Market expected to be established soon.

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Kenya: Seven Seas Postpones IPO to 2017

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Posted by admin 10 days ago (http://allafrica.com)
[CIO]Seven Seas Technologies has postponed its IPO which was initially set for 2013 to 2017. According to Reuters, Seven Seas has pushed back its initial public offering until 2017 to allow it time to tap new countries in Africa and reduce its reliance on its home market.

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Uganda: BoU Maintains CBR At 11.5 Percent

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Posted by admin 10 days ago (http://allafrica.com)
[Independent]The Bank of Uganda has for the 5th month running maintained the CBR at 11.5%. After annual headline inflation for March 2014 surged to 7.1 % from 6.8% in February, expectations were rife that the key rate would be adjusted upwards.

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Egypt: Egx Gains Egp 6.2 Billion, Main Index Up By 1.7 Percent

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Posted by admin 10 days ago (http://allafrica.com)
[Egypt Online]Egyptian Stock Exchange (EGX) registered gains at the close of Thursday's trading backed by intensive purchases by investment funds and local institutions.

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Egypt: Egyptian Exchange Up During Last Week Trading

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Posted by admin 10 days ago (http://allafrica.com)
[Egypt Online]All indexes of the Egyptian Exchange (EGX) were up during the last week trading.

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Namibia: New Website to Address Market Shortcomings

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Posted by admin 13 days ago (http://allafrica.com)
[New Era]Windhoek -A new website called eBusiness Namibia (www.ebusinessnamibia.com) was launched a week ago by Namibian business personality, Sidney Martin, at the Polytechnic Hotel School.

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Nigeria: Seplat Prepares to List On London Stock Exchange

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Posted by admin 14 days ago (http://allafrica.com)
[This Day]Seplat Petroleum Development Company Plc will be listed on the London Stock Exchange(NSE) next Monday following the successful completion of the company's global initial public offer(IPO) to raise about $500 million(N82.5 billion). Seplat made the in the IPO through book building and planned to list both on the LSE and the Nigerian Stock Exchange (NSE).

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Kenya: Centum Gets Nod for New Ventures

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Posted by admin 14 days ago (http://allafrica.com)
[The Star]The Capital Markets Authority has approved registration of Centum Unit Trust Fund as a collective investment scheme that will include four sub funds to venture into other markets within Africa.

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