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Nigeria: NSE Inches Towards WFE Full Membership

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Posted by admin 9 days ago (http://allafrica.com)
[This Day]Strong indications emerged on Monday that the World Federation of Exchanges (WFE) will soon approve the application of the Nigerian Stock Exchange (NSE) to become a full member of the WFE. This followed the completion of inspection of the exchange's facilities.

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Nigeria: NSE to Delist Starcomms, Nigeria Wire and Cable, Seven Others

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Posted by admin 9 days ago (http://allafrica.com)
[Daily Trust]Lagos -The Nigerian Stock Exchange (NSE) has said that it will delist Starcomms Plc, Nigeria Wire & Cable Plc and seven other firms from its daily official list next month.

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Zambia: SEC Nods 2015 Budget

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Posted by admin 9 days ago (http://allafrica.com)
[Times of Zambia]THE Security and Exchange commission (SEC) has welcomed the 2015 National Budget noting that Government acknowledged the role capital markets play to drive economic growth forward.

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Zambia: Kwacha On JSE to Raise FDIS - Zam

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Posted by admin 9 days ago (http://allafrica.com)
[Times of Zambia]THE listing of the Kwacha on the Johannesburg Stock Exchange (JSE) will make the country visible and boost investment, the Zambia Association of Manufacturers (ZAM) has said.

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South Africa: Complicated Language Costs Companies Money

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Posted by admin 9 days ago (http://allafrica.com)
[Biz-Community]With International Plain Language Day, which happened on Monday 13 October, it is a good time for companies to reflect on how many millions bad communication is costing them.

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Kenya: Uchumi Seeks Sh985 Million in Rights Issue

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Posted by admin 9 days ago (http://allafrica.com)
[Capital FM]Nairobi -Following the Rights Issue approval by Capital Markets Authority, Uchumi Supermarket has disclosed it is seeking to raise Sh895.8 million by selling 99.5 million shares at Sh9 per share.

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Nigeria: Analysts Place Sell Order On Nestle's Shares

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Posted by admin 10 days ago (http://allafrica.com)
[This Day]Analysts at FSDH Securities Limited have stated that the current market price of Nestle Nigeria Plc is highly overvalued stressing that the fair value for Nestle is N660.84 per share. They have thereof put a sell order on the stock.

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Zimbabwe: ZSE Falls Out of Favour

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Posted by admin 10 days ago (http://allafrica.com)
[The Herald]Of late, there have been proposals from a number of companies that are opting to delist from the Zimbabwe Stock Exchange (ZSE). Currently, the ZSE has a total of 61 listed counters, including suspended counters, from a total of 65 as at September 2013 and 64 counters at beginning of the year 2014. The number of listed counters came down from September 2013 following the delisting of T

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