All Africa, All the Time.
Zimbabwe: CBZ Holdings to Launch SMEs Pension Fund
[The Herald] Zimbabwe Stock Exchange-listed CBZ Holdings is set to establish a pension fund for small to medium enterprises to be underwritten by its Life business.
Uganda: New Ugandan Bourse Online Portal to Spur More Trading
[East African] The Uganda Securities Exchange has rolled out an online trading window -- Easy Portal -- that offers investors opportunities for faster transactions at no fee to spur trading activity.
Nigeria: Govt Sanctions 313 Mining Companies
[Daily Trust] No fewer than 313 mining companies have been sanctioned by the federal government over non-fulfilment of environmental obligations.
Kenya: Mobile Phone-Based Bonds Sale Set to Finally Roll Out Thursday
[Nation] The sale of the mobile-based M-Akiba Treasury bond starts on Thursday, ending a one-and-a-half-year wait for small retail investors to invest in government debt.
Tanzania: DSE Turnover Soars
[Daily News] DAR ES SALAAM Stock Exchange (DSE) posted a turnover increase of almost 30 times in a week ending last Friday.
Sudan: Govt Commends Relations With South Korea, Invites Korean Investors to Khartoum
[SNA] Khartoum -Sudan's Minister for Information and government spokesman, Dr. Ahmed Bilal Osman, reaffirmed that Sudan's ports remain always open before investors, particular those from Asia and sour Korea specifically, pinpointing that South Korean products have nowadays become very popular in the country due to their high quality.
Kenya: 70 Companies Sign Up to Attend Bourse Listing Forum
[Nation] The Capital Markets Authority has signed up 70 firms to participate in a listing forum at the end of this month, as it looks to end the recent IPO drought on the NSE.
Nigeria: LMC Invites Bids As Clubs Vie to List On Stock Exchange
[Daily Trust] The League Management Company (LMC) in partnership with over the counter securities market operator, NASD Securities Exchange took a major step towards bringing private sector investment into the Nigeria Professional Football League (NPFL) when on Monday it invited financial advisors to bid for appointment to work with eight of the 20 NPFL clubs shortlisted for the pilot project.
Nigeria: Trading Value Rises 133% As Market Sustains Positive Trend
[This Day] The value of trading at the stock market surged 133 per cent wednesday as investors staked N2.164 billion on 233.777 million shares in 3,196 deals, up from N928.5 million invested in 227.757 million shares in 32,543 deals the previous day. The market also maintained its uptick as the bulls sustained their hold, driving the Nigerian Stock Exchange (NSE) higher by 0.07 per cent to close at 25,301.23.
Nigeria: Nigeria Football Clubs to Go Public 3rd Quarter
[Daily Trust] Lagos -Nigerian football league clubs are set to list on the on the NASD OTC Securities Exchange latest by the third quarter of 2017.
Zimbabwe: ZB Financial Holdings' Bad Loans Surge
[Financial Gazette] ZIMBABWE Stock Exchange listed integrated financial services group, ZB Financial Holdings' bad loans have risen by 8,3 percent to 23 percent, putting into question the bank's credit management system and strategy.
Tanzania: Tanzania to Let Foreign Investors Buy Shares in Vodacom IPO
[East African] Tanzania has opened a window for foreigners to buy shares in Vodacom Tanzania through an initial public offering (IPO) seeking to raise Tsh47.6 million ($855 million).
Nigeria: Equities Records N7bn Gain to Maintain Uptrend
[Daily Trust] Lagos -The Equities segment of the Nigerian Stock Exchange (NSE) closed yesterday on a positive note, as the Market Capitalisation added N7 billion to close at N8, 756 trillion
Zimbabwe: World Bank Warns of Gold Price Decline
[Financial Gazette] GOLD prices are expected to hit a two-year low, trading at under US$1 000 an ounce this year owing to projected low demand from jewelleries, industries and retailers at the back of a stronger United States dollar, a World Bank (WB) commodities forecast has revealed.
Zimbabwe: Telecoms Giant's Foreign Stock Boosts Turnover On Stock Exchange
[The Herald] TRADE in Econet's foreign and local Letters of Allocation have boosted volumes and turnover on the Zimbabwe Stock Exchange in the past week, although the main Econet stock continues on a tailspin.