Tuesday, 29 July 2014
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INDICE DATE VALUE 1M 3M YTD 1Y 2Y
LuSE All Share Index 2014-06-30 6,011.15 -0.38% 3.38% 13.42% 31.59% 55.07%
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STOCK MARKETS

Kenya's Safaricom gets committee nod for govt security contract

Kenya's national security committee has approved plans for a security and surveillance system, clearing the way for a project worth 14.9 billion shillings ($170 million) to Safaricom, its chief executive said on Friday.

DSE daily market report | 25-Jul-2014

Today, DSE recorded a total turnover of TZS 587.60 mln from 837,449 shares traded in 90 deals compared to the previous session which recorded a turnover of TZS 64.02 mln from 54,350 shares traded in 38 deals.

Nigeria's Seplat reports first-half profit down 26%

July 25, 2014 Nigerian Stock Exchange
Nigerian oil and gas firm Seplat said on Friday its half-year pretax profit fell to $156 million, down 26 percent from $210 million a year earlier.

ZSE daily market report | 24-Jul-2014

July 24, 2014 Zimbabwe Stock Exchange
The industrial index shed a further 0.66 points (0.36%) to close at 184.95 points. The mining index extended by 1.89 points (3.19%) to close at 61.13 points.

Nairobi Securities Exchange officially launches its Initial Public Offering (IPO)

The Nairobi Securities Exchange Limited officially launched today its Initial Public Offering (IPO) at the Exchange.

ZSE daily market report | 23-Jul-2014

July 23, 2014 Zimbabwe Stock Exchange
The industrial index lost 0.25 points (0.13%) to close at 185.61 points as OK ZIMBABWE (OKZ.zw) dropped 0.99 cents to trade at 16 cents. The mining index went up 1.80 points (3.13%) to close at 59.24 points.

BUSINESS

Bank of Ghana reverses ban on direct dollar imports by local banks

July 29, 2014 Ghana
Ghana’s central bank has reversed its ban on commercial banks importing dollars directly in a bid to increase the supply of foreign currency and support the cedi, central bank Governor Henry Kofi Wampah said on Tuesday.

Africa e-commerce firm expands to new markets

July 29, 2014 Africa
Online retailer Jumia, a would-be African Amazon set up by German venture capital firm Rocket Internet, is expanding into three new markets - Uganda, Ghana and Cameroon, the company said on Monday.

IMF agrees on $5 billion credit line for Morocco

July 29, 2014 Morocco
The International Monetary Fund said on Monday it will provide Morocco a $5 billion credit line to help the North African country pursue a reform agenda to achieve rapid and more inclusive economic growth.

Fitch Upgrades Rwanda to 'B+'; Outlook Stable

July 28, 2014 Rwanda
Fitch Ratings has upgraded Rwanda's Long-term foreign and local currency Issuer Default Ratings (IDR) to 'B+' from 'B'. The Outlooks are Stable. The issue ratings on Rwanda's senior unsecured foreign and local currency bonds have also been upgraded…

Fitch Affirms Kenya at 'B+'; Outlook Stable

July 28, 2014 Kenya
Fitch Ratings has affirmed Kenya's Long-term foreign and local currency Issuer Default Ratings (IDR) at 'B+' and 'BB-', respectively, with Stable Outlooks. Fitch has also affirmed Kenya's Short-term foreign currency IDR at 'B' and Country Ceiling at…

Uganda central bank takes over small commercial bank

July 25, 2014 Uganda
Uganda's central bank has taken over the management of the local Global Trust Bank (GTB) after it said the small bank was not commercially viable, the central bank governor said on Friday.

NEWSLETTER