Thursday, 24 April 2014
  1. BRVM
  2. BSE
  3. BVC
  4. BVMT
  5. EGX
  6. GSE
  7. LUSE
  8. NGSE
  9. NSE
  10. NSX
  11. SEM
  12. ZSE
LuSE All Share Index 2014-04-04 5,896.12 7.15% 10.12% 11.25% 40.57% 49.86%


Database error delays trade on glitch-prone Johannesburg bourse

A database glitch delayed the start of trading on the Johannesburg Stock Exchange (JSE) for an hour on Wednesday, the latest in a string of errors that have hampered Africa's biggest bourse in recent years.

Nigeria's Wema Bank swings to Q1 profit of 590.7 mln naira

April 23, 2014 Nigerian Stock Exchange
Nigeria's Wema Bank said on Wednesday said it swung to a pretax profit of 591 million naira ($3.64 million) in the first-quarter from loss of 853 million naira in the same period last year, sending its shares higher.

South Africa's Sanlam to buy 51% in Malaysian insurer for $119 mln

South Africa's biggest insurer Sanlam said on Wednesday it would acquire a majority stake in Malaysia's MCIS Zurich Insurance Berhad for about 1.25 billion rand ($119 million), further expanding its footprint in the southeast Asian nation.

Nigeria's Skye Bank aiming for 15% loan growth, more capital

April 16, 2014 Nigerian Stock Exchange
Nigerian lender Skye Bank is targeting retail and business customers this year with a goal to expand loans by 15 percent, up from 2 percent growth last year, its incoming chief executive said on Tuesday.

Nairobi Securities Exchange profits increase by 210% in 2013

The Nairobi Securities Exchange (NSE) yesterday morning announced their 2013 financial results at a press briefing that marked the premier public announcement of the bourse’s performance in its sixty year history.

Glencore to buy Chad oil firm Caracal for $1.3 bln

Mining company Glencore Xstrata has agreed to buy Chad-focused oil company Caracal Energy for about 800 million pounds ($1.3 billion), a deal that will allow the commodity giant to expand upstream in the oil sector.


Ghana producer price inflation rises to 27.8% in March

April 23, 2014 Ghana
Ghana's annual producer price inflation reached a four-year high of 27.8 percent in March, due in part to a rise in gold prices and depreciation of the local currency, the West African country's national statistics office said on Wednesday.

Nigeria favours local firms in $40 bln oil contract awards

April 23, 2014 Nigeria
Nigeria has awarded most of its long-term oil contracts worth an estimated $40 billion a year to local companies, according to a confidential list seen by Reuters, meaning global traders need to partner with them to access crude from Africa's top…

Botswana leaves main lending rate at 7.5%

April 23, 2014 Botswana
Botswana's central bank left its benchmark lending rate unchanged at 7.5 percent for the third straight meeting on Tuesday, citing a positive medium-term economic outlook.

Total discovers oil in deep offshore Ivory Coast

April 17, 2014 Ivory Coast
The Total-operated Saphir-1XB exploration well on Block CI-514 proved the presence of liquid hydrocarbons in the deep offshore west of Ivory Coast.

Namibia central bank keeps rates steady, economy to grow

April 16, 2014 Namibia
Namibia's central bank kept its main lending rate unchanged at 5.5 percent for the seventh straight time on Wednesday, saying economic growth was expected to continue in 2014 while inflation would remain at sustainable levels.

Nigeria March inflation edges up to 7.8% year/year

April 16, 2014 Nigeria
Nigerian annual consumer price inflation edged up in March to 7.8 percent from 7.7 percent in February as food prices rose, the statistics bureau (NBS) said on Monday.