Friday, 28 November 2014
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INDICE DATE VALUE 1M 3M YTD 1Y 2Y
LuSE All Share Index 2014-10-30 6,182.94 -0.61% 0.80% 16.66% 23.58% 68.49%
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STOCK MARKETS

Nigerian Stock Exchange CEO Elected President of ASEA​

November 26, 2014 Nigerian Stock Exchange
Mr. Oscar N. Onyema, OON, Chief Executive Officer of The Nigerian Stock Exchange (NSE), was on Sunday, November 23, 2014 elected President of African Securities Exchanges Association (ASEA). This decision was reached at the Executive Committee…

Nigerian Stock Exchange Becomes a Full Member of World Federation of Exchanges​

October 29, 2014 Nigerian Stock Exchange
The Nigerian Stock Exchange (“the NSE”), today, announced that it received a unanimous vote for admission as a full member in the World Federation of Exchanges (the “WFE”), the trade association for the operators of regulated financial exchanges.

South Africa's stock market trade resumes after network glitch

September 15, 2014 Johannesburg Stock Exchange
South Africa's Johannesburg Stock Exchange (JSE) said trade had resumed after a system failure caused a two-hour stoppage on Monday.

Kenyan grower Kakuzi half-year profit slumps 32%

August 27, 2014 Nairobi Securities Exchange
Kenyan agricultural firm Kakuzi on Wednesday posted a 32-percent fall in pretax profit for the six months ended June to 76 million shillings ($860,700), mainly due to lower earnings from tea.

Kenya's Standard Group profit down 8% in the first half

August 27, 2014 Nairobi Securities Exchange
Kenyan media firm Standard Group on Monday posted an 8-percent drop in pretax mid-year profit to 205 million shillings ($2.32 million).

Nairobi Securities Exchange's first-half profit falls

August 27, 2014 Nairobi Securities Exchange
Kenya's Nairobi Securities Exchange (NSE), which is listing its shares next month, posted a 29 percent year-on-year fall in its pretax profit for the first half to 158.2 million shillings($1.78 million).

BUSINESS

BOAD launches bond loan issue of FCFA 40 billion

November 26, 2014 Africa
LOME, Togo, November 26, 2014/ -- As part of the implementation of its annual bond issue program, the West African Development Bank (BOAD) (http://www.boad.org) is launching a bond loan issue of FCFA 40 billion through a public offering from 1 to 19…

Qatar National Bank buys further 11% stake in Ecobank for $283 mln

September 15, 2014 International
Qatar National Bank (QNB) has acquired a further 11 percent stake in pan-African lender Ecobank Transnational Incorporated in a deal worth $283 million, the Qatari lender said in a statement on Monday.

Kenya cuts pump price of petrol, diesel after import costs fall

September 15, 2014 Kenya
Kenya's energy regulator has cut retail prices of diesel, petrol and kerosene to reflect lower import costs, in a move likely to temper rising inflation.

Cameroon robusta coffee exports rise to 14,094 tonnes by end July

August 27, 2014 Cameroon
Robusta coffee exports from Cameroon rose to 14,094 tonnes by end-July since the start of the 2013/14 season on December 1, versus 12,495 tonnes for the same period of the previous season, data from the National Cocoa and Coffee Board (NCCB) showed.

Kenya's debut Eurobond pushes debt to 57% of GDP

August 27, 2014 Kenya
Kenya's debut $2 billion Eurobond pushed its total public debt to 57 percent of gross domestic product (GDP) at the end of June, up from 51.7 percent a year earlier, the Treasury said.

Zimbabwe launches asset manager to buy bank bad debts

August 27, 2014 Zimbabwe
Zimbabwe has set up an asset management company to buy non-performing loans from banks, the central bank governor said on Tuesday, a move designed to restore stability to a sector stung by rising bad debts.

NEWSLETTER