Blackberry in revenue slide // BlackBerry De Diapositive De Recettes
Troubled smartphone maker Blackberry has reported a larger-than-expected drop in revenue during the third quarter. Revenue fell to $793m (£507m) from $1.19bn a year earlier,...
Category : STOCK MARKET
Airtel to sell towers in Rwanda and Zambia // Airtel à vendre tours au Rwanda et en Zambie
Bharti Airtel on Thursday said it will complete the sellout of 1100 telecom towers in Rwanda and Zambia to Africa-based IHS Holdings within nine months...
Nigeria Oil Savings Fall 13% to $3.1 Billion // Les Economies De Pétrole Nigeria Chute De 13 % à $ 3,1Milliards
Nigeria has $3.1 billion left in its oil savings account, down 13% from $4 billion last month, after paying out revenue allocations for the...
Banks, Oil Prices To Rule Markets In 2015 // Banques, Prix Du Pétrole Sur Les Marchés De La Règle En 2015
Addicted to liquidity and disconnected from the real economy, global markets are likely to dance in 2015 to the different monetary policy tunes played by...
Egypt stock market loses $3 billion in single day // Bourse D’Égypte Perd $3Milliards En Une Seule Journée
Egypt’s stock market plunged by 22 billion Egyptian pounds (just over $3 billion) in a single day of trading Sunday as low oil prices dragged...
Falling Crude Price Bursts The Bubble of Kenya’s Oil Exploration // Chute Des Prix Brut Eclate La Bulle De L’exploration Pétrolière Au Kenya
Oil exploration in the country is expected to slow down next year due to a sharp decline in global prices of crude oil that...
How to Collect Dividends When Investing in African Stocks // Comment Percevoir Des Dividendes Lorsqu’elles Investissent Dans Des Stocks Africaines
style=”display:inline-block;width:728px;height:90px” data-ad-client=”ca-pub-3299921071151129″ data-ad-slot=”2102069697″> When it comes to investing in stocks, most investors dream of big capital gains — share prices shooting through...
Nigerian Stock Exchange CEO Elected President Of ASEA // Nigerian Stock Exchange Directeur Général Elu Président De L’ASEA
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...
Wall St Assessing Fallout From Drop in Oil Prices // Wall St, Evaluer Les Retombées D’une Baisse Des Prix Du Pétrole
With crude oil prices hitting five-year lows, investors are scrambling to gauge the impact of the sharp drop in petroleum costs on companies beyond the...
NSE Loses N1.8tn in Market Capitalisation in 11 Months // NSE Perd N1.8tn En Capitalisation Boursière En 11 Mois
By Goddy Egene The Nigerian equities market has lost N1.822 trillion in capitalisation in the last 11 months as the market succumbed to forces within...
Glencore To Invest $360m To Upgrade Congo’s Hydropower Project // Glencore D’investir 360m $ Pour Mettre à Niveau Le Projet Hydroélectrique Du Congo
Glencore and its partner in Congo are planning to upgrade hydroelectric plant in Congo, with an investment of $360m. The move comes as the mining...
Ascendis Beefs Up Its BEE shareholding // Ascendis Renforce Son Actionnariat BEE
ACQUISITIVE healthcare conglomerate Ascendis has taken steps to reinforce its existing black empowerment credentials. The company announced on Thursday that it would shift its empowerment...
India’s Bajaj Auto, Bharti Airtel Fall After Nigeria Devalues Naira // Bajaj Auto De L’Inde, Bharti Airtel All Après Que Nigéria Dévalue Naira
* Bajaj Auto falls 2.3 percent, while Bharti Airtel is down 1.3%. * Nigeria's central bank devalued the naira by 8 percent and raised interest...
Sri Lanka, Africa Emerging As Largest Export Markets For Hero Motocorp // Sri Lanka, Afrique Emergents Comme Plus Gros Marchés D’exportation Pour Héros Motocorp
Sri Lanka and Africa are fast emerging as the largest export markets for Hero MotoCorp, according to the company’s Vice-Chairman and Managing Director, Pawan Munjal....
Egyptian Telecom Earns $500 Million in N.Korea // Égyptienne Telecom Gagne $500 Millions En Corée Du Nord
Orascom Telecom Media and Technology of Egypt has earned more than US$500 million from its mobile phone business in North Korea. Orascom posted the figure...
American Tower Pays $2.25 Billion for Brazil, Nigeria M&A // American Tour Paie $ 2,25 Milliards Pour Le Brésil, Le Nigéria M & A
American Tower Corp. (AMT) has agreed to buy towers across Nigeria and Brazil for more than $2.2 billion, furthering the U.S. company’s plans to expand...
wine-ng.com; Africa’s Online # 1 Portal Comes On Board // win-ng.com ; En Ligne # 1 De l’Afrique Portal Arrive A Bord
Wine-ng.com is a brainchild of Theafrikamarket.com/ YJ Transglobal Inc, New York, USA; an online retailing portal for variety of wines of various origin; champagne, spirits…....
Investec Full-Year Earnings May Climb as Rand Stabilizes // Enéfice Investec Année Peut Grimper Comme Rand Se Stabilise
Investec Plc (INVP), which owns a bank and money manager in South Africa and the U.K., said its fiscal second-half earnings may increase from...
Ethiopia Says China’s ZTE Could Lose Part Of $800 Mln In Row Over Terms // Éthiopie Dit Chinois ZTE Pourrait Perdre Une Partie De $800 Mln En Ligne Au Cours De La
Ethiopia has told Chinese telecoms firm ZTE Corp it risked losing part of its deal worth $800 million to expand the nation’s network because...
Africell finalises acquisition of Orange // Africell Finalise L’acquisition D’Orange
Africell, a mobile telecommunications operator in Africa, has revealed that it has completed the acquisition of Orange Uganda. According to the company, the transaction will...