Black Tea: McLeod Russel To Gain From Kenya Dry Spell // Thé Noir : McLeod Russel Au Gain Du Kenya Dry Spell
A drought in Kenya is set to benefit McLeod Russel India Ltd, the world’s biggest tea grower. Hot, dry weather in the African nation, the...
Category : STOCK MARKET
Brent Dips Below $60 As Greek Vote Prompts Stability Fears // Brent Descend Au-dessous De 60 $ Comme Grec Vote Invite Les Craintes De Stabilité
Brent slid below $60 a barrel for the first time since April amid speculation Greece’s rejection of austerity measures will prompt its exit from the...
False Start For Zimbabwe Stock Exchange’s Automated Trading System // Faux Départ Pour Zimbabwe Stock Exchange Du Système Commercial Automatisé
Zimbabwe’s historic automated trading platform took a false start today after technical glitches hit the country’s central securities depository dampening the much hyped launch, the...
Africa Oil Corp. Upgraded at BMO Capital Markets (AOI) // Africa Oil Corp Mis A Jour A BMO Marchés Des Capitaux (AOI)
Africa Oil Corp. (TSE:AOI) was upgraded by BMO Capital Markets from a “market perform” rating to an “outperform” rating in a research note issued on...
Sony Plans $3.6bn Offering // Sony Prévoit De $3 Milliards Offre
Sony said it would issue new shares for the first time since 1989, part of a $3.6bn capital-raising plan that highlighted the potential of its...
Egypt’s Market Loses LE4 bn In Week, EGX30 Index Down 2% // Marché De L’Égypte Perd LE4 Bn En Semaine, EGX30 Indice Baisse De 2 %
Egypt’s stock market has witnessed losses of LE4 billion this week, and all indexes were down, Egyptian Exchange data showed. The main EGX30 index, small...
FirstEnergy Capital Cuts Africa Oil Corp. Price Target to C$4.40 (AOI) // Objectif De Cours De FirstEnergy Capital Coupes Afrique Oil Corp à C$ 4,40 (AOI)
Equities researchers at FirstEnergy Capital lowered their target price on shares of Africa Oil Corp. (CVE:AOI) from C$5.00 to C$4.40 in a research report issued...
‘Tanzania Borrowing Page From Ethiopia On Commodity Exchange Market’ // « Page D’emprunt Tanzanie D’Éthiopie Sur Le Marché Des Changes Des Marchandises »
The government has said the Commodity Exchange Market will officially start operations when the recommendation study from the transaction adviser is complete. In a telephone...
Rand Collusion Investigation Leader Loves ‘ The Gory Details’ // Rand Collusion Enquête Leader Aime “Les Détails Sanglants”
For evidence of collusion, South Africa’s antitrust boss needn’t stray far from his Pretoria office. Standing on a third-floor landing looking across a grand...
Botswana Metals Confirms Share Purchase Plan Price // Botswana Métaux Confirme Part Achat Plan Prix
Botswana Metals has extensive news flow pending from an 8000 metre drilling program, where first assays intersected broad zones of nickel sulphides. Botswana Metals (ASX:BML)...
Centum Net Profit Jumps 160pc Helped By Asset Sales // Bénéfice Net Centum Saute 160pc Aidé Par La Vente D’actifs
Centum net profit jumps 160pc helped by asset sales Old Mutual Securities analyst Eric Munywoki, told Nation that the results were expected after Centum made...
Egypt’s Market Loses LE2.8 Billion On Sunday, EGX30 Down 0.6 % // Marché De L’Égypte Perd LE2.8 Milliards Dimanche, EGX30 Baisse De 0,6 %
Egypt’s stock market closed in the red zone on Sunday, as the benchmark EGX30 index declined by 0.59 percent, recording 8,728.87 points and a turnover...
US Stocks Dipped Over Greece, Fed Plans // Actions Américaines Plongées Contre La Grèce, Les Plans De La Fed
Wall Street took a cautious approach to mostly positive US economic data last week, bidding stocks lower on concerns about Greece and the prospects of...
Egypt Raises $1.5b in Bonds, First in 5years // Égypte Déclenche $1Milliards En Obligations, Tout D’abord Dans Les 5ans
Egypt sold $1.5 billion of 10-year bonds at a yield of six per cent, tighter than initial pricing guidance earlier in the day of 6.25...
Ecobank To Sell Off Nigeria Stake // Ecobank A Vendre Hors Jeu Du Nigeria
Pan-African lender Ecobank Transnational Inc. has said that it may end its battle against its former Chief Executive Officer (CEO), Thierry Tanoh, through an out-of-court...
JSE Rally Runs Out of Steam // JSE Rallye S’épuise De Vapeur
The remarkable turnaround on the JSE on Tuesday afternoon did not continue on Wednesday morning and by midday most of the major indices were again...
Tuskys of Kenya Plans Share Sale, Ethiopia Stores in Five Years // Tuskys du Kenya Prévoit La Vente D’actions, Magasins D’Éthiopie En Cinq Ans
by Charles Wachira Tuskys, Kenya’s second-biggest supermarket chain, plans to sell shares on the Nairobi Securities Exchange within five years while expanding into Ethiopia and...
M&M Enters Africa Chasing $1bn Revenue Opportunity // M & M Pénètre Dans Afrique Chasse Occasion De Revenus De 1Milliard $
Mahindra & Mahindra is looking to tap emerging business opportunities in Africa for which it has set up a new business unit to focus entirely...
Standard Group profit grows by 8 per cent despite industry hurdle
By Frankline Sunday Standard Group Non Executive Director Zehrabanu Janmohamed, Increased growth in advertising and heavy investment in technology have buoyed 2014 earnings of...
London Metal Exchange Aims To Boost Liquidity, Electronic Trading // London Metal Exchange Vise A Stimuler De Liquidité, Electronic Trading
The London Metal Exchange (LME) took more steps on Tuesday to boost liquidity by making it easier for new members, including US speculators, to have...