Market Insight: April 15, 2013

Africa

•  South Sudan starts pumping oil through Sudan after halting production in Jan 2012
•  SABMiller sold 1st bond in South Africa in 6 years as it expands into Africa
•  Tanzania’s Mtera Dam water level rises to minimum level needed to generate electricity
•  Maamba Collieries to complete $550m debt financing to build Zambian power plant
•  Mozambique’s MPDC to spend $1.7bn on Maputo Port over 5 years to expand capacity

Nigeria

•  ASI +0.14%, $28.22m
•  A quiet day punctuated by some chunky crosses which spiked turnover while the banks still continue to rebound

Kenya

•  NSE20 -0.15%, $5.5m
•  Profit taking in a number of names as volumes a solid $5.5m
•  Kenya’s Energy Regulatory Commission cuts retail prices of gasoline, kerosene and diesel
•  Centum Investments to invest $22m in luxury marina project in Uganda
•  Kenya Airports Authority invites bids for design and construction of new domestic terminal ay Jomo Kenyatta Airport

Botswana

•  DCI +0.19%, $3.4m

Egypt

•  Semdex -0.07%, $1.14m

South Africa

•  Top40 -1.37%, $1.52bn

Zambia

•  LuSE -3.46%, $99k

Zimbabwe

•  Ind +0.15%, Mining +0.55%, $1.69m

African Currencies

Country

Notation

Currency

YTD %

South Africa

ZAR

9.25

-8.40

Nigeria

NGN

158.63

-1.56

Kenya

KES

85.50

+0.70

Mauritius

MUR

31.15

-1.93

Botswana

BWP

8.23

+5.81

Tanzania

TZS

1625.00

-2.46

Uganda

UGX

2627.00

+1.93

Rwanda

RWF

635.3474

-0.61

Ghana

GHS

1.93

-1.65

BRVM

XOF

509.18

-1.95

Egypt

EGP

6.78

-6.26

Morocco

MAD

8.58

-1.55

Tunisia

TND

1.58

-1.83

contacts
  • Bermuda +1 441 278 7620
  • South Africa +27 11 268 5833
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