Market Insight: April 25, 2013


Africa

•  Vodafone boosting investments in African businesses on higher growth rates
•  SAP to grow businesses into Africa as Europe and Asian remains slow
•  Ghana expects oil output to more than double by 2021 as output rises at Jubilee and other sites
•  Namibia’s Central Bank keeps benchmark rate unchanged at 5.5%

Nigeria

•  ASI 1.05%, $28.85m
•  ASI up strongly although activity outside of a couple of crosses very subdued

Kenya

•  NSE20 -0.29%, $7.5m

Botswana

•  DCI -0.05%, $941k

Egypt

•  EGX30 -0.22%, $34m

Mauritius

•  Semdex -0.15%, $444k

South Africa

•  Top40 +0.07%, $1.71bn

Zambia

•  LuSE +0.48%, $22k

Zimbabwe

•  Ind +0.25%, Mining +0.65%, $970k

African Currencies

Country

Notation

Currency

YTD %

South Africa

ZAR

9.17

-7.69

Nigeria

NGN

158.95

-1.76

Kenya

KES

83.75

+2.81

Mauritius

MUR

31.05

-1.61

Botswana

BWP

8.20

+5.42

Tanzania

TZS

1628.00

-2.64

Uganda

UGX

2553.31

+4.87

Rwanda

RWF

636.00

-0.71

Ghana

GHS

1.96

-3.10

BRVM

XOF

506.90

-1.49

Egypt

EGP

6.92

-8.16

Morocco

MAD

8.55

-1.17

Tunisia

TND

1.60

-3.51

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