Market Insight: April 10, 2012

After a long weekend break for Easter with almost all African markets shut, we expect activities to open on a quiet note this morning as investors and market participants begin to return after the holiday.

Africa

•  Nigerian Easter suicide bomb in Kaduna kills 9 and injures 38
•  Nigeria’s expected rebasing of its GDP later this year may catapult it from world’s 40th largest to 30th
•  Egypt’s former Intelligence Chief denies reviving old regime as Egypt contest begins
•  Zimbabwe Mail reporting that President Mugabe is in Singapore again for more intensive treatment
•  Mozambique Central Bank to announce interest rates on Wed 11 April
•  Bank of Ghana also due to discuss interest rates this week

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