Market Insight: August 13, 2012


African Currencies

 
Country
Notation
Currency
 
South Africa
ZAR
8.1454
 
Nigeria
NGN
161.6250
 
Kenya
KES
84.10
 
Mauritius
MUR
30.75
 
Botswana
BWP
7.6687
 
Tanzania
TZS
1572.50
 
Uganda
UGX
2487.50
 
Rwanda
RWF
613.2620
 
Ghana
GHS
1.9567
 
BRVM
XOF
530.4001
 
Egypt
EGP
6.0787
 
Morocco
MAD
8.8915
 
Tunisia
TND
1.6063

Africa

•  Egypt President Mursi Removes Military Aides in `Gutsy’ Shake-Up
•  Egypt Cancels Debt Sale After It Secured Funds From Qatar
•  Millicom’s Tigo to Spend $100m in Tanzania, Cellular News Says

Nigeria

•  ASI +0.26%, USD 9.78m
•  Nigeria Economy to Expand 6.8% Next Year on Farming, Oil

Kenya

•  NSE 20 +0.2%, USD 5.8m, , foreign participants accounted for 66% of the activity boosting turnover and helping the alsi gain +0.26%
•  Kenya Reinsurance Profit Jumps 36% on Investment Income
•  Kenya Foreign Exchange Reserves Fall to $4.97 Billion by Aug. 9

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