Market Insight: August 16, 2012


African Currencies as at approximately GMT 16:30

 
Country
Notation
Currency
 
South Africa
ZAR
8.2207
 
Nigeria
NGN
157.0500
 
Kenya
KES
84.00
 
Mauritius
MUR
30.60
 
Botswana
BWP
7.7072
 
Tanzania
TZS
1577.00
 
Uganda
UGX
2480.00
 
Rwanda
RWF
613.4700
 
Ghana
GHS
1.9375
 
BRVM
XOF
534.0798
 
Egypt
EGP
6.0780
 
Morocco
MAD
8.9662
 
Tunisia
TND
1.6206

Africa

•  Cal Bank of Ghana considering expansion into Asia in effort to benefit from growing trade ties
•  World Bank says Ghana needs $26bn for infrastructure to support economic growth
•  Botswana inflation rate unchanged at 7.3% in July

Nigeria

•  ASI -9bps, $10.29mill
•  UBA applies for local license in Zambia

Kenya

•  NSE20 +2bps, $2.41mill
•  Tiger Brands of South Africa looking to make more acquisitions in Kenya as part of strategy to grow revenues outside of SA

Botswana

•  DCI +5bps, $2.24mill

Egypt

•  EGX30 +19bps, $97mill

Mauritius

•  Closed

South Africa

•  Top40 -3bps, $1.31bn

Zambia

•  LuSE -6bps, $143k

Zimbabwe

•  Ind +43bps, Mining unch, $583k
 

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