Market Insight: December 18, 2012

Africa

•  Infrastructure Development Bank of Zimbabwe raises $17.8m from bond sale to upgrade power plants
•  Tanzania inflation slows for 11th consecutive month to 12.1% as food price increases slow

Nigeria

•  ASI -0.70%, $20.59m
•  Activity centered on Zenith Bank while consumers also active
•  Inflation rate increases in Nov to 12.3% as worst floods in decades cut farming output

Kenya

•  NSE20 +0.27%, $12.9m
•  Extremely active day in Kenya as crosses in BMBC and EABL dominate the sessiont

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