Market Insight: February 07, 2013


Africa

•  Glencore, Vedanta Zambian units face demands for higher dividends
•  Zambia mine-law change will be investor friendly, minister says
•  Ghana’s foreign direct investment fell 28% on election concerns
•  Zimbabwe spent $45.7m on drafting new constitution

Nigeria

•  ASI +1.24%, $40.73mill
•  Top-tier banks extremely active once again with both local and foreign participation
•  IFC debut Nigerian bond garners demand twice amount offered

Kenya

•  NSE20 +0.87%, $5.2mill
•  Kenyatta asks ICC to consider dropping Kenyan atrocity charges

Botswana

•  DCI +12bps, $165k

Egypt

•  EGX30 -181bps, $86mill

Mauritius

•  Semdex +34bps, $2.42mill

South Africa

•  Top40 -34bps, $1.51bn

Zambia

•  LuSE +83bps, $59k

Zimbabwe

•  Ind -11bps, mining unch, $6mill

African Currencies

Country

Notation

Currency

YTD %

South Africa

ZAR

8.92

-5.02

Nigeria

NGN

157.55

-0.89

Kenya

KES

87.65

-1.77

Mauritius

MUR

30.45

+0.33

Botswana

BWP

8.00

+2.88

Tanzania

TZS

1617.00

-1.98

Uganda

UGX

2655.00

+0.86

Rwanda

RWF

632.54

-0.17

Ghana

GHS

1.90

-0.05

BRVM

XOF

487.28

+2.49

Egypt

EGP

6.70

-5.06

Morocco

MAD

8.29

+2.10

Tunisia

TND

1.54

+0.43

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