Market Insight Archive
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Market Insight: February 28, 2012
Africa
• Derba Group, owned by Saudi billionaire Mohammed al-Amoudi, to invest $3.4bn in Ethiopia in 5 years
• Uganda planning partnership with IBI on Uranium
• Uganda Central Bank says economic growth may slow to 4% in 2011-12
Nigeria
• ASI -57bps, $16.8mill. Reversal in banking with sector down 89bps
Kenya
• NSE20 +30bps, $1.8mill. Safcom -3.23%, closing at KES3.00 with foreign activity high on the counter
• - BAT Kenya plans to raise capital expenditure to boost production
Botswana
• DCI unch, $41k
Egypt
• EGX30 -97bps, $76mill
Mauritius
• Semdex -11bps, $937k
South Africa
• Top40 -1.31%, $1.11bn
Zambia
• LuSE +46bps, $404k
Zimbabwe
• Ind +31bps, Mining +2.21%, $723k
- Bermuda +1 441 278 7620
- South Africa +27 11 268 5833
