Market Insight: January 04, 2013


Africa

•  Ugandan Central Bank leaves benchmark rate unchanged at 12%
•  Egyptians fret over Pound as IMF back Dollar sales
•  Zambia’s Central Bank limits interest charges for micro-lenders
•  Botswana growth slowed to 5.7% in Q3 as production of diamonds dropped
•  Zimbabwe halts some farm seizures after $600m lawsuit

Nigeria

•  ASI -0.21%, $16.05mill
•  Banks were the outperformers yet again yesterday with the Bank10 Index gaining 1.93%

Kenya

•  NSE20 +0.45%, $2.2mill
•  The Shilling weakened to its lowest in since 30 May 2012 (86.40 per Dollar) yesterday

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