Market Insight: January 06, 2013


Africa

•  Zimbabwe plans 150,000 tons of corn imports from South Africa
•  Uganda Central Bank holds lending rate at 11.5%
•  Barrick Gold’s Zambian unit seeks to extend mine life to 2039

Nigeria

•  ASI +0.54%, $26.2mill
•  Tier-1 banks led the market higher on Friday while Oando drove activity
•  FBN says annual profit curbed by new regulations

Kenya

•  NSE20 -0.20%, $4.1mill
•  Kenya Geothermal Development Co seeks investors for 300MW plant

African Currencies

Country

Notation

Currency

YTD %

South Africa

ZAR

10.67

-1.71

Nigeria

NGN

159.19

+0.45

Kenya

KES

86.90

-0.69

Mauritius

MUR

30.25

-0.66

Botswana

BWP

8.78

-0.70

Tanzania

TZS

1560.00

+1.92

Uganda

UGX

2535.27

-0.33

Rwanda

RWF

673.00

+0.45

Ghana

GHS

2.32

+2.37

BRVM

XOF

482.90

-0.57

Egypt

EGP

6.95

-0.10

Morocco

MAD

8.26

-1.01

Tunisia

TND

1.66

-1.01

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