Market Insight: February 31, 2012


Africa

•  Tanzania reduces coffee production forecast by 18% for season ahead
•  Angola names former Sonangol head Vicente as Economic Minister

Nigeria

•  ASI -71bps, $5.47mill
•  MPC expected to keep benchmark rate unch at record 12% in effort to curb inflation after fuel subsidy partly removed
•  Court rules that Bharti must reinstate Econet’s 5% holding

Kenya

•  NSE20 +70bps, $1.4mill
•  Acting Finance Minister Githae says priorities are interest rate and shilling

Botswana

•  DCI +12bps, $16k

Egypt

•  EGX30 -10bps, $76mill

Mauritius

•  Semdex +23bps, $714k

South Africa

•  Top40 -92bps, $1.53bn

Zambia

•  LuSE -17bps, $20k

Zimbabwe

•  Ind +31bps, Mining +2bps, $312k
 

contacts
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