Market Insight: July 23, 2012


African Currencies as at GMT 15:30

 
Country
Notation
Currency
 
South Africa
ZAR
8.2494
 
Nigeria
NGN
161.345
 
Kenya
KES
84.18
 
Mauritius
MUR
31.1
 
Botswana
BWP
7.7429
 
Tanzania
TZS
1583
 
Uganda
UGX
2470
 
Rwanda
RWF
613.0537
 
Ghana
GHS
1.9575
 
BRVM
XOF
541.0701
 
Egypt
EGP
6.0628
 
Morocco
MAD
9.0327
 
Tunisia
TND
1.6274

Africa

•  Zambian Deputy Finance Minister says Zambia plans to introduce law on mining export income
•  Ghana seeking partnerships with private investors to raise $2.5bn to upgrade airports, expand harbors and develop roads
•  Tunisia tourism earnings climb 36% in H1 as visitors return after the 2011 revolution
•  Uganda power distributor Umeme plans to spend more than $350mill upgrading network over next 7 years
•  Omnicane of Mauritius plans to auction medium term notes on 25 July

Nigeria

•  ASI -1bp, $13.44mill
•  MPC plans to announce interest rates on 24 July

Kenya

•  NSE20 +38bps, $2.2mill

Botswana

•  DCI +1bp, $56k

Egypt

•  Closed today

Mauritius

•  Semdex -12bps, $1.2mill

South Africa

•  Alsi -19bps, $1.3bn

Zambia

•  LuSE -5bps, $19k

Zimbabwe

•  Ind -24bps, Mining +3.65%, $4.1mill
 

contacts
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  • South Africa +27 11 268 5833