Market Insight Archive
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Market Insight: June 08, 2012
Africa
• Woolworths Holdings aims to triple sales growth in Africa from 3% to 10% within next 7 years with 2 stores in Nigeria and 1 in Mauritius recently opened
• Angolan inflation rate declines to 10.5% in May (down from 10.9%)
Nigeria
• ASI -1.25%, $11.53mill
• MTN spending $1.3bn to upgrade Nigerian network to expand capacity and improve quality of services
Kenya
• NSE20 +45bps, $2.4mill
• Kenya Airways raises min subscription of KES14.5bn in rights offer
Botswana
• DCI unch, $106k
Egypt
• EGX30 -11bps, $20mill
Mauritius
• Semdex -6bps, $934k
South Africa
• Top40 +91bps, $2.06bn
Zambia
• LuSE -45bps, $53k
Zimbabwe
• Ind -29bps, Mining unch, $4.4mill
- Bermuda +1 441 278 7620
- South Africa +27 11 268 5833
