Market Insight: September 16, 2013


Africa

•  Zimbabwe’s ZESA says that power cuts to rise as electricity imports to drop from 300MW to 50MW as Mozambique supplier does planned maintenance work
•  Zambia considering new oil pipeline from Ndola refinery to Tanzania’s port in Dar es Salaam
•  Zimbabwe’s consumer prices rise 1.28% in August from previous month

Nigeria

•  ASI -0.35%, $13.64m
•  Volumes remained thin in Lagos with just the odd cross contributing to another lackluster day

Kenya

•  NSE20 +0.35%, $4.6m
•  A drop in foreign activity caused a drop in total turnover
•  Kenya raises maximum retail prices of petrol, kerosene and diesel

Botswana

•  DCI +0.19%, $30k

Egypt

•  Closed

Mauritius

•  Semdex +0.06%, $997k

South Africa

•  Top40 -0.35%, $1.1bn

Zimbabwe

•  Ind -0.99%, Mining unch, $1.31m

African Currencies

Country

Notation

Currency

YTD %

South Africa

ZAR

9.93

-14.69

Nigeria

NGN

163.05

-4.23

Kenya

KES

87.55

-1.66

Mauritius

MUR

30.90

-1.13

Botswana

BWP

8.53

+9.67

Tanzania

TZS

1615.00

-1.86

Uganda

UGX

2571.50

+4.13

Rwanda

RWF

655.50

-3.67

Ghana

GHS

2.09

-9.20

BRVM

XOF

496.92

+0.47

Egypt

EGP

6.89

-7.71

Morocco

MAD

8.42

+0.50

Tunisia

TND

1.65

-6.29

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