Company News View All

Global broker Securities Africa opens Kenya office

We are pleased to announce...

more

Weekly African Footprint: February 13 2014

Below is a headline summary of our Weekly African Footprint. Please click here for more detailed reports. It includes the following:

Quick summary table displaying the performance of all the African Stock Exchanges and African currencies on a WTD and YTD basis. Summaries of the keys markets and relevant economic and corporate news.

Do not hesitate to contact us should you require further information.


Egypt

•  Egypt's SODIC says plans about 2.3 bln Egyptian pounds in investments in 2015
•  Vodafone Egypt spending $1.25 billion on network upgrade
•  Emaar Misr formally requests Egypt bourse listing
•  French defence minister confirms Rafale talks with Egypt TV
•  Egypt urban consumer inflation falls to 9.7 pct in Jan
•  Egypt's core inflation falls to 7.06 pct in January: central bank
•  IMF says Egypt's reforms starting to spur turnaround in economy
•  Egyptian Steel plans two new factories, sees strong demand
•  Egypt PM sees GDP growth accelerating to 4 pct in current year

Ghana

•  IMF welcomes Ecobanks governance strides
•  Weak cedi, energy challenges choke economy
•  Ghana cocoa main crop purchases down 23.9 p
•  Ghana consumer inflation slows in January as oil price falls
•  Ghana cocoa main crop purchases down 23.9%

Kenya

•  Centum enters beer market with Carlsberg franchise
•  Kakuzi valuation rises to one-year high of Sh4.5bn
•  Co-op Bank spent Sh1.2bn to send home 160 employees last year
•  EABL tipped a good bet among African beer-makers
•  Safaricom hit by major network outage in Nairobi
•  East African Cables 2014 profit down; to open upgraded plant
•  Kenya's state-run firm to raise $2 bln to buy into oil blocks
•  Kenya's EABL sees earnings boosted by rising beer and spirit sales
•  Kenyan shilling weakens on dollar strength after U.S. jobs data
•  Top price of Kenya's best grade tea rises at latest sale
•  Kenyan shilling seen supported by inflows targeting bond sale

Mauritius

•  Mauritius yr/yr inflation rises to 0.7 pct in January
•  Mauritius 2014 sugar output hit by strike, heavy rains

Nigeria

•  IMF, Ecobank Differ on Bank's Corporate Governance
•  Nigerian Breweries promises investors greater value
•  Dangote pledges early completion of refinery, others
•  Lafarge, Shelter Afrique in low-income housing pact
•  Nigerians flee naira as politics casts 'dark shroud'
•  Consolidation Looms for Nigerian Companies to Survive Oil Price Drop
•  SEC Moves against Rules Violation, Indiscipline in Capital Market
•  Index Declines Further as Market Extends Losses
•  Nigerian Breweries to Pay N3.50 Final Dividend

Zambia

•  Zambia's Konkola says needs tax refunds to return to profit
•  Zambia taxes investors' patience with changing royalty policy
•  Zambia minister says payment of mining royalties can be deferred

Zimbabwe

•  Cafca pins hope on its holding company in South Africa
•  Mwana Africa calls for power price cut for Zimbabwe gold mine
•  Zimbabwe tax will cost Amplats $10 million a year
•  Zimbabwes GDP Set to Expand 3.2% in 2015 as Deflation Persists
•  Zimbabwe's central bank takes over $65 mln in bad loans from banks
•  RBZ subsidiaries to resume operations

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