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.
• Botswana cuts 2015 growth to 2.6 pct on falling diamond prices
• Egypt's Orascom Construction says back in profit in 2014
• Egypt's Ezz Steel posts Q1 2015 net loss of $17 million
• Egypt's Juhayna chairman barred from trading on Cairo bourse
• Egypt seeks 50 pct Internet penetration by end-2016 - minister
• Egyptian unemployment eases to 12.7 pct in Q2 -statistics agency
• Oriental Weavers accused of 'monopolistic practices' -Egypt's competition authority
• Egypt to lower top tax rate and threshold, freeze capital gains tax, in two weeks
• Egypt, Saudi Aramco sign $1.4 bln oil products deal
• Ghana opposition demands new electoral register before 2016 poll
• Cedi Fall Resurfaces
• Kenya's Pan Africa Insurance reports 17 pct fall in profit
• Mumias warns of wider annual loss
• Kenya's NIC Bank says pretax profit up 10 pct in first half
• Kenya's Standard Chartered bank's H1 pretax profit down 31 pct
• Kenyan shilling weakens, seen in a tight range
• Kenya to stabilise currency by tightening deficit - finance minister
• Kenyan shilling weakens on dollar demand from various sectors
• Kenya's Mombasa port shows growth, increased efficiency
• Kenya Mulls $50 Million Mineral, Oil Laboratory for East Africa
• Kenya telecoms regulator says not targeting any firm with new competition rules
• Mauritius sugar firm Terra Mauricia narrows H1 pretax loss
• Mauritius' Sun Resorts swings to Q2 profit as occupancy recovers
• Mauritius 4-year central bank note yield rises to 4.29 pct
• Mauritius tourism earnings down 3.5 pct in first half
• Access Bank Completes Rights Issues, Raises N41.8Billion
• Access Bank Misses Capital Target as Nigeria Investors Exit
• Access Bank Grows Profit by 44 % to N39bn, Declares Interim Dividend
• Nigeria's Sterling Bank H1 pretax profit up 1.3 pct
• Nigerian Guaranty Trust bank's H1 pretax profit up 18 pct
• Nigeria's NNPC to review production-sharing contracts, joint ventures
• Nigerian stock index falls 4-1/2 month low, naira firms
• Nigeria's Foreign Trade Drops Further by N20bn in Second Quarter
• CRDB Bank right issue gets impressive success
• Tancoal gets 2bn/- boost from KCB
• CRDB's right issue lifts Dar bourse status
• Shilling to stabilise in near future
• Lafarge Zambia Profits Soar as Moody's Affirms New Cement Giant
• $1.25bn Eurobond to be given as loans
• Zambia to end power tariff subsidies for big firms - govt spokesman
• $1.25bn Eurobond to boost Kwacha
• Old Mutual eyes informal sector as property market underperforms
• African Sun courts SA's Legacy Hotels group
• Government takes steps to boost its fragile economy
• Zimbabwe's consumer prices drop 2.77 pct y/y in July
• Zim govt seeks to reverse court ruling on job cuts, new regulations to apply retrospectively
• AfDB bails out Zimbabwe
• Zimbabwe parliament overturns adverse report on jobs law, railroads labour amendments
• World Bank Gesture Shows Goodwill
• Zimbabwe Open to Foreign Investment