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.
• Dim copper price outlook leads to Botswana mine closure
• Botswana leaves benchmark rate at 7.5 percent
• Egypt signs first gas fracking contract with Apache, Shell
• Egypt market sinks 5% as foreigners revaluate investments on global losses
• France to fund new trains for Egypt's metro
• Egyptian pound steady at official auction, stronger on black market
• Egypt's market slides 4.6% to 5 month-low
• Egypt's stocks rally as regional markets stabilise
• Egypt targets 4.3 pct growth in 2015/16 draft budget
• World Bank urges Egypt to make reforms before investor conference
• Ghana must cut "ghost workers" from payroll before aid resumes EU
• New gas plant could save Ghana $300 mln on fuel costs -official
• Kenya Sugar Industry to Cut Costs Before Safeguards Removed
• Seal of approval as Uchumi rights issue is overshot by 83 per cent
• KCB to be City Halls main banker over 8-year loan term
• Bamburi in fresh Sh492m tax row with KRA
• Uchumi shareholder moved 2.3m shares ahead of rights issue
• Court stops rollout of Equity Banks thin SIM cards
• Kenya's Uchumi raises 896 mln shillings for expansion
• KenGen's rights issue set for Q1 2015 -official
• Kenyans edge foreign rivals out of big power contracts
• Kenya cuts maximum retail prices of fuel
• Kenya's 2-year, 15-year bond yields up; Treasury bills mixed
• Kenyan shares fall to four-month low, shilling steady
• New Mauritius Hotels posts 11.6 pct rise in annual pretax profit
• Nigerias UBA Capital Halts Africa Expansion on Ebola Concerns
• UBA Extends Banking Services to Twitter
• Nigerian Stock Index Drops to 2-Year Low as Oil Trades Under $60
• Nigeria Sinks Below Zimbabwe Stock Valuations on Oil Rout
• Nigeria consumer inflation eases to 7.9 pct y/y in Nov -stats office
• Nigeria's economic pain may not decide election
• Nigeria's main oil worker unions to start strike on Dec 15
• Nigeria oil savings fall 13 pct to $3.1 billion minister
• Oil price plunge forces Nigeria to slash 2015 growth forecast
• Nigeria's recurrent spending takes lion share of budget
• Nigerian central bank restricts dollar holdings to curb speculation on naira
• Yields rise over 200 basis points at Nigeria debt auction
• Yields Rise Above 200 Basis Points at Debt Auction
• Barrick to suspend operations at Zambian mine after royalty increase
• Copper firms on supply outlook worries, oil price rise
• MBCA to rebrand to Nedbank
• World Bank to audit Zim civil service
• Cotton Sector Collapses
• Canadian bank snaps 9,5% stake in AfrAsia
• Low prices affect gold sector
• World Bank plans $100 million fund for Zimbabwe
• Zimbabwe to lobby against tobacco law