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.
• BP agrees to fast-track Egyptian gas field
• Egypt's central bank keeps interest rates on hold in October
• Egypt budget deficit for FY 2014/2015 drops to 11.5 pct
• Statistical Service to rebase 3 economic indices
• Ghana makes progress on structural reforms
• Uchumi Supermarkets cuts ties with employment agencies
• Co-operative Bank eyes diaspora cash in money transfer deal with SimbaPay
• KCB set to open office in Ethiopia
• Botswana's Choppies seals deal to acquire Ukwala
• Kenya Airways denies possible revenue loss to former workers
• Kenya's Safaricom raises forecasts on sharp rise in subscribers
• Kenyan shilling stable, seen supported by high debt yields
• Mauritius Sun Ltd Q1 pretax loss widens 40 pct
• Mauritius tourist arrivals rise 10.4 pct in 10 months to Oct
• Mauritius tourist arrivals rise 10.4 pct in 10 months to Oct
• Stanbic IBTC Group Records N104.4bn Gross Earnings in Nine Months
• Diamond Bank Q3 Profit Drops to N15.967 Billion
• KPMG Defends Audit Opinions on StanbicIBTC Financial Statements
• KPMG Defends Audit Opinions on StanbicIBTC Financial Statements
• Guinness Announces 3% Growth in Revenue for First Quarter
• Nigerian Breweries Raises N17.7 Billion Via Commercial Paper
• Fidelity Bank Records N11.4bn Third Quarter Profit
• Nigeria's central bank sees no need for Stanbic IBTC to restate accounts
• Nigeria's Fidelity Bank sees lower deposits as MTN may take funds to pay fine
• Nigeria renews MTN's license as talks continue over $5.2 bln fine
• Skye Bank Pledges Funding, Capacity Building for SMEs
• Nigerian Stock Exchange May Sanction Oando over Delayed Results
• Oando Announces Payment of $100m Afrexim Debt
• Conoil Declares Profit Before Tax of N1.8bn in Nine Months
• Nigeria's state oil company records Aug, Sept losses
• Nigeria to raise 123 bln naira in treasury bills
• CRDB Bank makes splendid performance
• Equity Bank posts outstanding performance
• Equity Bank posts outstanding performance
• Month-end corporate demands lift shilling
• Shilling gains after president's swearing-in
• IFC to support Tanzania ease power shortages
• Zambian Breweries $33m malting plant to be ready next March
• Glencore Can't Fire Workers at Zambian Unit, President Says
• Customer deposits increase - BAZ
• Low copper prices, load-shedding holding Zambia back - IMF
• Zambia lifts benchmark rate to record 15.5 pct to curb inflation
• Zambia's kwacha falls to new record low against dollar
• Zimplats back in the black, reports $6mln profit in Q3
• Funding Constraints Hamper Econet Project
• U.S $1,1 Billion Cash Roll-Out for Hwange Deal
• Indian Investor to Set Up U.S $30 Million Bottling Plant
• Zimbabwe's Q3 tax revenue below target, mining royalties fall
• Telcos plead with govt to reverse tariff cut as sector's revenue takes 14pct knock
• Z im-Mozambique trade rises to $725m
• Overvalued US$ hits Zim exports
• Zimbabwe Chrome Exports Resumes