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's Debswana cuts diamond production due to market downturn
• Profits in Botswana banking sector fall 17 pct in 2014
• Botswana sees budget deficit narrowing in 2016
• Egyptian real estate developer SODIC appoints managing director
• Egypt gas find a big draw for international investors -Dana Gas chief
• Egypt eyes second international bond issue of at least $1 bln
• Trade deficit, currency crisis push Egypt's net reserves further down
• Egypt's current account deficit climbs to $12.2 bn in FY 2014/15
• GDP for first half of year low
• ADB Extends IPO To October 9
• IMF Puts Ghana's Public Debt Beyond Pre-HIPC Levels
• Gov't cancels bond issue on grim outlook
• Kenya's I&M Holdings says plans to buy Giro Commercial Bank
• New CEO to refurbish Uchumi Supermarket stores
• Kenyan shilling weakens on corporate dollar demand
• Kenyan shilling loses more ground, close to all-time low
• CBK pumps dollars into market to help shilling
• Kenya signs China nuclear power deal
• Mauritius inflation rate at 1.1 pct year-on-year in August: stats office
• Sahara Plans to Dual List Oil and Gas Unit in London, Lagos
• UBA shares surge as positive results boost demand
• SEC Suspends Stanbic IBTC Rights Issue
• Reserves rise by $2b, parallel market volatility persists
• JP Morgan expels Nigeria from bond index
• Telcos Defiant, Risk Additional Fines
• Nigerian stocks slump, regulators intervene after JP Morgan index action
• Mwalimu Bank's Dar bourse listing further delayed
• Investment in the 7-year bond seen falling
• Glencore Zambian Move to Halt 26% of Country's Copper Output
• Zambia to address jobs threat at Glencore's Mopani Copper
• Zambian president may step in to stem kwacha free fall: spokesman
• Govt approves Zimplats plan to sell 10pct equity to workers after rejecting 2013 indigenisation deal
• BancABC slips into $162k loss
• Cairns Foods ups capacity utilisation to 35pc
• Fidelity H1 profits jumps 140pct
• Dangote team in country for investment deals
• Zimbabwe plans to clear $1,8 billion arrears
• Govt meets IMF targets
• Govt creates SPV for chrome exports
• IMF does not see new Zimbabwe loans in at least three years