Africa Newspapers

AllAfrica News: Stock Markets

• South Africa: JSE Fixing News Feed Service
  [BuaNews] Pretoria - The Johannesburg Stock Exchange (JSE) says it is working on restoring its news feed, which is down due to technical problems.
  
  
• South Africa: JSE Trading Restored
  [BuaNews] Pretoria - Trading on the Johannesburg Stock Exchange (JSE) has been restored following delays earlier this morning.
  
  
• Kenya: Airways Taps Three Stockbrokers to Boost Rights Issue
  [Business Daily] Kenya Airways' appointment of three different sponsoring stockbrokers in Kenya, Uganda and Tanzania for its forthcoming Sh22 billion rights issue will boost chances of hitting the share sale target, analysts said.
  
  
• Tanzania: Tanzanite to Be Listed On Stock Exchange
  [Daily News] OPPORTUNITIES for collective ownership of Tanzanite mines located in Simanjiro district, Manyara region have opened wide as Richland Resources Ltd, the company that owns Tanzanite One Mining Limited works on the final stages of listing on the Dar es Salaam Stock Exchange (DSE).
  
  
• Kenya: CMA to Pay Off Investors in Fallen Stockbroker Discount Securities From Wednesday
  [Business Daily] Market regulator Capital Markets Authority (CMA) will start compensating investors who incurred losses through fallen stockbroker Discount Securities Limited from Wednesday.
  
  
• South Africa: New Policy - JSE to Entice Foreign Firms
  [SA Info] A recent policy change by the National Treasury makes it easier for South African investors to trade in foreign domiciled companies, and the JSE now considers these companies eligible for inclusion in its domestic indices.
  
  
• Kenya: Francis Thuo to Negotiate for Stake At the NSE After Termination of Case
  [Business Daily] Francis Thuo and Partners will negotiate for recognition as shareholder of the Nairobi Securities Exchange (NSE) following a High Court ruling that advised directors of the failed stockbroker to settle an ownership dispute with the bourse out of court.
  
  
• Uganda: Stanbic Dominates At the USE
  [EA Business] Kampala - Stanbic Bank Uganda has continued to dictate the pace and direction at which the Uganda Securities Exchange (USE) moves after posting another impressive performance at the bourse last week.
  
  
• Tanzania: TanzaniateOne to List On DSE
  [EA Business] Dar es Salaam - Tanzania's local ownership in the mining sector has been expanded following the recent announcement by the TanzaniateOne Mining Ltd, a fully owned subsidiary of Richland Resources Ltd, that it plans listing at the Dar es Salaam Stock Exchange (DSE).
  
  
• Rwanda: Turnover Dips At Kigali Exchange
  [EA Business] Kigali, Rwanda - Rwanda Stock Exchange (RSE) recorded low trading volumes in two trading sessions last week after the news that the one-year-old bourse was not expecting any domestic listings this year.
  
  
• Kenya: Money Markets Nervous Ahead of Off-Shore Loan
  [East African] Financial markets in Kenya remain nervous as the government puts the final touches to a $600 million off-shore loan it has negotiated with three international commercial banks.
  
  
• Namibia: Oryx Leads Trading On Stock Exchange
  [Namibian] THE Overall Index of the Namibian Stock Exchange (NSX) rose by 1,5 per cent week-on-week, while its Local Index rose by 1,7 per cent African Alliance Securities said in its report for the week ended February 2.
  
  
• Nigeria: SEC Endorses N27 Billion Ondo State Bond Issue
  [The Moment] THE Securities and Exchange Commission (SEC) has approved the bid by the Ondo State Government to raise ($170 million) N27 billion from the bond market.
  
  
• Zimbabwe: Investors Lose Over U.S.$150 Million On ZSE
  [The Herald] INVESTORS on the Zimbabwe Stock Exchange have lost more than US$150 million since the beginning of the year, as equities have remained fairly subdued. The market was valued at US$3,7 million last year and closed yesterday at US$3,5 million.
  
  
• Egypt: Bourse Gains EGP 6 Billion in a Week
  [Egypt Online] The Egyptian Stock Exchange (ESE) witnessed an upward trend during trading sessions of the past week supported by purchases of leading shares amid the continued optimism towards return of economic and political stability to Egypt, but the events of Port Said stadium on Wednesday created a state of confusion on the market that reduced the weekly gains.