Could indigenisation laws spark a wave of listings on the ZSE? Published by Imara Africa Securities team on 7 November 2010 While the adoption of a multicurrency regime in Zimbabwe has provided some form of respite for local companies, the key restraint relates to the general lack of liquidity.
African equity investment options set to expand Published by Imara Africa Securities team on 4 November 2010 Sub-Saharan Africa could well have another stock market joining its ranks next year, with the news that Lesotho is planning to open an exchange before the end of 2011, according to its finance minister Timothy Thahane.
Nigeria looks to boost liquidity and foreign participation on stock exchange Published by Imara Africa Securities team on 29 October 2010 The Nigerian stock exchange may lengthen its trading hours and loosen restrictions on share price movements in a bid to boost liquidity an attract more foreign investors.
India increasing the pace as it plays catch up in Africa Published by Imara Africa Securities team on 27 October 2010 Interest in Africa from India goes beyond the telcos (Bharti Airtel) and the cement sector, as Bloomberg highlighted in a report on 24 October.
Importance of remittances highlighted in reports Published by Imara Africa Securities team on 24 October 2010 A recent report said that sub-Saharan Africa trails other regions in its annual share of remittances and it should take steps to raise it in order to fund much-needed development.
Mobile banking moving beyond just providing transactional services Published by Imara Africa Securities team on 15 October 2010 The wires reported yesterday that Safaricom, Kenya’s biggest mobile network operator, is looking to expand the marketing of mobile phone-based banking services.
SABMiller targets Ethiopia’s consumer market potential Published by Imara Africa Securities team on 12 October 2010 Ethiopia’s beverages industry holds exciting prospects for the world’s second largest brewer, SABMiller.
Kenyan banking sector still has plenty of room for growth Published by Imara Africa Securities team on 8 October 2010 Reuters last week reported that Kenyan banks are set for consolidation to meet a deadline to boost minimum core capital and cut costs in a lower interest rate environment.
Recovering copper prices to positively impact Zambian economy Published by Imara Africa Securities team on 1 October 2010 Zambia’s economy went through a difficult patch when the global crisis hit and the demand for commodities fell with the resultant impact on prices.
Mauritius throws another fillip at struggling economy Published by Imara Africa Securities team on 28 September 2010 As concerns around the pace of its economic recovery continue, Mauritius’ central bank has reduced its benchmark interest rate by one percentage point to 4.75%.
Safaricom continues to look at ways to defend market share Published by Imara Africa Securities team on 22 September 2010 As the price wars in the Kenyan mobile sector intensify, Safaricom last week slashed the cost of SMS’s by as much as 94%.
Banking sector uncertainty continues to plague Nigeria Published by Imara Africa Securities team on 21 September 2010 The major driver of Nigeria’s stock exchange, the banking sector, has continued to wallow in the doldrums, steadily heading lower and lower.
Dangote Cement listing to provide foundation for NSE recovery? Published by Imara Africa Securities team on 9 September 2010 Reports coming out of Nigeria have confirmed that Nigeria’s stock exchange has approved the listing of Dangote Cement.
Uganda’s growth expected to outpace big brother Kenya Published by Imara Africa Securities team on 5 September 2010 Uganda, like the rest of East Africa relative to Kenya, tends to play in the shadows when it comes to being a potential investment destination.
