Engen Botswana volumes have increased despite the upturn in international oil prices, which has seen local fuel pump prices going up. The company published first half-year results to September 2009, reporting a 17.3 percent increase in Earnings Per Share to P0.26.
The KenGen public infrastructure bond lived up to its promise to become the first offer to trade on an automated system.
Cellcom Telecommunication Incorporated, the privately-owned American cell phone and Internet Company in Liberia is offering opportunities to Liberians, other residents and business houses to participate in profit-sharing rights of the company. This is the first time a profitable and privately-owned company is offering shares to the Liberian public.
The highly anticipated pan-African commodity and derivatives exchange, Bourse Africa, is now expected to be fully operational in the first quarter of 2010 after some delays due to regulatory issues.
In a quarterly update as required by the government authorities, Discovery Metals says its Boseto Copper Project's Bankable Feasibility Study (BFS) was approximately 60 percent complete by the end of September.
The Director General of the Nigerian Stock Exchange (NSE), Professor Ndi Okereke-Onyiuke, has said that the Central Securities and Clearing System (CSCS), has seized to be a wholly owned subsidiary of the NSE.
Eastern and Southern African Trade and Development Bank (PTA Bank) has issued a $21.3 million (Ush40 billion) corporate bond to be listed on the Uganda Stock Exchange (USE).
TALKING to many business owners today, the major impediment in their way is the lack of working capital and long term loans to re-structure their balance sheets after a decade of negative physical capital formation. That granted, they see a bright future where productive capacity utilisation levels will increase. Notwithstanding the current predictability of the broad pricing mechanism, many fail ...
Kalahari Minerals plc, the AIM listed mining exploration and evaluation group with a portfolio of uranium, gold and base metal interests in Namibia has began trading on the Namibian Stock Exchange.
The Namibia Stock Exchange shared in the strong global growth since 2003, with the overall index increasing from 259 at the end of March 2003, to peak at 1034 on 11 October 2007.
CLOTHING retailer Truworths yesterday reported a 10% increase in sales in the first 18 weeks of its 2010 financial year to this month, but warned trading conditions remained tough and many consumers were still under pressure despite declining interest rates.
FOSCHINI group said yesterday the expected upturn in the economy was not yet evident as retail trading conditions remained tough and consumer spending remained under pressure.
In furtherance of its effort to make the capital market paperless, the Nigerian Stock Exchange yesterday said the bill for dematerialisation of share certificate has been sent to the National Assembly for consideration.
SA's ballooning budget deficit did not pose an immediate threat to its credit rating, but political will to restore fiscal discipline when the economy recovered could prove challenging, rating agency Standard and Poor's (S&P) said yesterday.
Nominee of President Umaru Musa Yar'Adua for the position of Director General of Securities and Exchange Commission (SEC), Miss Aruma Oteh told the Senate Committee on Capital Market yesterday that capital market operators had betrayed the trust of Nigerians.
