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ZIMBABWE Stock Exchange (ZSE) listed African Sun Limited will seek a secondary listing on the Johannesburg Stock Exchange (JSE) by the end of the year, CEO Shingi Munyeza said.
The Rwanda Over The Counter (OTC) market was quiet as no transactions were recorded.
The federal government should not experiment with the appointment of a new Director-General of the Securities and Exchange Commission (SEC) by appointing a learner, says a senior capitala market operator.
The bullish trend in the Nigerian capital market continued for the third day running, Wednesday, as gains on the share prices of majority of the listed equities, drove up the market capitalisation and All-share index by 1.33 per cent each.
TRADING at the Uganda Securities Exchange (USE) picked up on Tuesday after a dismal performance at start of the trading week.
SOUTH African boards are ranked highly for their corporate governance practices compared with their European counterparts.
AN IMPROVEMENT in global risk appetite coupled with signs that the economic crisis may be bottoming out helped local bank stocks rally yesterday.
The recent rally in the Nigerian capital market, entered its second day, as the value of listed equities on the Nigerian Stock Exchange (NSE) rose Tuesday, by N139.63 billion.
Trading activities on the floor of the market closed on bullish note with market capitalization gaining N139.633 billion to close at N6.125 trillion.
Investors who lost money after the collapse of Nyaga Stockbrokers will be compensated to maximum of Sh50,000 each latest by October 2009, the Nairobi Stock Exchange management says.
Reminiscent of the bearish days that characterised most of last year until March this year, the Nigeria's stock market suffered heavy setback last week, as the basic indicators of the Nigerian Stock Exchange (NSE), unlike in recent weeks, closed crimson red coloured. A review of the indicators showed that a significant 102 stocks suffered losses, compared with previous week's 67, leaving only 12 ...
The Nigerian Stock Exchange (NSE), on Monday admitted Islamic Halal Investment Fund its first Shari'a compliant investment instrument to its Daily Official List. The ethical investment fund managed by Lotus Capital a full-fledged ethical financial institution structured along the Islamic legal code, is committed to providing innovative asset management, private wealth management and general ...
The recent decision of Governor Gbenga Daniel to issue a N60 billion bond offer at the Nigerian Stock Exchange (NSE) has generated considerable controversy in Ogun State.The Ogun State House of Assembly, in its Resolution 167 on June 9, 2009, warned banks, the Security and Exchange Commission, the Nigerian Stock Exchange and all financial institutions not to honour the N60bn loan bid, except the ...
The bearish trend recorded in the Nigerian capital market throughout last week, was halted Monday, as gains on the share prices of stocks in the Petroleum (Marketing) sub-sector and other blue chip companies, buoyed the value of listed equities by N99.37 billion.
Lotus Capital Limited has announced the listing of its Islamic Halal Investment Fund on the Daily Official List of the Nigerian Stock Exchange (NSE). The fund was listed on the Memorandum Quotation segment of the official list.
The Federal Government should not experiment with the appointment of a new Director-General of the Securities and Exchange Commission (SEC) by appointing a learner, says a senior capital market operator.
MEDIA holding company ElementOne released its annual results yesterday and said it would delist by the end of September.
Trading activities on the Floor of the Nigerian Stock Exchange (NSE) last week recorded a major bearish trend with a total loss of N706.21 billion, about 6.9 percentdrop against the previous week of N6.59 trillion.
Lotus Capital has announced the Memorandum listing of its Islamic Halal Investment Fund on the Nigerian Stock Exchange (NSE).
United Bank Africa Capital, the investment arm of the United Bank for Africa Plc in conjunction with other issuing houses have concluded arrangement to raise N18.5billion for the Imo State government through a bond at the nation's capital market.
INSURANCE concern, Zimnat Lion Insurance Company, yesterday de-listed from the Zimbabwe Stock Exchange to pave way for its complete takeover by its parent company, TA Holdings.
The Ethiopian Commodity Exchange (ECX) has awarded the project for the development of software to introduce the Short Message System (SMS) and an Interactive Voice Response (IVR) to Apposite LLC, a local branch of a US based IT company, EXC officials disclosed.
Investors' woes were heightened last week, as the value of their investments on the Nigerian Stock Exchange (NSE) dipped by N706.21 billion.
The Securities & Exchange Commission (SEC) at the weekend announced the dissolution of the board of Afroil Plc, just as it slammed a five-year ban on the Managing Director, Ishaq Olakunle Sanni, over the sale of the company's illegally warehoused shares.
THE JSE is in talks with the Treasury regarding removing restrictions related to inward listings.
