African markets

Treat yourself as MTN Uganda goes public

About 21,394 people in Uganda became shareholders of MTN Uganda (USE: MTNU) following the conclusion of the company’s initial public offer (IPO). MTN Uganda was listed on the Uganda Securities Exchange (USE) yesterday after raising Shs 535.9 billion (or $ 151 million) when it went public. This represents 60% of its target amount after the […]

African markets

South African Markets – Factors to Watch for December 7

JOHANNESBURG, Dec. 7 (Reuters) – The following scheduled economic events, stock market and currency movements could affect South African markets on Tuesday. ECONOMIC EVENTS Reserve data Register now for FREE and unlimited access to Reuters.com Register now Government bond auction GDP T3 SOUTH AFRICAN MARKETS The South African Rand on Monday confirmed signs that the […]

African markets

South African Markets – Factors to Watch December 3

The following scheduled economic events, stock market and currency movements could affect South African markets on Friday. COVID-19[female[feminine South Africa’s Department of Health is holding its weekly briefing on COVID-19 infections and vaccine deployment in the country. Register now for FREE and unlimited access to Reuters.com Register ECONOMIC EVENTS – The IHS Markit Purchasing Manager’s […]

African markets

South African Markets – Factors to Watch for November 30

The following scheduled economic events, company announcements, stock market and currency movements could affect South African markets on Tuesday. ECONOMIC EVENTS – South Africa’s central bank will release October money supply data at 0600 GMT. Register now for FREE and unlimited access to Reuters.com Register – Statistics South Africa releases third quarter unemployment figures at […]

African markets

South African markets tumble on new variant of COVID-19

Aquote dds actions JOHANNESBURG, November 26 (Reuters) – The South African Rand dipped below 16.00 per dollar for the first time this year Friday because, with investors bewildered by the discovery of a significant variant of the coronavirus in the country, government bonds and stocks also fell. The inventory declines were driven by a sharp […]

African markets

South African markets sink into new variant of COVID-19

A street changer counts the South African Rands in Harare, File. REUTERS / Philimon Bulawayo Register now for FREE and unlimited access to Reuters.com Register The rand falls to its lowest since October 2020 Hotel stocks lead stock fall Ten-year government bond yield exceeds 10% JOHANNESBURG, Nov.26 (Reuters) – The South African rand hit its […]

African markets

Flour Mills of Nigeria acquires Honeywell Flour Mills

Nigeria flour mills (FMN) and Honeywell Group Limited (HGL) today announced in a press release that they have signed an agreement under which the flour mills will acquire the holding company of the Honeywell group, Honeywell Flour Mills PLC (HFMP). According to the press release, Honeywell Group Limited has agreed to sell a 71.69% stake […]

African markets

“The potential of the great Bangladesh, African markets remain unknown”

Posted: Nov. 18, 2021, 7:53 p.m. | Update: Nov. 19, 2021, 3:41 p.m. South African Minister of International Relations and Cooperation Dr Grace Naledi Mandisa Pandor said the great potential of the African and Bangladeshi markets remains unrecognized. “Africa’s potential has not yet been recognized in Bangladesh. Bangladesh’s potential has not been recognized by the […]

African markets

Liquid Intelligent Technologies Launches OneVoice for Cloud PBX in Six African Markets

Liquid smart technologies (Liquid.Tech), a company of Cassava Technologies, a pan-African technology group, is today launching the OneVoice for Cloud PBX offering in six key African markets. It’s part of the organization’s investment as it partners with its clients on their digital transformation journeys that have accelerated due to the pandemic. The OneVoice for Cloud […]