Markets - CNBC Africa


Nigerian stocks hit 4-month high after MSCI re-weights index

02/06/2014 16:45:20

Nigerian stocks surged to a 4-month high on Monday after equity index provider MSCI increased the weight of Africa's biggest economy.

Nigeria's ASI up 1.1 per cent

23/05/2014 10:33:42

The All share Index swung to a positive close yesterday rallying 1.1 per cent to close at 39.553 points.

Nigeria stocks and bonds hammered as foreign investors sell off

13/02/2014 13:13:57

Nigerian stocks hit a 7-week low while the country's shortest tenor bond yield spiked 10 basis points on Thursday.

Nigeria sells 90 billion naira in 3 and 20 year bonds

13/02/2014 12:42:39

Nigeria’s Debt Management Office has issued 30 billion naira worth of three and 20 year bonds.

Kenya shilling holds steady as NSE begins offer for IPO sale

24/07/2014 13:34:55

The Kenyan shilling traded steadily against the dollar closing at 87.80/90 to the dollar on Thursday.

Kenyan shares continue to slide

05/06/2014 16:12:39

The Nairobi Securities Exchange (NSE) 20-share index continues to shed points.

Kenya's Equity Bank set for mobile money market

27/05/2014 08:37:21

Kenya’s Equity Bank has unveiled its Mobile Virtual Network Operator (MVNO) strategy set to launch in July 2014.

Nairobi share index low

22/05/2014 16:12:39

The Nairobi Securities Exchange 20 Share Index has continued to drop as Kenya continues to feel the threat of terror attacks.

Mondi expects operating profit above €367 million

29/07/2014 12:07:09

Mondi said that it expects underlying operating profit for the half year ended 30 June 2014 to be above last year’s 367 million euros.

AECI explosives’ revenue hurt by S.Africa’s platinum strike

29/07/2014 07:34:50

AECI explosives’ revenue remained flat for the first six months of 2014 due to the strike in South Africa’s platinum sector.

Spur Corporation sales hit R5.5 billion

28/07/2014 13:40:22

The Spur Corporation reported a 13.5 per cent increase in total restaurant sales, reaching 5.5 billion rand for the year ended 30 June 2014.

Merafe EPS to increase 600% due to ferrochrome production boost

28/07/2014 11:05:25

Merafe Resources expects its basic earnings per share (EPS) to rise dramatically due to an increase in ferrochrome production.

S.Africa's rand flat vs dollar ahead of rates decision

17/07/2014 08:26:06

South Africa's rand was largely flat against the dollar on Thursday ahead of a central bank decision on interest rates later in the session.

S.Africa's rand firmer as global risk appetite rises

20/06/2014 09:38:14

South Africa's rand was still on a firm footing against the dollar on Friday after touching 10-day highs the previous session.

Kenyan shilling stable, seen well supported

20/06/2014 09:22:22

The Kenyan shilling was little changed against the dollar on Friday and traders said it was likely to remain supported next week.

S.Africa's rand vulnerable, could weaken on US jobs, credit ratings

06/06/2014 09:01:00

South Africa's rand was largely stable against the dollar on Friday.

Shareholders approve Rand Refinery’s loan facility

25/07/2014 14:34:58

Rand Refinery has announced that its shareholders have approved a 1.2 billion rand irrevocable, subordinated loan facility.

Uganda's unsold sugar affects industry growth

15/07/2014 09:55:38

About 50,000 metric tons of unsold sugar is being held by Ugandan sugar processors which is slowing the industry's expansion programmes.

Numsa’s Eskom members set to down tools

26/06/2014 16:34:54

Numsa members working for Eskom will join other union members when they down tools next Tuesday.

Mondi acquires Graphic Packaging’s kraft business

03/06/2014 14:12:56

Mondi Limited is set to acquire the industrial bags and kraft paper business of Graphic Packaging International for 105 million US dollars.

Global equities continue to offer investors value

17/06/2014 16:56:03

Global equities are getting more expensive and definitely not the same value experienced in 2008 and 2009.

Zuma’s cabinet not a surprise for markets

26/05/2014 08:46:02

Markets opened Monday morning relatively flat in the industrials, down in the financials and banks and up in the resources.

Update on S.African markets

23/05/2014 09:18:52

The Johannesburg Stock Exchange AltX market welcomed a new company listing on Friday, Visual International.

S.African stocks rise as platinum producers up

21/05/2014 17:51:33

South African stocks inched higher on Wednesday.