November 5, 2012

Capital raising

Zimbabwe Stock Exchange set to pay off its suspended CEO

According to news reports, the Board of the Zimbabwe Stock Exchange is close to negotiating an exit package with CEO Emmanuel Munyukwi, who was suspended in May.

Exchange news

Nigeria’s SEC pushes for privatization listings, stockbroker consolidation and NSE demutualization

Nigeria’s Securities and Exchange Commission hopes to boost liquidity on the Nigerian Stock Exchange by getting previously privatized enterprises to list their shares and is progressing demutualization and higher standards for stockbrokers.