Tom Minney

Exchange news

JSE reports 12% jump in commodity derivatives trades in 2010

South Africa’s JSE Ltd traded 2.1 million commodity derivative contracts in 2010, up 12% on the previous year but still below the record 2.5 mn ...

Exchange news

Zimbabwe launches COMEZ Commodities Exchange

The new Commodities Exchange of Zimbabwe (COMEZ) opened on 14 January, but no date is set to start trading. The exchange would be managed by ...

Exchange news

Nigerian Stock Exchange asks stockbrokers to recapitalize

The Nigerian Stock Exchange is warning stockbrokers that they must meet capital adequacy requirements. Dealing members and stockbroking firms require a capital base of N1.5 ...

Nigeria

Nigerian Stock Exchange Annual Review 2010

The Nigerian Stock Exchange reported on 19 January that a total volume of 93.3 billion shares valued at N797.6 billion (3.2% of gross domestic product) ...

Exchange news

Zimbabwe Minister “blocks” Duration gold miner’s Toronto SE listing

According to media reports, Zimbabwe’s Indigenization Minister Saviour Kasukuwere is declining to give permission for leading gold miner Duration Gold to raise US$7 mn by ...

Exchange news

London Stock Exchange sets love date for switch to MillenniumIT system

The London Stock Exchange is hoping for some love from traders, by announcing 14 February – Valentine’s Day - as the date to switch to ...

Capital raising

Algiers Stock Exchange: Results of Alliance Assurances IPO offer

Results have recently been released of the share offer of insurance company Alliance Assurances on the Algiers Stock Exchange. The share offer was open from ...

Ethiopia

Ethiopian Commodity Exchange now available on mobile phones

The dynamic Ethiopian Commodity Exchange is further spreading its information feed. Now customers can access general information and their accounts through SMS and voice telephone ...

Ethiopia

Africa features 7 of world’s top 10 economies for the coming year

On IMF forecasts Africa has 7 of the world’s top 10 places for fastest growing economies for the 5 years from 2011-2015, reports the Economist, ...

Exchange news

New CEO named for Nigerian Stock Exchange

Nigerian media have reported that Oscar Onyeama has been approved by the Council of the Nigerian Stock Exchange to be Chief Executive Officer. Accenture Nigeria ...

Cote d’Ivoire

Bad news on Cote d’Ivoire blockade again hurts bond prices

This afternoon (5 Jan) the yield on the Cote d’Ivoire US dollar-denominated sovereign bonds climbed back up 60 basis points to 15.68%, according to Bloomberg, ...

Exchange news

What do you wish for the African stock exchanges?

What are your wishes for improvements to the African securities markets, including markets for equities and bonds, in 2011?
Who are the key movers and ...

Exchange news

Record inflows ($9.2 bn) into SA bonds, prospects for the Rand and interest next year

Foreign inflows into South African Government bonds denominated in Rand were R61 billion (US$9.2 bn), up from R2.5bn in 2009, according to figures from the ...

Exchange news

What’s Up on Zimbabwe Stock Exchange?

Extracts from interviews with the CEO of the ZSE, Emmanuel Munyukwi, and the CEO of the Securities and Exchange Commission, Alban Chirume and other market ...

Kenya

Automated trading systems bring Nairobi SE to desktops, Internet and mobiles

Kenya’s stockbrokers and investment banks are moving fast to automated systems. They say that the future of stock trading is going to be via the ...

Cote d’Ivoire

Yields climbing on Cote d’Ivoire international $2.3 bn bond

Markets are nervous about the Cote d’Ivoire bond, worried that the country may not meet a payment deadline. Reuters reports today (27 December): “Ivory Coast's ...

Exchange news

Merger talks for European securities markets

Two big European alternative markets – Chi-X Europe and BATS - are talking about a merger as the European stockmarket sector could start to consolidate. ...

Capital raising

Tunisie Telecom aims to list on Tunis and Paris stock exchanges

Tunisie Telecom has announced the first stage of registration with the aim of listing on the Tunisian stock exchange Bourse de Tunis and NYSE Euronext ...

Capital raising

Jacana partners with Ghana’s Fidelity Capital Partners private equity manager

Jacana, a UK-based group that supports emerging SME private equity firms in Africa, has launched its second investment, a strategic partnership with Ghanaian fund manager ...

Egypt

2 African stock exchanges among world ESG leaders

Two African stock exchanges are among leaders in requesting companies to report on Environmental, Social and Governance (ESG) issues. South Africa’s JSE Ltd this year ...

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