Exchange news

Exchange news

Ethiopia aims for IFRS for medium and large enterprises

A panel is working on a proposed bill, the “Financial Report Proclamation of Ethiopia”, which could bring fundamental changes to Ethiopia's financial reporting system by ...

Exchange news

Regulators seek to build capacity in African markets

African capital markets require more capacity-building. The recent conference of the International Organisation of Securities Commissions (IOSCO) resolved to give support to help markets develop ...

Exchange news

Nigerian SE: CEO Onyema in full charge

The new Chief Executive Officer of the Nigerian Stock Exchange, Oscar Onyema, had taken up office on 4 April, but the SEC had asked for ...

Exchange news

East Africa monetary union by 2012?

The East African Monetary Union is supposed to be effective from 2012. Senior officials including central bank governors, capital markets authorities, insurance and pensions regulatory ...

Exchange news

Rwanda Chair calls for integrated East African capital market

Dr James Ndahiro, Chairperson of the Rwanda Stock Exchange, said East African countries should form a single stock market by 2015.

Exchange news

JSE Africa Board launches advisory committee to boost appeal

The JSE securities exchange has appointed an advisory committee to boost its JSE Africa Board to achieve its mission and attracet dual listings to a ...

Exchange news

Tunisian and Egyptian regulators freeze securities trading pending investigation

Tunisian regulator Conseil de Marche Financier ordered stockbrokers not to allow 123 companies to trade securities as part of investigations into extensive holdings by the ...

Exchange news

High-speed multi-asset exchange launched

The CE Exchange (CEX) launched this morning is expected to bring an important boost to world liquidity and trade. The exchange is an international venture ...

Egypt

Egyptian Exchange opens, hit by giant wave of selling

The Egyptian Exchange opened today at 10:30am after nearly 2 months, and was immediately swamped with a flood of selling, which saw the index plunge ...

Events

Top investment conference this week in London

Leading investors and institutions are to discuss transactions and trends in Africa’s capital markets during the Africa investor 2011 Analysts’ and Fund Managers’ Forum to ...

Exchange news

JSE revenues climb 9% despite challenging year

South Africa’s securities exchange the JSE Limited increased group revenues by 9% to R1,255 million ($178 mn) from R1,156 mn in 2009. Results were driven ...

Cote d’Ivoire

BRVM flees war and restarts trading from Mali

West Africa’s regional stock market the Bourse Regionale des Valeurs Mobilieres (BRVM) has started trading from a new base in Bamako, Mali, after leaving Cote ...

Egypt

Giant growth foreseen for African stock exchanges over 10 years

African exchanges could grow dramatically in both market capitalization and turnover in the coming decade, following the explosive trends already charted by the Indian and ...

Exchange news

Nairobi SE broker backoffice system to support online share trading

The Nairobi Stock Exchange has bought a new broker back office (BBO) system which it hopes will boost liquidity and attract listings, including offering online ...

Egypt

Egyptian Exchange again fails to reopen, bonds and GDR prices fall

The Egyptian Exchange has failed to meet another self-imposed deadline to reopen on 6 March, and investors are increasingly unhappy. In a statement on 3 ...

Exchange news

Uganda Securities Exchange extends trading to 5 days

The Uganda Securities Exchange has today (7 March) extended its trading to 5 days a week, up from 3 days. USE Chief Executive Joseph Kitamirike ...

Exchange news

Fitch gives Zambia B+, clears path for Eurobond

Fitch Ratings agency has given Zambia a “B+” rating on long-term foreign and local currency, with a stable outlook, which could pave the way for ...

Egypt

Investors worry as Egyptian Exchange again delays reopening

Investor confidence in Egypt is likely to be further undermined after officials again delayed the reopening of the Egyptian Exchange from today (1 March). It ...

Capital raising

Listing of Tunisie Telecom cancelled

Tunisie Telecom has cancelled plans for a joint initial public offering on the Paris and Tunis stock exchanges after consultations with trade unions following several ...

Egypt

Egyptian Exchange to start trading tomorrow (1 Mar)

The Egyptian Exchange is set to reopen tomorrow (1 March) after it closed on 27 Jan. in the popular uprising that saw President Hosni Mubarak ...