Exchange news

Exchange news

Preparations continue for Angola Securities Exchange (BVDA)

Angola will have a securities exchange covering equities and other securities - including derivatives - in 2011, according to a report on the Angolan Press ...

Exchange news

African Stock Exchanges Association 2010 conference in Zambia (11-12 November)

Zambia’s Lusaka Stock Exchange will host the 14th African Stock Exchange Association (ASEA) conference from 10 -12 November. The theme this year is “Integration of ...

Exchange news

Nigeria Stock Exchange – Dangote’s struggle to be President, also denies management succession crisis

The Nigeria Stock Exchange on 26 July denied that there was any succession crisis. Court cases on the succession had led to there not being ...

Exchange news

Zimbabwe Stock Exchange fails to attract investors

"Currently our capitalisation is just above US$3 billion and is falling, but if we attract big companies to list, especially in the mining and banking ...

Exchange news

NASDAQ Dubai outsources equities trading and settlement to Dubai Financial Markets

From when trading started at 10am last Sunday, 11 July, NASDAQ Dubai is routing listed equities trades through the trading platform of Dubai Financial Market. ...

Exchange news

Rwanda continues to ready for BRALIRWA public offer

Preparations continue in Rwanda for the listing of BRALIRWA. It will be the first Initial Public Offer on the Rwanda Over-The-Counter stock market

Exchange news

Uganda moves towards immobilization

The Uganda Securities Exchange is aiming to finish immobilizing the shares listed for trading on 28 June, according to a statement issued by the bourse, ...

Exchange news

More trading records fall as JSE passed 200k trades in a day

South Africa’s full service securities exchange, the JSE Ltd, on 17 May recorded 205,748 trades valued at more than R20 billion (US$2.6 billion). This coincided ...

Exchange news

Car dealer offers shares before double listing in Tunis and Casablanca

Tunisian car retailer Ennakl Automobiles, official distributor of Volkswagen, Seat, Audi and Porsche and part of the Group Princesse El Materi Holding, headed by Mohamed ...

Exchange news

Nigerian Stock Exchange offers free listing to major companies

The Nigerian Stock Exchange (NSE) is keeping open its offer, made earlier this year, to waive listing fees for downstream oil majors, major telecommunications companies ...

Exchange news

Africa Sustainable Investment Forum launched

A top line-up of speakers from the financial community launched the Africa Sustainable Investment Forum (AfricaSIF- http://www.africasif.org) on 9 June at the Johannesburg Stock Exchange. ...

Exchange news

Rwanda expects more Kenyan cross listings

Rwanda’s Capital Markets Advisory Council expects 4 more Kenyan cross-listings this year on the Rwanda Over The Counter market, which is run by CMAC, bringing ...

Exchange news

SA listed companies have to integrate sustainability reports

South Africa’s JSE stock exchange is requiring listed companies to integrate their sustainability reports with their annual reports, with effect from this month. According to ...

Egypt

New stock exchange launched in Egypt

The brand new Nile Stock Exchange (www.nilex.com.eg) saw strong trading appetite on 3 June, its first day of trading. NILEX is an initiative of the ...

Capital raising

Investors back $ billions of African bonds

Interest in African sovereign debt has been climbing again in recent months. Angola plans to issue a $1 billion - $2 billion benchmark bond., Kenya, ...

Exchange news

Standard Chartered starts taking over Barclays custody services

Standard Chartered Bank in Kenya (www.standardchartered.com/ke/en/) is to issue KSh 2.5 billion ($30.2 million) in new shares in order to buy the custody business of ...

Exchange news

Nigeria SE says trading system is not obsolete, considers demutualization and prepares second-tier market

The Nigerian Stock Exchange (NSE) management has hit back at claims that its trading system is obsolete and urged the country’s Securities and Exchange Commission ...

Exchange news

JSE breaks 3 records for numbers of trades in global market volatility

Volatility and increased uncertainty in global markets last week meant extra demands for huge trading volumes on world markets. South Africa’s JSE Ltd. handled the ...

Exchange news

Nigeria’s SEC publishes new rules

Nigeria’s Securities and Exchange Commission (SEC) has new rules, according to local press. The new rules, signed by Director General Ms Arunma Oteh, became effective ...

Exchange news

Somali pirates stock exchange finances sea ventures

Inside the Somali pirates stock exchange, where their voyages are financed (and missing pirates mourned). An interesting story by Reuters.