Exchange news

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.

Exchange news

JSE to offer “Dark Pool” for very large trades

South Africa’s JSE Ltd this week announced that it was close to creating Africa’s first “dark pool” for trading large orders. These are structures that ...

Exchange news

“Regulation stops SA from being centre for Africa’s mining finance”

South Africa could be the centre of mining finance for Africa, according to Mick Davis, CEO of international mining company Xstrata, as reported in the ...

Exchange news

AltX companies struggle to attract investors

Companies on Johannesburg’s Alternative Stock Exchange (AltX), a division of the JSE Ltd (www.jse.co.za), continue to struggle to attract sufficient mainstream attention. However, at a ...

Exchange news

Kenya aims for 25-year Treasury bond

Kenya’s Government says it will float the first 25-year bond since the 1960s, as part an initiative to help financial institutions offer long-term debt products ...

Exchange news

Nigerian Stock Exchange – who will be the next CEO?

Nigerian media has been writing about the succession of acclaimed Prof. Ndi Okereke-Onyiuke, set to withdraw as Director General and Chief Executive Officer of the ...

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