South Africa

Exchange news

JSE launches futures trading for 3 African currencies

South Africa’s JSE launches 3 new currency future instruments which are the first to track exchange rate between the rand (ZAR) and Nigeria’s Naira (NGN), ...

Exchange news

JSE and ASEA host African exchanges for capacity-building

The Johannesburg Stock Exchange (JSE) and the African Securities Exchanges Association (ASEA), supported by the World Bank Group, are hosting the third Building African Financial ...

Egypt

Nigerian and African economies.. after the rebasing

Charts circulated by Reuters show the rebased Nigerian economy as biggest in Africa, followed by sluggish South Africa, Egypt, Algeria, Angola and Morocco. They also ...

Exchange news

JSE seminar on African capital markets development

The Johannesburg Stock Exchange will host the 3rd Building African Financial Markets capacity-building seminar, in Johannesburg from 10-12 September.

Exchange news

Dar es Salaam Stock Exchange switches technology provider

The battle for stock exchange technology in Africa heats as Dar es Salaam Stock Exchange switches its trading, clearing and settlement to South Africa’s Securities ...

Cote d’Ivoire

Top performances for USD investors at Africa’s stock exchanges

Malawi came out as Africa’s top-performing exchange to USD-based investors over 2013 with a strong 62.4% return. Eight out of 13 African exchanges beat the ...

Exchange news

South Africa’s JSE again beats the world on regulation – how they do it

South Africa’s Johannesburg Stock Exchange (www.jse.co.za) is the world’s best-regulated stock exchange for the fourth year running. The 2013-14 Global Competitiveness Report by the World ...

Cote d’Ivoire

$183bn of M&A in Africa in last 10 years, Britain leads

The total value of mergers and acquisitions deals in Africa by foreign investors was $183 billion over the ten years 2003-2012, up threefold on the ...

Exchange news

JSE gives South African firms competitive advantage through corporate bonds

“South Africa’s established and efficient debt capital market is a key competitive advantage for South African firms” writes Barry Martin, joint head of debt capital ...

Exchange news

Africa’s bourses should work together to channel investors

Africa's 24 stock markets should learn to work together better if they are to seize high levels of investor interest, said Nicky Newton-King, CEO of ...

Capital raising

Rise of pension giants set to transform investment in Africa

New giants are arising in African investments – the domestic pension funds. Several countries have funds worth billions of US dollars and in many they ...

Exchange news

IOSCO global regulator gives bigger role to emerging markets – 80% of its membership

The 86 emerging markets members of the world’s securities markets regulator, International Organization of Securities Commissions form 80% of IOSCO membership and are increasingly important ...

Exchange news

JSE adds derivatives: grain specific to silos and more silver and platinum futures

South Africa’s JSE Ltd continues to expand its commodity derivatives range, adding silver and platinum “quanto futures” and it is helping South Africa's grain ...

Cote d’Ivoire

World Bank says 4.8% growth for sub-Saharan Africa in 2012, cuts earlier forecast

The World Bank has cut its growth forecast for sub-Saharan Africa. Earlier in the year it forecast 5.2% growth overall for SSA economies in 2012, ...

Funds

Africa’s best real estate developer is private equity group Actis

Leading African private equity group Actis has won the title for “Best Developer in Africa” in the 8th annual global Euromoney Real Estate Survey run ...

Capital raising

JSE growth board AltX scores 100th listing with Osiris

The 100th company listed on the AltX growth capital board of South Africa’s JSE Ltd securities exchange this week, when Bermuda-based Osiris Properties International did ...

Exchange news

SADC stock exchanges work together towards links, shared skills and better visibility

The ten stock exchanges of the Southern African Development Community (SADC) are working together to increase the effectiveness of their markets. The Committee of SADC ...

Ethiopia

5 Africans named social entrepreneurs of 2012

Five leading Africans and innovators were named Social Entrepreneurs of the Year 2012 Africa by the Schwab Foundtion last week at the World Economic Forum ...

Exchange news

JSE stock exchange unveils new Africa strategy

This morning South Africa’s securities exchange, the JSE Ltd, announced a revised strategy to attract more listings from other African countries, as international interest soars. ...

Exchange news

Kentucky wheat futures contract coming to JSE

The JSE will introduce its third wheat futures contract, with a cash-settled contract based on hard red winter wheat, referencing the Kansas City Board of ...