1st Afrika Times International

STOCK MARKET

Africa stock Market Index

    Africa stock Market Index

The following company announcements, scheduled economic indicators, debt and currency market moves and political events may affect African markets on Thursday. – – – – – EVENTS: *Uganda statistics office

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Oil Rises on Middle East Tensions, Weaker US Dollar

    Oil Rises on Middle East Tensions, Weaker US Dollar

Oil prices rose 3% on Tuesday as tensions in the Middle East escalated following the downing of a Russian fighter jet near the Syrian-Turkish border, and a weaker dollar provided

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African Stockmarkets – Factors To Watch In November

    African Stockmarkets – Factors To Watch In November

The following company announcements, scheduled economic indicators, debt and currency market moves and political events may affect African markets on Wednesday. – – – – – EVENTS * KENYA –

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Forex Hit knocks Harmony’s Profit

    Forex Hit knocks Harmony’s Profit

Harmony Gold Mining reported a headline loss of 120 cents per share for the first quarter of the 2015/2016 financial year, compared with a 44-cents profit in the preceding quarter

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Stanbic IBTC Reports 46.3% Fall In 9-Month Profit

    Stanbic IBTC Reports 46.3% Fall In 9-Month Profit

*Shareholder Wants Regular Forensic Audit Of Companies There may be more troubles ahead for shareholders of Stanbic IBTC Holdings Plc, following the submission of the group’s un-audited accounts showing that

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Nairobi Securities Exchange To Launch ETF And Derivatives Services

    Nairobi Securities Exchange To Launch ETF And Derivatives Services

The Nairobi Securities Exchange has announces it is preparing to launch ETF and derivatives add-ons in an effort to encourage liquidity and greater local investor involvement. The Nairobi Securities Exchange

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Global Economic Slowdown in Danger of Persisting

    Global Economic Slowdown in Danger of Persisting

The global economic slowdown shows a risk of extending into next year, along with a prolonged period of disinflation, according to the overwhelming majority of nearly 300 economists polled by

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Kenyan Treasury Bill Yields To Rise

    Kenyan Treasury Bill Yields To Rise

The yields on Kenya’s Treasury bills and a bond on sale next week are expected to rise, but at a slower rate, traders said. The central bank will auction 91-day,

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UBA Nigeria Profit Rise 44% to N48.6 Billion in Nine Month

    UBA Nigeria Profit Rise 44% to N48.6 Billion in Nine Month

United Bank for Africa (UBA) Plc on Thursday reported its financial results for the nine months September 30, 2015, showing

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Triton Minerals Improves Downstream Economics For Mozambique Graphite

    Triton Minerals Improves Downstream Economics For Mozambique Graphite

has underlined the unique marketing versatility of its graphite resources on the Balama North and Ancuabe projects in Mozambique with

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IMF Urges Nigeria CBN To Review Forex Policy….

    IMF Urges Nigeria CBN To Review Forex Policy….

As the foreign exchange market records further widening of the parallel market margin, the Director, African Department of International Monetary

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EU Gives Zimbabwe 89 mln Euro Funding Support

    EU Gives Zimbabwe 89 mln Euro Funding Support

The European Union (EU) on Monday gave Zimbabwe 89 million Euros (100 million U.S. dollars) to support the southern African

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Global Equities End Turbulent Week On A High Note

    Global Equities End Turbulent Week On A High Note

Picture: THINKSTOCK NEW YORK — Global equity markets and the dollar rose on Friday, ending a rocky week on an

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Oromia Coop Bank Installs New Guard At The Helm

    Oromia Coop Bank Installs New Guard At The Helm

  The surviving board of directors of Cooperative Bank of Oromia (CBO) has installed this morning a new but acting

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IMImobile Completes Acquisition of Archer Digital in South Africa

    IMImobile Completes Acquisition of Archer Digital in South Africa

IMImobile, a leading global provider of mobile engagement technology and solutions, today announced the acquisition of Archer Digital (Archer). Archer

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Tower Resources Signs Cameroon Oil And Gas Exploration Deal

    Tower Resources Signs Cameroon Oil And Gas Exploration Deal

(ShareCast News) – Tower Resources has signed a seven year offshore oil and gas exploration deal with the Cameroon government.

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Canadian Gold Stocks Fall As ETF Jitters Add To Fed worries

    Canadian Gold Stocks Fall As ETF Jitters Add To Fed worries

While the gold price has stabilised, gold equities are still getting pummelled. Investing in real gold than gold bullion and

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Bad Policy Reflect The Sinking Currencies of Africa

    Bad Policy  Reflect The Sinking Currencies of  Africa

  A slump in commodity prices and flight by global investors from risky “frontier” markets has hammered currencies and state

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Singapore, Mauritius To Seize Lalit Modi’s Bank Accounts Soon

    Singapore, Mauritius To Seize Lalit Modi’s Bank Accounts Soon

Both countries respond positively to India’s request for assistance; Bank accounts seizure under letters rogatory procedure does not require any

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Bank Audi-Egypt, EIB, EBRD Start Dollar Liquidity Talks

    Bank Audi-Egypt, EIB, EBRD Start Dollar Liquidity Talks

Bank Audi SAE, the eighth largest commercial bank in Egypt, is in ongoing talks with some European banks to secure

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