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Nigeria: Investors Lose N18 Billion On Nigerian Stock Exchange
November 18, 2016--The free fall of shares continued on Thursday on the Nigerian Stock Exchange (NSE) for the fourth consecutive day with investors losing N18 billion due to persistent profit taking.
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Source: AllAfrica.com
Africa: Nigeria Tops Africa in Internet Usage
November 17, 2016--Nigeria is currently ranked number 1 in Africa and eight in the world in terms of internet usage.
The latest ranking was contained in the second edition of digitalfacts-Nigeria, West & Central Africa; a publication produced by digitXplus.
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Source: AllAfrica.com
JSE nudges up as rally loses momentum
November 17, 2016--Major indices on the JSE have been modestly higher after a strong surge the previous day, with resources shares the biggest winners.
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Source: FIN24
Industrials boost JSE as Naspers rises almost 5%
November 16, 2016--Naspers, which represents more than 12% of the market value of the JSE, has risen almost 5%, pulling the rest of the market higher.
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Source: FIN24
UNDP South Africa launches the Africa Human Development Report-Accelerating Gender Equality and Women's Empowerment in Africa
November 14, 2016--UNDP South Africa in partnership with UN Women and the Commission on Gender Equality launched the second Africa Human Development Report published by UNDP entitled: Africa Human Development Report 2016, Accelerating Gender Equality and Women's Empowerment in Africa.
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view the Africa Human Development Report 2016-Accelerating Gender Equality and Women's Empowerment in Africa
Source: undp.org
Tanzania: The Role of Capital Markets in Financing Development
November 9, 2016--Earlier this year, the Dar es Salaam Stock Exchange was admitted as an affiliate member of the World Federation of Exchanges (WFE), the global body of exchanges, clearing houses and depositories that advocate for their cause, which includes championing, educating and working with country and global policy makers and regulators to ensure regulatory initiatives are well thought out and contribute to orderly, fair and transparent markets across the world.
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Source: AllAfrica.com
Nigeria: Nigeria Stock Market Performs Poorly in October
November 2, 2016--The total volume of shares traded on the Nigerian Stock Exchange, NSE, in the month of October dipped by 53.84 per cent, the News Agency of Nigeria reports.
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Source: allafrica.com
Tanzania: Dar Bourse Rises 40 Per Cent
November 1, 2016--The weekly turnover at the Dar es Salaam Stock Exchange (DSE) rose by about 39 per cent last week amid foreign investors' continued appetite for Tanzania Breweries Limited (TBL) stocks.
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Source: allafrica.com
IMF-Regional Economic Outlook: Sub-Saharan Africa-Multispeed Growth
October 25, 2016--Economic growth in sub-Saharan Africa this year is set to drop to its lowest level in more than 20 years, reflecting the adverse external environment, and a lackluster policy response in many countries.
However, the aggregate picture is one of multispeed growth: while most of non-resource-intensive countries-half of the countries in the region-continue to perform well, as they benefit from lower oil prices, an improved business environment, and continued strong infrastructure investment, most commodity exporters are under severe economic strains.
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Source: IMF
Resources shine on JSE as commodities rally
October 25, 2016--Resources shares have been the star performers on the JSE, as commodity prices continued their strong recovery in response to positive data from Europe and the US.
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Source: FIN24
