Stock Markets & Exchanges News

BRVM: Ecobank buys its IPO in one day

02.10.2017

 | Source: Financial Afrik

Opened on 27 September 2017, the Ecobank Ivory Coast IPO (Initial Public Offering) was completed in one day. Originally scheduled from September 27 to October 11, 2017, the operation was shortened under the strength of demand.

Africa: Is It Time for Converged African Stockmarkets?

30.08.2017

 | Source: The EastAfrican; All Africa

African capital markets regulators are working on a grand plan to merge all stockmarkets on the continent to reduce the cost of trading, facilitate cross-border trade in stocks and provide investors with a diversified basket of financial products and services.

Nigeria: SEC, NSE Urge Law Firms to List On Stock Exchange

24.08.2017

 | Source: Daily Trust; All Africa

The Securities and Exchange Commission (SEC) and the Nigerian Stock Exchange (NSE) have called on law firms in the country to merge into bigger entities and list their shares on the floor of the NSE.

Uganda: Kenyan Banker Tips BOU On Key Interest Rates

26.07.2017

 | Source: The Observer (Kampala; All Africa

If monetary policy signals enforced by the Bank of Uganda are not being felt within the market, that means financial inclusion initiatives are not yet successful, the former governor of the Central Bank of Kenya has said.

Four East African Stock Exchanges Strengthen Ties

24.07.2017

 | Source: Financial Afrik

The east African Securities Exchanges Association (EASEA) instructed its technical committee to accelerate the implementation of The common infrastructure of the capital markets.

Ethiopia: ECX Stretches With Widened Scope

19.07.2017

 | Source: Addis Fortune; All Africa

The proclamation will enable ECX to manage future, forwarding and managing contracts of non-agricultural products.

Uganda: Privatised Firms Should Sell Shares to Public - Rugunda

14.07.2017

 | Source: The Monitor; All Africa

About 60 enterprises had by 2002 been privatised by the government. Some of these companies, according to the Ugandan Prime Minister were required to list sell shares to the public by listing on the Uganda Securities Exchange (USE) and ALTX East Africa Exchange.

Rwanda: RSE Moves to Sharpen Skills of Stock Market Players

07.07.2017

 | Source: The New Times; All Africa

Under a deal signed between the Rwanda Stock Exchange and CFA Society East Africa on Wednesday, sector players and the general public will be trained in different areas.

Nigeria: What Federal Government's Savings Bond Means to Nigerians

15.05.2017

 | Source: Daily Trust; All Africa

The bond is part of the Federal Government's programme to encourage small savers earn more income (interest) when compared to their savings accounts with banks.

Kenya: NSE to offer ETFs

05.12.2016

The move is part of a diversification effort from the stock exchange.

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