Category archives for: Capital Market

More Troubles for UT Bank

UT Bank

Accra, August 14, 2017//-The Ghana Stock Exchange (GSE) has with effect from Monday, August 14, 2017 suspended the listing status of UT Bank Limited indefinitely.

Shares on Ghana Stock Exchange Stumble

Ghana Stock Exchange

Accra, July 28, 2017//-Trading on the Ghana Stock Exchange (GSE) slipped during the session, as both the Composite Index and the Financial Stock Index dipped on the back of losses in big caps.

More Bullish Stance on African Markets

July 18

Mixed Performance of African Markets

AM j

June 27, 2017//-A mixed performance this week on African markets with seven of the markets under our watch closing on negative territories.

UBA’s Debut $500 Million Eurobond Oversubscribed by 240%

Group Managing Director/CEO of UBA Plc, Mr. Kennedy Uzoka

Lagos, Nigeria – June 12, 2017 – United Bank for Africa Plc (UBA) successfully raised USD500 million, though a debut Eurobond, which was over-subscribed by 240%.

South Africa in Economic Recession

June 9

Renaissance Capital Named Top Frontier Markets Brokerage Firm

Renaissance

  London, UK, 7 June 2017 – Renaissance Capital, a leading emerging and frontier markets investment bank, has been ranked the No.1 Frontier Markets brokerage firm in the 2017 Extel Survey for the second year in a row.

Another Mixed Week on African Markets

AM June 2

UBA Targets Irish Stock Exchange Listing with $500M Eurobond Issuance

UBA

May, 29, 2017//- The United Bank for Africa Plc (NGSE: UBA) on Tuesday notified the Nigerian Stock Exchange (NSE) and the investing public of its intention to launch a $500 million senior unsecured medium term debt notes.

African Stock Markets Marked by Reversal of the Positive Trends

AM Weekly

  This week was marked by a reversal of the positive trends seen so far in most African Markets with the strongest decline observed on the Tanzanian equity market. President John Magufuli of Tanzania fired his mining minister and the chief of the state-run mineral audit agency on Wednesday after an enquiry into possible undeclared […]

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