Accra, May 3, 2018//-Ghana Stock Exchange (GSE) has approved the much-awaited listing of MTN Ghana to proceed with its Initial Public Offer (IPO) on the local bourse, effectively in late May 2018.
Category: Capital Market
London to West African Regional Stock Exchange Roadshow
April 30, 2018//-The Bourse Régionale des Valeurs Mobilières (BRVM), which links eight West African countries with a stable currency and fast growth and is one of the world’s most successful regional stock exchanges, embarks on the second leg of its international roadshow, with a one-day forum in London.
African Companies Defied Headwinds to Raise $13.5 Billion Equity
April 26, 2018//-Despite difficult business environment, African companies have defied the odds to continue its upward growth trajectory raising about $13.5 billion equity in non-African capital markets in 2017, representing a 49 per cent increase from 2016, PwC 2017 report has said.
$500 Million Public Offer: SEC Confirms Talks With MTN Group
April 25, 2018//-The Securities and Exchange Commission (SEC) on Wednesday confirmed that MTN Group had finally commenced discussions with the commission on its proposed 500 million dollars Initial Public Offering (IPO).
Kenya: Treasury Bills Subscription Stands at 162 per cent
April 24, 2018//-Treasury bills subscription rebounded during last week’s auction with a performance rate of 162.46 per cent.
NSE Migrates Access Bank, UBA To Premium Board
Lagos, Nigeria, April 17, 2018// – Access Bank and United Bank for Africa (UBA) joined the elitist Premium Board Index of the Nigerian Stock Exchange (NSE) after meeting stringent requirements set by the Exchange which place more emphasis on ethical issues and strong corporate governance.
Digicut Raises GH¢2.85M Ghana Alternative Market
Accra, April 11, 2018//-Digicut Production and Advertising has raised a total of 2.85 million Cedis on the Ghana Alternative Market (GAX).
Kenya’s Planned Sale of SOEs runs into Trouble
April 11, 2018//-Kenya’s plan to sell 26 state-owned enterprises (SOEs) to private investors has been delayed by bureaucracy in approval of the transactions by the executive and the proposed parastatal reforms, even as many of them continue to post poor performance.
NSE Lifts Suspension on Oando Plc Shares
April 11, 2018//-The Nigerian Stock Exchange (NSE) has lifted a technical suspension placed on Oando Plc shares.
Briefly…on the Return of Market Bears, Rise of Bond Bulls
April 10, 2018//-The bears are back in force. According to the April QuickPoll, the Goldman Sachs Securities Division’s monthly survey of global clients on leading market drivers, negative market sentiment continued to climb amid worries over trade and volatility.