Nedbank Sees Lower Profit Growth as Economy Worsens
8th May 2008
Nedbank Group Ltd., the South African bank controlled by Old Mutual Plc, said first-half profit growth will be lower than it had forecast as rising interest rates hurt consumers and economic growth slows. (read more) |
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Power suppliers to address challenges
8th May 2008
African power suppliers and distributers, still smarting from criticism over rising cost of electricity in most countries, have shifted focus to addressing key challenges facing the industry. (read more) |
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Africa investor and NYSE Euronext launch partnership to global investors
7th May 2008
The Ai Index Series Summit in association with NYSE Euronext, to be held on the 15th September 2008 was launched to an unprecedented turnout of over 300 high level institutions, which included Coca Cola, JP Morgan, Credit Suisse, Morgan Stanley, Investec, (read more) |
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Absa gets provisional licence for Namibia
7th May 2008
Absa Group, which controls SA`s biggest retail bank, has been granted a provisional banking licence to set up a bank in Namibia, the company has said (read more) |
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Kosmos declares new oil find
7th May 2008
Kosmos Energy says its oil field at West Cape Three Points is the largest discovery in deep water West Africa and potentially the largest single field discovery in the region (read more) |
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Eni announces new discoveries of high quality oil off Angolan coast
6th May 2008
Eni SpA, Italy`s biggest oil and natural gas company, said Monday it has made an `important` oil discovery off the Angolan coast (read more) |
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NSSF hits Shs1 trillion mark
6th May 2008
The National Social Security Fund has hit the historic one trillion Shillings (about $600 million) mark. (read more) |
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Celtel Zambia floats IPO before starting trade on Lusaka bourseshares up for grabs
6th May 2008
Celtel Zambia, is currently selling its shares to the public ahead of the company`s listing on the Lusaka stock exchange (read more) |
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Africa`s trade unions want EU trade agreements scrapped
5th May 2008
Africa`s trade unions called on their governments to nullify the interim trade agreements they have signed with the European Union, saying they leave African nations `weak` within the global market (read more) |
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Bharti `set to pounce` on MTN
5th May 2008
India`s biggest phone company, Bharti Airtel, is said to have explored two structures that it could use to get its hands on MTN, and would pounce `pretty quickly` if the MTN board decided to sell (read more) |
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| End of an era nears for barons of NSE
5th May 2008 |
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| Kimunya seeks Sh27 billion to support Budget - Business Daily
30th Apr 2008 |
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| Nationwide grounded as BEE deal fails to fly
30th Apr 2008 |
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| Banks` investment in SMEEIS hits N25bn in April
30th Apr 2008 |
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| Diamond Bank gets $70million facility to finance trade in Nigeria
29th Apr 2008 |
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| Caltex weighing options of leaving Kenya
29th Apr 2008 |
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| Namibia sees 2008 foreign direct investment up 10%
29th Apr 2008 |
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