Economics & Finance



Egypt: EGX Gains EGP 4 Billion

Egypt: EGX Gains EGP 4 Billion

[Egypt Online] The Egyptian Exchange (EGX) closed on Sunday 24/5/2015 with gains backed by share purchases by local and foreign institutions and mutual funds. ...
Kenya: Algorithms and Bear Markets

Kenya: Algorithms and Bear Markets

[The Star] Did you know that many investors now trade algorithmically? These ultra fast algorithms scan social media and on the basis of words and sentiments, buy or sell stocks. ...

South Africa: Dry Conditions Impact Tongaat Hulett Results

South Africa: Dry Conditions Impact Tongaat Hulett Results

[News24Wire] The results of Tongaat Hulett [JSE:TON] for the year ended March 31 2015 were attained in difficult conditions in the sugar industry and with a number of positive achievements in terms of cost reductions, securing local markets and future ...
Nigeria: That Hammer On BGL

Nigeria: That Hammer On BGL

[Independent (Lagos)] The Securities and Exchange Commission (SEC), last week moved from showing the teeth to sinking its fangs on defaulting capital market operators when it suspended BGL Group from all capital market activities. This followed the decision of the ...
Kenya: Garden City Mall Opens Thursday

Kenya: Garden City Mall Opens Thursday

[Capital FM] Nairobi -Garden City Mall will open on May 28 as phase one of the eagerly anticipated 32-acre mixed-use project on Thika Highway nears completion. ...
South Africa: Numsa Raises the Stakes On Cosatu Special Congress

South Africa: Numsa Raises the Stakes On Cosatu Special Congress

[Daily Maverick] It's another decisive week for the Congress of South African Trade Unions (Cosatu). The federation holds a special central executive committee (CEC) meeting, with some affiliates still refusing to attend until metalworkers union Numsa's expulsion is reversed. This ...
South Africa: Marikana Report - in the Hands of God and Zuma

South Africa: Marikana Report - in the Hands of God and Zuma

[Daily Maverick] Years after the Marikana Massacre and after almost 300 working days of the Marikana Commission of Inquiry, patience is running out for President Jacob Zuma to release the inquiry's report. One victim's father says finding answers and getting ...
Zimbabwe: Relief for Platinum Miners

Zimbabwe: Relief for Platinum Miners

[The Herald] Victoria Falls -Platinum mining companies can now resume exports of concentrates after they stopped last month following the imposition by Government of a 15 percent tax on unbeneficiated exports. ...
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