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13 October 2008 year (time zone GMT 00:00)  Number of sources in English: 4957
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Botswana: Local Investors Reel As Global Markets Tumble

13.10.2008 23:57    allafrica.com
Local investors have begun to feel the pinch of the global financial markets' volatility, as stock prices on the Botswana stock Exchange this week went tumbling in tandem with international trends.


Nigeria: Second Niger Bridge Overdue, Says Obi of Onitsha

13.10.2008 23:57    allafrica.com
The planned second Niger Bridge linking Asaba with the commercial town of Onitsha re-echoed weekend with the Obi of Onitsha, Igwe Alfred Nnaemeka Achebe, describing it as long overdue and a very critical element in the medium and long term

Nigeria: Tumbling World Markets - NIMN Calls for Strategic Re-Profiling

13.10.2008 23:57    allafrica.com
As World markets are collapsing, National Institute of Marketing of Nigeria (NIMN) is of the view that the world should re-visit their fundamental ideologies and undertake strategic re-profiling.

Nigeria: Why the Slide in the Stock Exchange Will Continue

13.10.2008 23:57    allafrica.com
We have taken a lot of actions in terms of liquidity and I want to say very specifically that the kind of liquidity that we are allowing the system today is such that I don't really see what else in


Nigeria: Is NSE Not Ripe As PLC?

13.10.2008 23:56    allafrica.com
Established in 1960 and named Lagos Stock Exchange, the capital market operator became The Nigerian Stock Exchange (NSE)in December 1977. Ever since, the NSE, with the mission to "promote increased capital formation in Nigeria by providing issuers and investors with

Nigeria: CCNN - Firm & Market Challenges

13.10.2008 23:56    allafrica.com
From a peak of N24. 50 per share it attained in April this year, just about a month before the market downturn set in; the Cement Company of Northern Nigeria (CCNN)has been shedding in value even when investors spotted a

Nigeria: World Financial Crisis - WFE Holds Talks in Italy

13.10.2008 23:56    allafrica.com
As the world economic downturn continues unabated, the World Federation of Exchanges (WFE) has invited all Chief Executive Officers of member exchanges worldwide to a "crucial" meeting in Milan, Italy to discuss developments in the global securities market. The four-day

Nigeria: Investment Coy Gives N250 Million Dividend to FCTA

13.10.2008 23:56    allafrica.com
The FCT Minister, Dr. Aliyu Modibbo Umar has commended the Board, Management and staff of the Abuja Investment Company Limited for making the first ever dividend payment to the FCT Administration.

Nigeria: Intercontinental Bank Gross Earnings Hit N121 Billion in Half Year

13.10.2008 23:56    allafrica.com
Intercontinental Bank Plc has recorded gross earnings of N121 billion in its half year result ended August 31, 2008.

Nigeria: C&I Leasing Posts N3 Billion Turnover

13.10.2008 23:56    allafrica.com
C & I Leasing Company Plc, the only leasing company listed on the floor of the Nigerian Stock Exchange (NSE), has recorded a turnover of N3 billion in its half year result ended July 31, 2008.

East Africa: Regional Training Institute for Capital Markets Starts

13.10.2008 23:56    allafrica.com
A regional training institute for capital market participants has been launched; raising hopes that the current capacity deficit in the sector will be addressed.

South Africa: Anxious Wait to See If Markets Rebound

13.10.2008 23:56    allafrica.com
TRADERS will be perched on the edge of their seats when markets open this morning after global stocks went into free fall on Friday, capping one of the worst weeks since the 1987 market meltdown.

Nigeria: Index Drops 2.91 Percent to Continued Bearish Run

13.10.2008 23:56    allafrica.com
News of the bail-out package being worked by the Nigerian Stock Exchange and some banks, has so far failed to change the market's slant, with the bears still firmly in charge, after 76 companies closed in the red at the

Nigeria: Global Financial Meltdown - Country Panics

13.10.2008 23:56    allafrica.com
The market fundamentals of the Nigerian capital market are strong with many quoted companies still posting mouthwatering profits.

Nigeria: Soludo - 11 Countries Seek Nigeria's Safety Model

13.10.2008 23:56    allafrica.com
Eleven countries are consulting Nigeria on how to manage the effects of the on-going global financial crisis in their respective countries, the Central Bank of Nigeria Governor, Prof. Chukwuma Soludo has said.

Kenya: CMA Proposes Measures to Protect Local Markets

13.10.2008 23:56    allafrica.com
The Capital Markets Authority (CMA) has proposed measures to protect the country from the kind of credit crisis currently facing financial markets across the globe.

Zimbabwe: Education System Collapses

13.10.2008 23:56    allafrica.com
Proceeding with public examinations for primary and secondary schools tomorrow could have disastrous consequences for the future of students because the education system is in disarray, The Standard has learnt.

Nigeria: Bleeding U.S. to Death With Debt

13.10.2008 23:56    allafrica.com
In the preceding articles in the above series in this column, we tried to draw the attention of our readers to the rapidly increasing national debt and the oppressively high cost of servicing.

Nigeria: Common External Tariff Ready Jan 2009

13.10.2008 23:56    allafrica.com
Franklin Alli reports that the much anticipated uniform tariffs for ECOWAS region will likely become a reality from January 2009, as harmonisation of the Common External Tariff (CET) between Nigeria and other member States is almost wrapped up.

Zimbabwe: Shoppers Cry Foul As Forex Scheme Backfires

13.10.2008 23:56    allafrica.com
Zimbabweans should not expect to buy imported goods at prices similar to those prevailing in other countries, National Incomes and Pricing Commission (NIPC) chairman Goodwills Masimirembwa has said.

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