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| Finance & Investments (Africa) |
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The anticipation that the weeks ahead will see the stock market come out stronger has continued to impact positively on activities in the market.  |  |


Equity Market  |  |
Kampala, Dar es Salaam fail to attract any KCB shares  |  |
A boardroom fight between John Moxon, the former chairman of Kingdom Meikles Africa Limited (KMAL), and Nigel Chanakira, the group's chief executive officer, whose continued stay at the helm of the group hangs by the thread, has cost shareholders US$410  |  |


As companies groan under the global economic meltdown, former Deputy Speaker of the House of Representatives, Mr. Chibudom Nwuche, has called on the National Assembly to pass an Act that will inject more funds into the banking sector and the  |  |
Driven by gains on the share prices of major blue chip companies, the value of listed equities on the Nigerian Stock Exchange (NSE) appreciated, Wednesday, by N22.15 billion.  |  |
Activity on the Nigerian Stock Exchange reversed back to positive trend at the end of yesterday's trading yesterday.  |  |
United Bank for Africa Plc (UBA), is seeking an endorsement from its shareholders to proceed with an additional capital raising exercise for a total of N500 billion.  |  |
After the successful launch of two bonds of $15 million in 2007 and $10 million (2005) in Kenya, Preferential Trade Area Bank has issued a Shs40 billion bond to be listed on the Uganda Stock Exchange.  |  |
Equity Market  |  |
The Dalasi is very brilliant this week again and it has registered more gains at trading against major world currencies notably the Pound Sterling, Euro and the US Dollar. More impressive is the fact that it has registered gains against  |  |
The Bank of Botswana (B0B) is keeping details of the defective new notes under lock and key, saying investigations are still underway regarding the exact number and denominations of the notes that could be affected.  |  |
Jan van Riebeeck landed in the Cape in 1652, an event that would forever alter the history of what later became known as SA. The first governor of the Dutch settlement, who spent only 10 years of his life in  |  |
SA's trade balance slipped back into the red in August after three successive months of surpluses, with a sharp fall in exports blamed in part on the strong rand.  |  |
Demand for foreign exchange at the official foreign exchange market fell sharply by 46 per cent in September following increased inflow of foreign exchange from autonomous sources.  |  |
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