THE JSE put in a strong finish yesterday, closing at its highest level in 12 months on the back of a surge in global risk appetite amid more positive sentiment. During the session the bourse soared to a fresh 12-month

Stocks markets are unpredictable and it is easy for investors to succumb to what John Maynard Keynes called our "Animal Spirits:" the emotional responses that lead us to make irrational investment decisions.

Equity Market

The technical suspension on the shares of Bank PHB Plc and Spring Bank Plc following their indictment by the Central Bank of Nigeria (CBN)'s last audit report was yesterday listed by the Nigerian Stock Exchange (NSE).

Fluctuating copper and aluminium prices in international markets coupled with reduced business from regional power utility firms is hurting the profit margins of wire and cable firms in Kenya.

Authorities of the Nigerian stock Exchange (NSE) and Securities and Exchange Commission (SEC) yesterday announced a lifting of the week-old technical suspension on the shares of BankPHB and Spring Bank.

Equity Market

Two Petroleum marketing companies, Conoil Plc and African Petroleum Plc, led 40 other listed companies with share price gains, provoking a N15.22 billion appreciation on the total value of listed equities on the Nigerian Stock Exchange (NSE), Monday.

The naira, in the past week, maintained its streak of appreciation over the United States dollar at the Central Bank of Nigeria Wholesale Dutch Auction System and the inter-bank foreign exchange markets.

Activities on the stock market opened yesterday on a positive note with the performance indicators recording marginal appreciation to consolidate on gains in previous transactions.

The period of despair may be over for investors on the Nigerian stock market as value of their investments in equities have been on the upward trend for four weeks running.

The Nigerian Stock Exchange (NSE) is yet to lift technical suspension placed on the shares of BankPHB and Spring Bank despite assurances from the Assistant Director General of the Exchange, Lance Elakama that the banks' shares would be suspended for

Equity Market

MORE than 850 million shares worth over US$48 million exchanged hands on the Zimbabwe Stock Exchange in September alone.

Kenya's largest telecoms firm, Safaricom last week announced a $66.6 million (KSh5 billion) bond to the Kenyan market, part of an extensive capital-raising initiative the company is implementing.

Uganda Clays Ltd (UCL), one of the 11 listed companies on the Uganda Securities Exchange (USE) projects a US$26m net profit by the year 2013 and it is prospects like this that have turned it into one of the most

The intricacies and machinations that usually characterize the oil industry appear to be playing out elaborately on the Ghanaian oil stage.

The FNB Housing Index continued to recover in June both in terms of volume and value, FNB Namibia said this week.

The IJG Business Climate Monitor for August shed 6.1 basis points in August, the Institute for Public Policy Research (IPPR) said this week. This comes off a very strong performance in July as the Namibian economy battles to find direction

The GIPF grew into a strong pension fund with a mere N$800 million in 1990 to the biggest pension fund in Namibia with an asset base of N$35 billion (September 2009). GIPF is also one of the few fully-funded pension