South Africa's blue chips slumped 1,65% in morning trade on Tuesday, reversing six straight sessions of gains as weaker commodity prices triggered heavy losses in resource stocks.

Activity on the Nigerian Stock Exchange reversed again at the opening of transactions yesterday, with the performance indicators slipping by 1.2 per cent each.

Trading on equities quoted on the Nigerian Stock Exchange (NSE) yesterday opened on a bearish note as 47 equities representing 72.30 percent equities depreciated in price on the first trading day of the week.

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

STABILITY and SUSTAINABILITY: has been and continues to be a defining menace in our struggle as nation states in Africa since Independence from White Colonial Rule (WCR).

Equity Market

Shareholders of public companies in the Nigerian capital market has been blamed for the failure of certain companies to abide by strict corporate governance principle.

Hope seems to have returned for shareholders of Nigerian Wire Industries Plc (NIWIL) as the company has announced a N10.1 million profit in its half year financial statement released to the investing community, last week.

Trade in equities last week saw investors staking a total of N15.8 billion on 2.1 billion shares, swapped in 29,101 deals, in contrast to a total of 2.82 billion shares valued at N19.1 billion exchanged last week in 35,025 deals.

ACTIVITY on the Zimbabwe Stock Exchange slowed down on the last day of trading with the mainstream industrial index retreating 2,60 points to close at 170,61 points.

Rwanda Environment Management Authority (REMA) has revealed that few industries meet the regulatory body's directive of having waste treatment systems in place.

Equity Market

Bristol-Myers Squibb () intends to lay off 113 full-time employees at its facilities in Evansville and Mount Vernon, Ind. Sun Microsystems () plans to eliminate 3,000 positions world-wide in the next 12 months, and Expedia () expects to close a

Yet another bank is in the news, causing millions of consumers to fret over the future of their mortgages and savings accounts.Dutch financial services firm ING Groep () announced that it will separate its insurance and banking businesses, and divest