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[Monitor] Kampala -The newly appointed chief executive officer of KPMG East Africa hopes to build on his predecessor's reign at the helm of the audit company.
Kenya: Museveni, Kenyatta Sign Huge Trade Deals
[Monitor] Mombasa -Ugandan and Kenyan traders will be the biggest beneficiaries after their two countries yesterday signed a raft of agreements meant to ease trade, cement political ties and improve their social/cultural connections.
Zimbabwe: 'Unstable Currency Affecting Accounting Systems'
[New Zimbabwe] Zimbabwe's continued currency unpredictability is affecting proper and internationally expected financial reporting standards, the Institute of Chartered Accountants of Zimbabwe (ICAZ) chief executive, Gloria Zvaravanhu has said.
Kenya: Kenya's Coffee Doldrums Despite Numerous Revival Efforts
[The Exchange] The Kenyan government has set aside a Kshs 3 billion cherry fund kitty to allow coffee farmers to access the funds at an interest of 3 per cent per annum.
South Africa: Now There's a Way to Fact-Check Those Dodgy Viral Messages
[News24Wire] Scary WhatsApp "warnings" and other viral content shared on that platform have contributed to the fear and paranoia of many a user.
Kenya: Man Who Died in Wife's Dream Survives Real Matuu Bus Crash
[Nation] Mr Abdulrashid Mohammed still cannot believe his luck.
South Africa: Greenpeace Links Premature Deaths to Eskom Power Plants
[News24Wire] Eskom's pollution has been linked to premature deaths in Mpumalanga and Gauteng, an environmental organisation has charged.
Africa: Africa's Common Market Is Close to Opening, but Not Quite There Yet
[RFI] Seven years in the making, the Continental Free Trade Area is almost established. A minimum of 22 states is needed to bring the trade bloc into force; only 21 African states have so far ratified the agreement. Nigeria, the continent's largest economy, is still considering whether to join the club.
Nigeria: 'New Protectionist Policies, Others Expose African Markets to Risks'
[Guardian] To achieve the Sustainable Development Goals by the target date of 2030, African countries need to grow their economies faster if they are doing presently, the Economic Commission for Africa (ECA) says in its yearly report.
Cameroon: Price Control - Trade Minister Descends On Markets
[Cameroon Tribune] Luc Magloire Mbarga Atangana's inspection visit yesterday focused on rice and fish and he gave five days to vendors to comply with homologated prices and other regulations.
Kenya: Kenya Goes Slow On Quest for Sovereign Debt Amid High Fees On Global Markets
[East African] Kenya's plan to take a third Eurobond in the first quarter of this year seems to be in limbo as the country grapples with persistent turbulence in the global financial markets and protracted negotiations with the International Monetary Fund for reinstatement of a $1.5 billion standby facility.
Rwanda: Rwf 436.5 Billion Worth of Shares and Bonds Traded Over Last 8 Years
[New Times] Statistics from the Rwanda Stock Market show that equities and bonds worth Rwf 436.5bn have been issued on the local market.
Nigeria: Analysts Bet On Unilever, Seplat Shares, Others
[Vanguard] Investment analysts in the capital market have expressed optimism on the possibility of shares of Unilever Nigeria Plc, Seplat Petroleum Development Company, and Eterna Plc performing well this year and recommended them for a buy.
Nigeria: Only Govt, Lagos Accessed Capital Market in 2017, Says FRC
[This Day] Only the federal government and the Lagos State Government accessed the Capital Market for bonds in 2017, a Fiscal Responsibility Commission (FRC) has report said.
Africa: African E-Commerce Startup Jumia Files for IPO On NYSE
[TechCrunch] Pan-African e-commerce company Jumia filed for an IPO on the New York Stock Exchange today, per SEC documents and confirmation from CEO Sacha Poignonnec to TechCrunch.
Nigeria: SEC Intensifies Efforts to Reduce Unclaimed Dividends
[This Day] As part of efforts to tackle unclaimed dividends in the market, the Securities and Exchange Commission (SEC) is intensifying the implementation of the electronic dividend and regularisation of multiple shares subscription.
Nigeria: Bears Strengthen Hold, As Investors' Wealth Plunge By N90 Billion
[Guardian] Following price losses incurred by the bellwethers, the Nigerian Stock Exchange (NSE), extended its negative sentiment to six successive trading sessions, as investors' wealth plunged by N90 billion in four trading days.
Nigeria: Nigeria Misses Top Five African Factoring Markets Worth N9 Trillion
[Guardian] Nigeria is not among the top five countries in Africa's factoring market, worth N9.03 trillion (?22.3 billion), Africa Export-Import Bank (Afreximbank) has said.
Nigeria: Unlocking Potential of Nigeria Commodity Exchange
[This Day] At the primary level, a commodity exchange connects buyers and sellers of physical commodities, a role that is particularly useful in enhancing market efficiency by helping to match supply and demand of commodities across time and geographic distances. In its sophisticated form, a commodity exchange, as noted by the United Nations Conference on Trade and Development, brings together buyers and sellers of commodity price risk, permitting those who wish to reduce their exposure to price movements to transfer
Ethiopia: UAE Companies Exploring Investment Opportunities in Ethiopia
[ENA] Addis Ababa -Delegates from more than 80 UAE anchor companies are taking part in the Ethiopia-UAE business forum in Addis Ababa to explore available investment opportunities.