News
ABN Business Briefs
Fri, 03 Feb 2012
The Asset Management Corporation of Nigeria says it will appoint financial advisers later this month to kick off the process to sell its interest in nationalised lenders Keystone, Mainstreet and Enterprise Banks.
...read more
South Africa's All-share hits new record close
Fri, 03 Feb 2012
South Africa's
All-Share index inched up 0.05 percent to 34,386.97 on
Friday, booking a fresh record close as U.S. employment
statistics painted a rosier picture for the world's biggest
economy.
...read more
Nigerian interbank rates ease on budgetary inflows
Fri, 03 Feb 2012
Nigeria's interbank lending
rates closed at an average of 13.50 percent this week, easing
from 15.50 percent last week, following the release of some of
December's budgetary allocation to government agencies, traders
said on Friday.
...read more
Marex sees world 2011/12 cocoa deficit of 94,000 T
Fri, 03 Feb 2012
Marex Spectron estimates
world 2011/12 cocoa output will fall 94,000 tonnes short of
grindings, a switch from its November estimate of a small global
surplus, partly due to lower Ivory Coast output and a higher
demand outlook, the commodities brokerage said in a report.
...read more
Glencore move on Xstrata lights fire under M&A hopes
Fri, 03 Feb 2012
Glencore's
earlier-than-expected move on mining group Xstrata could
indicate that mining company valuations have reached a bottom,
getting bankers excited about the prospect of a revival in
merger activity.
...read more
Merged Glencore, Xstrata would take aim at iron ore
Fri, 03 Feb 2012
An $80 billion marriage of
commodities trader Glencore and miner Xstrata
could lead to a new round of takeovers in iron ore, creating a
goliath eager to muscle its way onto one of mining's richest and
most closely guarded sectors.
...read more
S.Africa denies MTN influence on Iran nuclear talks
Fri, 03 Feb 2012
South Africa denied on
Friday that it had been pressured by MTN Group into
backing Tehran's nuclear programme and aiding its military when
the Johannesburg-based mobile operator was bidding for a
telephone licence in Iran.
...read more
Yum Brands sees 130 new Africa stores in 2012 -report
Fri, 03 Feb 2012
U.S. fast-food giant
Yum Brands Inc plans to open 130 new KFC stores in
Africa this year, bringing its presence on the continent to
1,000 restaurants, Business Day newspaper said on Friday, citing
a senior executive.
...read more
Planned investments in African mining
Thu, 02 Feb 2012
Africa's mining
industry is in the spotlight at the annual "Indaba" next week in
Cape Town, a major conference that brings together mine
executives, investors and policy makers from around the
continent.
...read more
New frontiers in Africa gold mining
Thu, 02 Feb 2012
Surging prices and the depletion of
known or relatively accessible deposits is spurring gold miners
operating in Africa into new frontiers on a range of fronts:
technical, environmental and regional.
...read more
Kenya's search for oil and gas
Thu, 02 Feb 2012
Kenya has marked out eight
new offshore exploration blocks that it expects to list in the
government gazette by end-February, and France's Total
is negotiating for the rights to one of the blocks, a senior
energy ministry official has said.
...read more
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Video
- SA Tourism Reveals new “sho’t left” Campaign -Wed, 15 Jun 2011
- 28 February - JSE Markets Wrap - Richard Hirsch - Standard Bank -Mon, 28 Feb 2011
- 11 March - Nigerian Markets Wrap - Bankole Odusanya - UBA -Fri, 11 Mar 2011
- 28 February - Kenyan Markets Wrap - Isaac Njuguna - Zimele -Mon, 28 Feb 2011
podcasts
- NSE Stockbroking Licenses with Rasheed Yusuf
-Wed, 25 Jan 2012
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-Wed, 25 Jan 2012
- Annual Global and South Africa CEO Survey
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- Wind Power in Kenya with Carlos Van Wagenigen
-Fri, 20 Jan 2012
- 16 January - Currency Report with Nomvuyo Guma
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