AFRICAN MARKETS
GSK Egypt announces EGP 250.5M exceptional dividends
By Arab Finance Published: November 23, 2022 3:28 PM GlaxoSmithKline (GSK – Egypt) (EGX:BIOC) announced exceptional dividends of EGP 250.543 million, or EGP 3 ...
AFRICAN MARKETS
KCB floats first Islamic bond worth $4.4 million in Tanzania
By Hellen Githaiga | The East African Published: November 12, 2022 3:59 PM KCB Bank Tanzania (NSE:KCB, DSE:KCB, RSE:KCB) has floated its first ...
AFRICAN MARKETS
Ethiopia investment weighs down Safaricom with 18% profit drop
Safaricom’s net profit in the first half of the financial year ended September has declined to $248 million, mainly due to its massive ...
AFRICAN MARKETS
Vodacom Tanzania records 4.7% rise in revenue
VODACOM Tanzania Plc has registered 4.7 per cent increase in service revenue attributed to a strong performance in the data segment, recovery in ...
AFRICAN MARKETS
Egypt: Domty’s consolidated profits skyrocket 717% YoY in 9 months
By Arab Finance Published: November 15, 2022 2:48 PM Arabian Food Industries Company (Domty) (DOMT) posted a 716.8% year-on-year (YoY) jump in consolidated profit ...
AFRICAN MARKETS
New bank notes for Central Africa region to be launched
The Bank of Central African States (BEAC), the common bank for the six-member Central African Economic and Monetary Community (CEMAC) will release new ...
AFRICAN MARKETS
Tanzania: NICOL endorses 20/- dividend to shareholders
NICOL Investment Company Plc has endorsed a 20/- dividend per share to its shareholders. The dividend was approved in Dar es Salaam ...
AFRICAN MARKETS
Vodacom, TBL shines on the Dar es Salaam Stock Exchange in first 9 months
VODACOM Tanzania and Tanzania Breweries Limited (TBL) collectively accounted for 28 per cent of total equity turnover realised on the Dar es Salaam ...
AFRICAN MARKETS
Zimbabwe: Meikles seeks nod for London Stock Exchange delisting
By Kudzai Kuwaza | Newsday Zimbabwe Published: November 15, 2022 4:50 PM ZIMBABWE Stock Exchange (ZSE)-listed diversified group Meikles Limited (ZSE:MEIK, LSE:MIK) says ...
AFRICAN MARKETS
Fitch Downgrades Nigeria to ‘B-‘; Outlook Stable
Fitch Ratings has downgraded Nigeria's Long-Term Foreign-Currency Issuer Default Rating (IDR) to 'B-' from 'B'. The Outlook is Stable. A full list ...
