Markets Coverage

Mr. Price grants CEO R33m bonus as he’s ‘not paid enough’

Yields on Eurobonds issued by Nigeria, Ghana, Kenya, Ethiopia climbing rapidly.

Nigeria’s Lagos Commodity & Futures Exchange formal inauguration on July 28, looking to trade ..

Anglo American Platinum reports HY1 profit falls 43%, HEPS of R101.4

Lome-based Ecobank Group reports HY1 2022 net profit jump of 24% to $261mn, Diluted EPS of 0.53 cent..

Cape Town to buy power from commercial producers, Mayor says

Libya’s NOC raises crude oil production to 860,000 bpd after force majeure was lifted

Kenya Central Bank in reverse repo market for $25bn – BBG

Airtel Kenya Buys Additional Spectrum for $40 million

Zimbabwe’s floats first 2,000 pieces of its Mosi-oa-tunya gold coins for banks to sell to customer..

African Development Fund approves $5.4mn grant to Somalia for food security

Kenya Airways Signs Interline Agreement with Virgin Atlantic

IMF wants Intensified Graft Checks on Kenya Banks

Gabon’s public debt amounts to more than $10bn

Ghana Parliament passes Tax Exemption Bill 2022

Central African Monetary Union prevailed on Central African Republic to dump cryptocurrency ‘Sango..