Markets Coverage

NSE FY23: Int. Inc. -21%; Other Inc. +64%; EPS +40%; Cash Div Ksh 0.16

SA manuf. upbeat despite PMI dip to 49.2

Egypt announces upward review of fuel prices

End of 18% returns for investors as CBK rejects Sh37bn bids

SARB to hold repo at 8.25% at March meeting – Poll

Tunisia’s insurance sector posts $1bn turnover in 2023

Libya’s oil prod. seen to exceed 1.5mn bpd

Uganda diaspora inflows up 13.4% in 12M-ended Jan.

Ethiopia in talks with IMF for c.$3.5bn loan as Paris Club March 31 deadline looms

Fitch affirms Arab Tunisian Bank at ‘B-‘; Outlook Stable

Egyptian EFG Holdings turnover up $315mn in FY23

Moody’s upgrade Tanzania to ‘B1’ from ‘B2’; Outlook Stable from Positive

Cardoso and team walk tightrope to March 26 rate decisions

Zambia, Zim. Sign tripartite MoU to strengthen trade, invt. Ties

Ghana signs visa waiver agreement with Malawi

Battered Zim$ falls beyond 20,000 per US$ in official trade