http://www.b2i.us/profiles/investor/RSSFeeds.asp?BzID=1483Focused on enhancing African companies' visibility on the global investment stage through increased information accessibility.http://www.b2i.cc/logos/1483/africanIR_logo.jpghttp://www.b2i.us/profiles/investor/RSSFeeds.asp?BzID=148310enhttp://www.b2i.us/irpass.asp?BzID=1483&to=rl&ResLibraryID=33169&c=983&l=1Monday, October 19, 2009 ESTRead ASEA's annual report for 2008 and a total of USD10,000 was received from its 20 member exchanges – a total of USD500 each. What is this if not an indication of the confidence that Africa's stock exchanges have in the association and the resources available to it? Yes, the member exchanges have utlilised their own resources to assist in managing ASEA, but I think that ASEA is just a white elephant. Here is why: A review of the stated objectives of ASEA versus outcomes shows that very...<img src="http://feeds.feedburner.com/~r/AfricanShareholdercom/~4/bquT52H2XUY" height="1" width="1"/>http://feedproxy.google.com/~r/AfricanShareholdercom/~3/bquT52H2XUY/irpass.asphttp://www.b2i.us/irpass.asp?BzID=1483&to=rl&ResLibraryID=33169&c=983&l=1http://www.b2i.us/irpass.asp?BzID=1483&to=rl&ResLibraryID=32937&c=983&l=1Monday, October 05, 2009 ESTThe East African Marine Systems (TEAMS) undersea is now ready for commercial service. This announcement was made following a meeting of the UAE-Kenya Cable System Management Committee held today. The Management Committee or " MC" brings together TEAMS Limited and Etisalat, the UAE-based company that holds a 15% stake in the venture. "The MC accepted the recommendation from their sub-committees that after extensive testing, he UAE – Kenya cable is now ready for commercial service. All the TEAMS...<img src="http://feeds.feedburner.com/~r/AfricanShareholdercom/~4/ggYPlOBdds4" height="1" width="1"/>http://feedproxy.google.com/~r/AfricanShareholdercom/~3/ggYPlOBdds4/irpass.asphttp://www.b2i.us/irpass.asp?BzID=1483&to=rl&ResLibraryID=32937&c=983&l=1http://www.b2i.us/irpass.asp?BzID=1483&to=rl&ResLibraryID=32947&c=983&l=1Monday, October 05, 2009 ESTOn 23 September 2009, I held a workshop on online IR management in Accra, Ghana. My co-presenters were Winston Nelson, the CEO of African Alliance Securities Ghana, a pan-African stockbroking firm, and Farayi Mangwende, the corporate communications manager for African Sun, one of our clients. At the moment, Ghana's online investor relations practices can be described as practically non-existent. This is not unusual. We have pointed out that it has only been in the last three to five...<img src="http://feeds.feedburner.com/~r/AfricanShareholdercom/~4/tteshuByhqg" height="1" width="1"/>http://feedproxy.google.com/~r/AfricanShareholdercom/~3/tteshuByhqg/irpass.asphttp://www.b2i.us/irpass.asp?BzID=1483&to=rl&ResLibraryID=32947&c=983&l=1http://www.b2i.us/irpass.asp?BzID=1483&to=rl&ResLibraryID=32690&c=983&l=1Tuesday, September 29, 2009 ESTThe Corporate Governance Summit Zimbabwe began on Monday, 28 September 2009, at the Crowne Plaza Monomatapa and was well attended by all representative sectors of Zimbabwe's economy. Zimbabwe has started the process to create a new corporate governance code at what clearly seems to be an opportune time: The main motivator is that Zimbabwe needs capital - and corporate governance is a pre-requisite attracting funding. The speakers at the one-day summit were: Mr Canaan Dube,...<img src="http://feeds.feedburner.com/~r/AfricanShareholdercom/~4/QJw7CBgunxM" height="1" width="1"/>http://feedproxy.google.com/~r/AfricanShareholdercom/~3/QJw7CBgunxM/irpass.asphttp://www.b2i.us/irpass.asp?BzID=1483&to=rl&ResLibraryID=32690&c=983&l=1http://www.b2i.us/irpass.asp?BzID=1483&to=rl&ResLibraryID=32669&c=983&l=1Monday, September 28, 2009 ESTTo boost revenue as trading volume slips, the NYSE is relaxing requirements By Mark Scott Investors are benefiting from the stock market rally, but the major U.S. exchanges still have little reason to celebrate. Trading volumes are way off their highs, and upstarts continue to steal market share. With revenues slipping, the bourses are scrambling to protect an old-fashioned business: listings and the fees companies pay the exchanges to trade their shares. The NYSE Euronext (NYX) has been...<img src="http://feeds.feedburner.com/~r/AfricanShareholdercom/~4/33ojwlggFDo" height="1" width="1"/>http://feedproxy.google.com/~r/AfricanShareholdercom/~3/33ojwlggFDo/irpass.asphttp://www.b2i.us/irpass.asp?BzID=1483&to=rl&ResLibraryID=32669&c=983&l=1http://www.b2i.us/irpass.asp?BzID=1483&to=rl&ResLibraryID=32494&c=983&l=1Thursday, September 17, 2009 ESTThe CEO breakfast on investor relations (IR) management, hosted by AIC on 15 September 2009, discussed some of the grey areas that still persist in Kenya's regulatory environment with regard to online IR management, and whether this indicates a shift in the approach towards investor protection. In a bullish market, one-on-one meetings between listed companies and their larger investors were well accepted by listed companies and created meaningful interaction. In the current bear market,...<img src="http://feeds.feedburner.com/~r/AfricanShareholdercom/~4/yh7XfgYsvLA" height="1" width="1"/>http://feedproxy.google.com/~r/AfricanShareholdercom/~3/yh7XfgYsvLA/irpass.asphttp://www.b2i.us/irpass.asp?BzID=1483&to=rl&ResLibraryID=32494&c=983&l=1http://www.b2i.us/irpass.asp?BzID=1483&to=rl&ResLibraryID=32495&c=983&l=1Thursday, September 17, 2009 ESTThis section discusses how a still relatively inexperienced retail investor pubic often does not ask the right questions – and how listed companies' relations with the media have not always been easy. New Retail Investors Asking the Wrong Questions – and the Wrong People Investor relations as a specialised field is underdeveloped in East Africa partly because retail investment itself, whilst often enthusiastically embraced, is still a fairly recent phenomenon. In Kenya, large numbers of...<img src="http://feeds.feedburner.com/~r/AfricanShareholdercom/~4/7HJE5HiH95c" height="1" width="1"/>http://feedproxy.google.com/~r/AfricanShareholdercom/~3/7HJE5HiH95c/irpass.asphttp://www.b2i.us/irpass.asp?BzID=1483&to=rl&ResLibraryID=32495&c=983&l=1http://www.b2i.us/irpass.asp?BzID=1483&to=rl&ResLibraryID=32497&c=983&l=1Thursday, September 17, 2009 ESTInvestor relations practices in East Africa lag behind global standards, but awareness is gradually growing – and for many African companies, the internet provides a powerful tool to engage their investor community more directly. Perspectives: Growing Awareness? Structural issues have held back improvements in IR practices: The fact is that there is a very limited number of large investors in Kenya. They are institutions and a handful of emerging market investors - not more than 100...<img src="http://feeds.feedburner.com/~r/AfricanShareholdercom/~4/YMOxVxd_fo8" height="1" width="1"/>http://feedproxy.google.com/~r/AfricanShareholdercom/~3/YMOxVxd_fo8/irpass.asphttp://www.b2i.us/irpass.asp?BzID=1483&to=rl&ResLibraryID=32497&c=983&l=1http://www.b2i.us/irpass.asp?BzID=1483&to=rl&ResLibraryID=32498&c=983&l=1Thursday, September 17, 2009 ESTA government that turned to the stock exchange for privatisations, an automated trading platform that made trading much easier, widespread retail investor enthusiasm and international investor's interest in 'frontier markets' – companies listed on the NSE never had so much attention as in recent years. But do they know how to communicate with their existing and prospective investors? In this three-part series, we discuss the practices and challenges of investor relations management in Kenya and...<img src="http://feeds.feedburner.com/~r/AfricanShareholdercom/~4/bf_DA828w_M" height="1" width="1"/>http://feedproxy.google.com/~r/AfricanShareholdercom/~3/bf_DA828w_M/irpass.asphttp://www.b2i.us/irpass.asp?BzID=1483&to=rl&ResLibraryID=32498&c=983&l=1http://www.b2i.us/irpass.asp?BzID=1483&to=rl&ResLibraryID=32425&c=1315&l=1Friday, September 11, 2009 ESTStock Exchange News Uganda Stock Market e-Trading to Boost Integration The commencement of electronic trading on the stock market in Uganda will boost regional integration, experts have said. More... Corporate News Botswana Imara takes Zimbabwe investor indaba to UK Pan-African financial services group Imara is taking the Zimbabwe investment case to London following the huge success of its Harare conference for international fund managers excited by growth opportunities following the...<img src="http://feeds.feedburner.com/~r/AfricanShareholdercom/~4/srE5gtZLLms" height="1" width="1"/>http://feedproxy.google.com/~r/AfricanShareholdercom/~3/srE5gtZLLms/irpass.asphttp://www.b2i.us/irpass.asp?BzID=1483&to=rl&ResLibraryID=32425&c=1315&l=1http://www.b2i.us/irpass.asp?BzID=1483&to=rl&ResLibraryID=32331&c=1069&l=1Friday, September 04, 2009 ESTStock Exchange News Botswana BSE to List Gold ETF by Year End Save for meeting certain regulatory requirements and securing a local partner, South Africa's Absa Capital says plans have reached an advanced stage to list and trade a gold Exchange Traded Fund (ETF) on the Botswana Stock Exchange (BSE) before December. More... Kenya NSE Asks Dar Capital Market to Let in Kenyans Kenya capital markets' players on Thursday asked Tanzania to open up its markets. They made the request to...<img src="http://feeds.feedburner.com/~r/AfricanShareholdercom/~4/uMX0G_jtlGo" height="1" width="1"/>http://feedproxy.google.com/~r/AfricanShareholdercom/~3/uMX0G_jtlGo/irpass.asphttp://www.b2i.us/irpass.asp?BzID=1483&to=rl&ResLibraryID=32331&c=1069&l=1http://www.b2i.us/irpass.asp?BzID=1483&to=rl&ResLibraryID=31213&c=1316&l=1Tuesday, July 14, 2009 ESTNigeria Rebranded Virgin Nigeria to be listed on Nigerian Stock Exchange Virgin Nigeria, currently undergoing de-branding, will be listed on the Nigerian Stock Exchange (NSE) after successfully de-branding and re-branding, Dapo Olumide, chief executive officer of the airline has said. Olumide said the airline would have since July 2008 been listed but the wave of financial crisis that swept through the globe and still persists in many parts of the world was the barrier. More... An...<img src="http://feeds.feedburner.com/~r/AfricanShareholdercom/~4/tkwOiIxw5Pc" height="1" width="1"/>http://feedproxy.google.com/~r/AfricanShareholdercom/~3/tkwOiIxw5Pc/irpass.asphttp://www.b2i.us/irpass.asp?BzID=1483&to=rl&ResLibraryID=31213&c=1316&l=1http://www.b2i.us/irpass.asp?BzID=1483&to=rl&ResLibraryID=31128&c=1316&l=1Wednesday, July 08, 2009 ESTEgypt Egypt aims for IPO in life unit of MI Chairman of Insurance Holding Company Mahmoud Abdallah said Monday that Egyptian state-owned Misr Insurance (MI) may launch an initial public offering of its life unit by July 2010, if conditions permit, but the state would keep a majority interest. More... An 'African Is Cool' Initiative Disclaimer This Initial Public Offer (IPO) alert has been prepared by Africanshareholder.com for dissemination to investor pass registered clients, and is...<img src="http://feeds.feedburner.com/~r/AfricanShareholdercom/~4/DR9SRSBKMBg" height="1" width="1"/>http://feedproxy.google.com/~r/AfricanShareholdercom/~3/DR9SRSBKMBg/irpass.asphttp://www.b2i.us/irpass.asp?BzID=1483&to=rl&ResLibraryID=31128&c=1316&l=1http://www.b2i.us/irpass.asp?BzID=1483&to=rl&ResLibraryID=31051&c=983&l=1Friday, July 03, 2009 ESTThe Zimbabwe Stock Exchange (ZSE) has capitalized to nearly US$4 billion since trading resumed on February 19. The telecommunications giant, Econet, recently took pole position as the most capitalized counter from beverages manufacturer, Delta. The bourse has capitalized to US$3,988 billion. Econet Wireless Holdings Limited is now worth over half a billion – or 13 per cent of the entire bourse. Analysts said the stock market was still the investment choice for people interested in long-term...<img src="http://feeds.feedburner.com/~r/AfricanShareholdercom/~4/XFTPHQqMIDQ" height="1" width="1"/>http://feedproxy.google.com/~r/AfricanShareholdercom/~3/XFTPHQqMIDQ/irpass.asphttp://www.b2i.us/irpass.asp?BzID=1483&to=rl&ResLibraryID=31051&c=983&l=1http://www.b2i.us/irpass.asp?BzID=1483&to=rl&ResLibraryID=31027&c=983&l=1Thursday, July 02, 2009 ESTKenya's Nairobi Stock Exchange has postponed a plan for a common trading platform with Uganda and Tanzania because of the economic slowdown, its chief executive said on Wednesday. The $100 million project would enable trade across all three exchanges in line with regional integration moves. Like other stock markets across the world, Nairobi Stock Exchange has racked up losses in the wake of the global financial meltdown. Its main index, the NSE-20, is down 9 percent this year. It sank lower...<img src="http://feeds.feedburner.com/~r/AfricanShareholdercom/~4/-ugtDIK06zI" height="1" width="1"/>http://feedproxy.google.com/~r/AfricanShareholdercom/~3/-ugtDIK06zI/irpass.asphttp://www.b2i.us/irpass.asp?BzID=1483&to=rl&ResLibraryID=31027&c=983&l=1http://www.b2i.us/irpass.asp?BzID=1483&to=rl&ResLibraryID=31044&c=983&l=1Thursday, July 02, 2009 ESTFor a long time I had the last King report of corporate governance on my desk. I never opened it, but I guess it was the King II report. It looked really important and could be seen as required reading for anyone interested in the body economic, such as I am. I used to look at it and tell myself that it would be a good thing to read it. But I did not read it, nor did I even come up with a strategy for how I could approach the reading of such a tome. I could, for instance, take a day's leave,...<img src="http://feeds.feedburner.com/~r/AfricanShareholdercom/~4/C_mlpbi5NhM" height="1" width="1"/>http://feedproxy.google.com/~r/AfricanShareholdercom/~3/C_mlpbi5NhM/irpass.asphttp://www.b2i.us/irpass.asp?BzID=1483&to=rl&ResLibraryID=31044&c=983&l=1http://www.b2i.us/irpass.asp?BzID=1483&to=rl&ResLibraryID=30967&c=983&l=1Tuesday, June 30, 2009 ESTThe Ghana Stock Exchange aims at upholding the highest standards of market integrity, professionalism and best practices in the conduct of business, in order to reinforce investor confidence. Mr Frank Adu Jnr, Chairman of the Council of the Exchange told the annual general meeting of members that the Exchange will also facilitate primary market activities by encouraging more listings to deepen the market and improve liquidity. There are plans to intensify public education, especially on...<img src="http://feeds.feedburner.com/~r/AfricanShareholdercom/~4/1iKZiX7k9to" height="1" width="1"/>http://feedproxy.google.com/~r/AfricanShareholdercom/~3/1iKZiX7k9to/irpass.asphttp://www.b2i.us/irpass.asp?BzID=1483&to=rl&ResLibraryID=30967&c=983&l=1http://www.b2i.us/irpass.asp?BzID=1483&to=rl&ResLibraryID=30968&c=983&l=1Tuesday, June 30, 2009 ESTIf risk and return are truly correlated, investors in a new Zimbabwe-focused private equity fund could be handsomely rewarded. But at least Botswana-listed Imara Asset Management is endeavouring to raise money for its Zimbabwe Value fund amid tentative signs of hope for the country's ravaged economy; inflation, which peaked at several billion per cent, has turned negative after Harare scrapped its worthless banknotes and dollarised the economy with US currency. "We have seen a vast...<img src="http://feeds.feedburner.com/~r/AfricanShareholdercom/~4/BINW2kGqzAo" height="1" width="1"/>http://feedproxy.google.com/~r/AfricanShareholdercom/~3/BINW2kGqzAo/irpass.asphttp://www.b2i.us/irpass.asp?BzID=1483&to=rl&ResLibraryID=30968&c=983&l=1http://www.b2i.us/irpass.asp?BzID=1483&to=rl&ResLibraryID=30890&c=983&l=1Thursday, June 25, 2009 ESTPan-African financial services group Imara today (Thursday, 25 June) announced 'strong' interest in Zimbabwe's first in-country international investment conference since the formation of the inclusive government. It is to be staged in Harare on June 29-30. Imara said 40 international fund managers and analysts had confirmed their attendance at the unprecedented event at Meikles Hotel, Harare, while senior executives from 14 of Zimbabwe's largest listed companies would make presentations. The...<img src="http://feeds.feedburner.com/~r/AfricanShareholdercom/~4/FACnk-jxGHs" height="1" width="1"/>http://feedproxy.google.com/~r/AfricanShareholdercom/~3/FACnk-jxGHs/irpass.asphttp://www.b2i.us/irpass.asp?BzID=1483&to=rl&ResLibraryID=30890&c=983&l=1http://www.b2i.us/irpass.asp?BzID=1483&to=rl&ResLibraryID=30853&c=983&l=1Tuesday, June 23, 2009 ESTASSET managers are being invited this week to reinvest in Zimbabwe, in the first investor conference since the country's stock market closed last autumn. There is growing is evidence Zimbabwe's economy is recovering under the inclusive Government, according to Imara Asset Management, the firm organising this week's investor conference. Grant Flanagan, chief investment officer for Zimbabwe at Imara, said: "There are goods on the shelves again for the first time in years, and production has...<img src="http://feeds.feedburner.com/~r/AfricanShareholdercom/~4/0WpU8m66_Ss" height="1" width="1"/>http://feedproxy.google.com/~r/AfricanShareholdercom/~3/0WpU8m66_Ss/irpass.asphttp://www.b2i.us/irpass.asp?BzID=1483&to=rl&ResLibraryID=30853&c=983&l=1http://www.b2i.us/irpass.asp?BzID=1483&to=rl&ResLibraryID=30857&c=1069&l=1Tuesday, June 23, 2009 ESTZimbabweans appear to be saying 'cheers' to dollarisation, according to Imara, the Pan-African financial services group and an investment fund manager with equity positions in some of Zimbabwe's largest listed companies. John Legat, Harare-based Chief Executive Officer of Imara Asset Management, comments: "We have never experienced a country that has officially dollarised before, but it has been extraordinary how quickly consumption has started to increase and with it volumes and capacity...<img src="http://feeds.feedburner.com/~r/AfricanShareholdercom/~4/bFWzOEmqKj0" height="1" width="1"/>http://feedproxy.google.com/~r/AfricanShareholdercom/~3/bFWzOEmqKj0/irpass.asphttp://www.b2i.us/irpass.asp?BzID=1483&to=rl&ResLibraryID=30857&c=1069&l=1http://www.b2i.us/irpass.asp?BzID=1483&to=rl&ResLibraryID=30816&c=1316&l=1Thursday, June 18, 2009 ESTTanzania Shares in Tanzania's CRDB Bank up 33 pct on listing Shares of Tanzania's CRDB Bank rose 33 percent on listing on the Dar es Salaam Stock Exchange on Wednesday, after an initial public offering involving the sale of 18.8 billion shillings ($14.4 million) worth of stock. More... An 'African Is Cool' Initiative Disclaimer This Initial Public Offer (IPO) alert has been prepared by Africanshareholder.com for dissemination to investor pass registered clients, and is for general...<img src="http://feeds.feedburner.com/~r/AfricanShareholdercom/~4/PeVkhBU5ru8" height="1" width="1"/>http://feedproxy.google.com/~r/AfricanShareholdercom/~3/PeVkhBU5ru8/irpass.asphttp://www.b2i.us/irpass.asp?BzID=1483&to=rl&ResLibraryID=30816&c=1316&l=1http://www.b2i.us/irpass.asp?BzID=1483&to=rl&ResLibraryID=30780&c=1069&l=1Monday, June 15, 2009 ESTEgypt Bank of Alexandria IPO reflects "positive vibes in the market", says bank Bank of Alexandria, a unit of Italy's Intesa Sanpaolo SpA, is negotiating with the Egyptian government to sell either 15% or its full 20% ownership stake in an initial public offering (IPO) More... Mauritius Mauritius Telecom profit down 5%, listing still on Mauritius Telecom said 2008 post-tax profit fall 5 percent to 1.9 billion rupees on increased interest payments. Mauritius Telecom, which dominates the...<img src="http://feeds.feedburner.com/~r/AfricanShareholdercom/~4/II4lZKI-_es" height="1" width="1"/>http://feedproxy.google.com/~r/AfricanShareholdercom/~3/II4lZKI-_es/irpass.asphttp://www.b2i.us/irpass.asp?BzID=1483&to=rl&ResLibraryID=30780&c=1069&l=1http://www.b2i.us/irpass.asp?BzID=1483&to=rl&ResLibraryID=30736&c=983&l=1Thursday, June 11, 2009 ESTThe African Sun Limited Group Chief Executive, Shingi Munyeza, is pleased to announce the launch of his blog. The African Sun Group Chief Executive's blog seeks to connect the investment community with Shingi Munyeza as he provides periodic commentary and news on various subjects relevant to African Sun Limited and the sub-Saharan Africa tourism environment. African Sun Limited encourages you to register for e-mail alerts on AfricanSuninvestor to receive e-mail notifications each time...<img src="http://feeds.feedburner.com/~r/AfricanShareholdercom/~4/anA9-3XLTdk" height="1" width="1"/>http://feedproxy.google.com/~r/AfricanShareholdercom/~3/anA9-3XLTdk/irpass.asphttp://www.b2i.us/irpass.asp?BzID=1483&to=rl&ResLibraryID=30736&c=983&l=1http://www.b2i.us/irpass.asp?BzID=1483&to=rl&ResLibraryID=30675&c=1316&l=1Monday, June 08, 2009 ESTTanzania CRDB IPO oversubscribed by over 30bn/- CRDB Bank (Tanzania) Limited recent public offer (PO) has received more than 100 per cent oversubscription, the bank announced in a statement yesterday. The bank described the public sale of its 125,429,692 shares, worth 18,814,453,800/- that were going at 150/- each and closed on May 8, as a "great success." It said that oversubscribed amount totalling over 31.9bn/- would be refunded to investors before the firm is listed on the Dar es...<img src="http://feeds.feedburner.com/~r/AfricanShareholdercom/~4/h-bXNLT68kE" height="1" width="1"/>http://feedproxy.google.com/~r/AfricanShareholdercom/~3/h-bXNLT68kE/irpass.asphttp://www.b2i.us/irpass.asp?BzID=1483&to=rl&ResLibraryID=30675&c=1316&l=1http://www.b2i.us/irpass.asp?BzID=1483&to=rl&ResLibraryID=30565&c=1315&l=1Friday, May 29, 2009 ESTIPO News Nigeria How Transcorp spent N22bn IPO proceeds, crippled NITEL/Mtel Fresh revelations have emerged over how the management of Transnational Corporation (Transcorp) plc allegedly abused its offices, squandering proceeds of Transcorp's Initial Public Offer (IPO) and subsequently ruined NITEL and its mobile telephony arm, Mtel. More... Stock Exchange News Rwanda Kigali seeks NSE help to prepare 'foolproof' rules Rwanda's emerging bourse is to study East African stockmarkets,...<img src="http://feeds.feedburner.com/~r/AfricanShareholdercom/~4/ov0otYPQmCQ" height="1" width="1"/>http://feedproxy.google.com/~r/AfricanShareholdercom/~3/ov0otYPQmCQ/irpass.asphttp://www.b2i.us/irpass.asp?BzID=1483&to=rl&ResLibraryID=30565&c=1315&l=1http://www.b2i.us/irpass.asp?BzID=1483&to=rl&ResLibraryID=30408&c=1315&l=1Friday, May 22, 2009 ESTCorporate Announcements Malawi NITL Malawi 2009 interim results released We are pleased to release our interim financial results for the half year ended 31 March 2009. The results can be accessed by visiting our website, www.nitlmalawi.com, or following the link below: More.. Corporate News Zambia Joint Media Statement: CEC and TATA partner for Kabompo Gorge Hydro Electric Project Copperbelt Energy Corporation PLC (CEC) and Tata Africa Holdings (PTY) have been awarded the concession...<img src="http://feeds.feedburner.com/~r/AfricanShareholdercom/~4/WvMU0Je3UFA" height="1" width="1"/>http://feedproxy.google.com/~r/AfricanShareholdercom/~3/WvMU0Je3UFA/irpass.asphttp://www.b2i.us/irpass.asp?BzID=1483&to=rl&ResLibraryID=30408&c=1315&l=1http://www.b2i.us/irpass.asp?BzID=1483&to=rl&ResLibraryID=30227&c=1315&l=1Friday, May 15, 2009 ESTIPO News Rwanda CMAC optimistic about an IPO this year THE Capital Markets Advisory Council (CMAC) is expecting an Initial Public Offering (IPO) this year, after engaging some potential companies which may list their shares on the Rwandan bourse. More... Tanzania CRDB Bank public offer receives good response With just a day to go, public response for the public offer for subscription of CRDB Bank shares has been outstanding, as sources say that there is a likelihood of oversubscription....<img src="http://feeds.feedburner.com/~r/AfricanShareholdercom/~4/CPZFq2FmKxs" height="1" width="1"/>http://feedproxy.google.com/~r/AfricanShareholdercom/~3/CPZFq2FmKxs/irpass.asphttp://www.b2i.us/irpass.asp?BzID=1483&to=rl&ResLibraryID=30227&c=1315&l=1http://www.b2i.us/irpass.asp?BzID=1483&to=rl&ResLibraryID=30027&c=1316&l=1Monday, May 11, 2009 ESTTanzania CRDB Bank public offer receives good response With just a day to go, public response for the public offer for subscription of CRDB Bank shares has been outstanding, as sources say that there is a likelihood of oversubscription. Several agents said many people have showed significant appetite to invest in the country's leading commercial bank which has floated 125m shares to the public. More... Rwanda CMAC optimistic about an IPO this year THE Capital Markets Advisory Council...<img src="http://feeds.feedburner.com/~r/AfricanShareholdercom/~4/IqX50cohECg" height="1" width="1"/>http://feedproxy.google.com/~r/AfricanShareholdercom/~3/IqX50cohECg/irpass.asphttp://www.b2i.us/irpass.asp?BzID=1483&to=rl&ResLibraryID=30027&c=1316&l=1http://www.b2i.us/irpass.asp?BzID=1483&to=rl&ResLibraryID=30000&c=1315&l=1Friday, May 08, 2009 ESTStock Exchange News Nigeria Securities and Exchange Commission reverses NSE's suspension of Arian Capital and others The Securities and Exchange Commission directed the Nigerian Stock Exchange (NSE) to lift the suspension order on the 3 stock broking firms imposed week ended Friday 24 April 2009 by the management of the Exchange. A source close to the commission said the decision was taken by the apex regulatory body of the Nigerian capital market having been satisfied that the NSE's action...<img src="http://feeds.feedburner.com/~r/AfricanShareholdercom/~4/SjRkhB7xfC4" height="1" width="1"/>http://feedproxy.google.com/~r/AfricanShareholdercom/~3/SjRkhB7xfC4/irpass.asphttp://www.b2i.us/irpass.asp?BzID=1483&to=rl&ResLibraryID=30000&c=1315&l=1http://www.b2i.us/irpass.asp?BzID=1483&to=rl&ResLibraryID=29828&c=1315&l=1Thursday, April 30, 2009 ESTIPO News Tanzania 125m shares for sale as CRDB investor offloads 5pc stake It is all systems go for the CRDB Bank Ltd's initial public offering where its major investor — Danida Investment Fund, with 27.6 per cent stake — will offload part of its shareholding. According to the IPO prospectus, there are 125,429,692 shares on offer at $0.015 per share. Trading of the shares at the Dar es Salaam is slated for June 17. More... Stock Exchange News Kenya Equity Bank's dispute with CDSC...<img src="http://feeds.feedburner.com/~r/AfricanShareholdercom/~4/JmuHAq_SXpc" height="1" width="1"/>http://feedproxy.google.com/~r/AfricanShareholdercom/~3/JmuHAq_SXpc/irpass.asphttp://www.b2i.us/irpass.asp?BzID=1483&to=rl&ResLibraryID=29828&c=1315&l=1http://www.b2i.us/irpass.asp?BzID=1483&to=rl&ResLibraryID=29777&c=1316&l=1Tuesday, April 28, 2009 ESTTanzania 125m shares for sale as CRDB investor offloads 5pc stake It is all systems go for the CRDB Bank Ltd's initial public offering where its major investor — Danida Investment Fund, with 27.6 per cent stake — will offload part of its shareholding. According to the IPO prospectus, there are 125,429,692 shares on offer at $0.015 per share. Trading of the shares at the Dar es Salaam is slated for June 17. More... An 'African Is Cool' initiative… Disclaimer This Initial Public Offer...<img src="http://feeds.feedburner.com/~r/AfricanShareholdercom/~4/whnOlNHJChY" height="1" width="1"/>http://feedproxy.google.com/~r/AfricanShareholdercom/~3/whnOlNHJChY/irpass.asphttp://www.b2i.us/irpass.asp?BzID=1483&to=rl&ResLibraryID=29777&c=1316&l=1http://www.b2i.us/irpass.asp?BzID=1483&to=rl&ResLibraryID=29726&c=1316&l=1Friday, April 24, 2009 ESTUganda Government seeks IPO of 40% stake in Kinyara The Ugandan government is planning to sell its 40% stake in the country's second largest sugar producer, Kinyara Sugar Works, according to Dow Jones. More... An 'African Is Cool' initiative… Disclaimer This Initial Public Offer (IPO) alert has been prepared by Africanshareholder.com for dissemination to investor pass registered clients, and is for general information purposes only. The alert and its content do not constitute an offer to,...<img src="http://feeds.feedburner.com/~r/AfricanShareholdercom/~4/e4-NRVL--NU" height="1" width="1"/>http://feedproxy.google.com/~r/AfricanShareholdercom/~3/e4-NRVL--NU/irpass.asphttp://www.b2i.us/irpass.asp?BzID=1483&to=rl&ResLibraryID=29726&c=1316&l=1http://www.b2i.us/irpass.asp?BzID=1483&to=rl&ResLibraryID=29727&c=1315&l=1Friday, April 24, 2009 ESTIPO News Tanzania Tanzania bank IPO to raise 18.8 bln shillings Tanzania's CRDB Bank started selling 125.4 million shares on Monday to raise 18.8 billion shillings ($14.1 million) in an initial public offering (IPO) ahead of a June bourse listing. More... Uganda Government seeks IPO of 40% stake in Kinyara The Ugandan government is planning to sell its 40% stake in the country's second largest sugar producer, Kinyara Sugar Works, according to Dow Jones. More... Stock Exchange...<img src="http://feeds.feedburner.com/~r/AfricanShareholdercom/~4/_DE1SsAzW_I" height="1" width="1"/>http://feedproxy.google.com/~r/AfricanShareholdercom/~3/_DE1SsAzW_I/irpass.asphttp://www.b2i.us/irpass.asp?BzID=1483&to=rl&ResLibraryID=29727&c=1315&l=1http://www.b2i.us/irpass.asp?BzID=1483&to=rl&ResLibraryID=29664&c=1316&l=1Tuesday, April 21, 2009 ESTTanzania Tanzania bank IPO to raise 18.8 bln shillings Tanzania's CRDB Bank started selling 125.4 million shares on Monday to raise 18.8 billion shillings ($14.1 million) in an initial public offering (IPO) ahead of a June bourse listing. More... An 'African Is Cool' initiative... Disclaimer This Initial Public Offer (IPO) alert has been prepared by Africanshareholder.com for dissemination to investor pass registered clients, and is for general information purposes only. The alert and its...<img src="http://feeds.feedburner.com/~r/AfricanShareholdercom/~4/zi5s5DbUBlk" height="1" width="1"/>http://feedproxy.google.com/~r/AfricanShareholdercom/~3/zi5s5DbUBlk/irpass.asphttp://www.b2i.us/irpass.asp?BzID=1483&to=rl&ResLibraryID=29664&c=1316&l=1http://www.b2i.us/irpass.asp?BzID=1483&to=rl&ResLibraryID=29638&c=1315&l=1Friday, April 17, 2009 ESTIPO News Kenya FACTBOX-Kenya's privatisation plans Kenya signed agreements with advisers for the privatisation of its stakes in Kenya Wine Agencies and National Bank (NBK1.NR: Quote) on Thursday. [ID:nL9956149] The east African economy said in December it plans to privatise 16 state-owned firms through strategic partnerships or share issues, after shelving plans to plug a budget shortfall with a bond issue. Following are details of the firms to be privatised: More... Stock Exchange...<img src="http://feeds.feedburner.com/~r/AfricanShareholdercom/~4/E8MCGyWJNLM" height="1" width="1"/>http://feedproxy.google.com/~r/AfricanShareholdercom/~3/E8MCGyWJNLM/irpass.asphttp://www.b2i.us/irpass.asp?BzID=1483&to=rl&ResLibraryID=29638&c=1315&l=1http://www.b2i.us/irpass.asp?BzID=1483&to=rl&ResLibraryID=29523&c=1316&l=1Tuesday, April 14, 2009 ESTKenya FACTBOX-Kenya's privatisation plans Kenya signed agreements with advisers for the privatisation of its stakes in Kenya Wine Agencies and National Bank (NBK1.NR: Quote) on Thursday. [ID:nL9956149] The east African economy said in December it plans to privatise 16 state-owned firms through strategic partnerships or share issues, after shelving plans to plug a budget shortfall with a bond issue. Following are details of the firms to be privatised: More... An 'African Is Cool'...<img src="http://feeds.feedburner.com/~r/AfricanShareholdercom/~4/591u-cFSjTY" height="1" width="1"/>http://feedproxy.google.com/~r/AfricanShareholdercom/~3/591u-cFSjTY/irpass.asphttp://www.b2i.us/irpass.asp?BzID=1483&to=rl&ResLibraryID=29523&c=1316&l=1http://www.b2i.us/irpass.asp?BzID=1483&to=rl&ResLibraryID=29439&c=1315&l=1Thursday, April 09, 2009 ESTStock Exchange News Malawi MSE First quarter market report: January-March 2009 Market performance report for 1 January to 31 March 2009. More... Nigeria FG set to introduce new code of corporate governance The Federal Government is set to come out with a new code of corporate governance combining both self regulation and regulatory enforcement among public companies in Nigeria, putting the country in a better stead to take advantage of opportunities in the current global financial...<img src="http://feeds.feedburner.com/~r/AfricanShareholdercom/~4/3VecFjJGhEY" height="1" width="1"/>http://feedproxy.google.com/~r/AfricanShareholdercom/~3/3VecFjJGhEY/irpass.asphttp://www.b2i.us/irpass.asp?BzID=1483&to=rl&ResLibraryID=29439&c=1315&l=1http://www.b2i.us/irpass.asp?BzID=1483&to=rl&ResLibraryID=29410&c=1069&l=1Wednesday, April 08, 2009 EST1. Government Gazette Extra-Ordinary of 3 March 2009 In this government gazette the Broadcasting (Listener's Licenses) (Fees) Notice was published in SI 19/09. The Notice changes the fees from Zimbabwe dollar to foreign currency and increases them drastically as follows: US$20 for a home radio license US$50 for a home radio and TV license US$50 for a business radio license US$100 for a business TV license US$30, US$80, US$100 for a private vehicle radio license; an...<img src="http://feeds.feedburner.com/~r/AfricanShareholdercom/~4/xwJ-2W8rS9s" height="1" width="1"/>http://feedproxy.google.com/~r/AfricanShareholdercom/~3/xwJ-2W8rS9s/irpass.asphttp://www.b2i.us/irpass.asp?BzID=1483&to=rl&ResLibraryID=29410&c=1069&l=1http://www.b2i.us/irpass.asp?BzID=1483&to=rl&ResLibraryID=29319&c=1315&l=1Friday, April 03, 2009 ESTIPO News Uganda Uganda to sell off stakes in four firms: government Uganda will sell shares in four previously state-owned companies in its hotel, sugar, insurance and telecoms sectors over the next four years, the government said on Wednesday. More... Stock Exchange News Ghana Ghana Stock Exchange begins electronic trading The Ghana Stock Exchange would today Friday March 27, 2009, start automated trading after the successful completion of its electronic system. A fire outbreak in...<img src="http://feeds.feedburner.com/~r/AfricanShareholdercom/~4/gREQ7JxGjAM" height="1" width="1"/>http://feedproxy.google.com/~r/AfricanShareholdercom/~3/gREQ7JxGjAM/irpass.asphttp://www.b2i.us/irpass.asp?BzID=1483&to=rl&ResLibraryID=29319&c=1315&l=1http://www.b2i.us/irpass.asp?BzID=1483&to=rl&ResLibraryID=29220&c=1316&l=1Monday, March 30, 2009 ESTUganda Uganda to sell off stakes in four firms: government Uganda will sell shares in four previously state-owned companies in its hotel, sugar, insurance and telecoms sectors over the next four years, the government said on Wednesday. More... An 'African Is Cool' Initiative… Disclaimer This Initial Public Offer (IPO) alert has been prepared by Africanshareholder.com for dissemination to investor pass registered clients, and is for general information purposes only. The alert and its...<img src="http://feeds.feedburner.com/~r/AfricanShareholdercom/~4/zqY4nYKc31Y" height="1" width="1"/>http://feedproxy.google.com/~r/AfricanShareholdercom/~3/zqY4nYKc31Y/irpass.asphttp://www.b2i.us/irpass.asp?BzID=1483&to=rl&ResLibraryID=29220&c=1316&l=1http://www.b2i.us/irpass.asp?BzID=1483&to=rl&ResLibraryID=29198&c=1315&l=1Friday, March 27, 2009 ESTIPO News Ivory Coast Ivory Coast - IPO of Onatel The Burkinabé government has raised 29 billion CFA francs (US$59.6 million) from the sale of a 20% stake in fixed-line incumbent Onatel through an initial public offering (IPO), according to Reuters. The IPO closed on 31 January 2009 and shares are due to be listed on the Bourse Regionale des Valeurs Mobilieres (BRVM), the regional stock exchange in Abidjan (Côte d'Ivoire), on 1 May 2009. The International Finance Corporation (IFC), the...<img src="http://feeds.feedburner.com/~r/AfricanShareholdercom/~4/lPfCPfz4T5Y" height="1" width="1"/>http://feedproxy.google.com/~r/AfricanShareholdercom/~3/lPfCPfz4T5Y/irpass.asphttp://www.b2i.us/irpass.asp?BzID=1483&to=rl&ResLibraryID=29198&c=1315&l=1http://www.b2i.us/irpass.asp?BzID=1483&to=rl&ResLibraryID=29213&c=983&l=1Friday, March 27, 2009 ESTWe are pleased to advise that following our representations, the Reserve bank of Zimbabwe is agreeable to the restoration of partial and full fungibility on dually listed shares. The restoration has been granted on the following conditions: Shares with Full Fungibility 1.1 Where shares are fully fungible...<img src="http://feeds.feedburner.com/~r/AfricanShareholdercom/~4/r0WF6RxqWWM" height="1" width="1"/>http://feedproxy.google.com/~r/AfricanShareholdercom/~3/r0WF6RxqWWM/irpass.asphttp://www.b2i.us/irpass.asp?BzID=1483&to=rl&ResLibraryID=29213&c=983&l=1http://www.b2i.us/irpass.asp?BzID=1483&to=rl&ResLibraryID=29147&c=1316&l=1Tuesday, March 24, 2009 ESTUganda Kinyara Sugar Works to list on stock market Kinyara Sugar Works Ltd will soon list on the Uganda Securities Exchange. Jim Mugunga, the Privatisation Unit publicist confirmed to East African Business Week Kinyara Sugar Works' listing on the stock market is on schedule. More... An 'African Is Cool' Initiative… Disclaimer This Initial Public Offer (IPO) alert has been prepared by Africanshareholder.com for dissemination to investor pass registered clients, and is for general...<img src="http://feeds.feedburner.com/~r/AfricanShareholdercom/~4/sp6npVovgY8" height="1" width="1"/>http://feedproxy.google.com/~r/AfricanShareholdercom/~3/sp6npVovgY8/irpass.asphttp://www.b2i.us/irpass.asp?BzID=1483&to=rl&ResLibraryID=29147&c=1316&l=1http://www.b2i.us/irpass.asp?BzID=1483&to=rl&ResLibraryID=29122&c=1316&l=1Monday, March 23, 2009 ESTIvory Coast Ivory Coast - IPO of Onatel The Burkinabé government has raised 29 billion CFA francs (US$59.6 million) from the sale of a 20% stake in fixed-line incumbent Onatel through an initial public offering (IPO), according to Reuters. The IPO closed on 31 January 2009 and shares are due to be listed on the Bourse Regionale des Valeurs Mobilieres (BRVM), the regional stock exchange in Abidjan (Côte d'Ivoire), on 1 May 2009. The International Finance Corporation (IFC), the private-sector...<img src="http://feeds.feedburner.com/~r/AfricanShareholdercom/~4/4Y0CtLpPXEk" height="1" width="1"/>http://feedproxy.google.com/~r/AfricanShareholdercom/~3/4Y0CtLpPXEk/irpass.asphttp://www.b2i.us/irpass.asp?BzID=1483&to=rl&ResLibraryID=29122&c=1316&l=1http://www.b2i.us/irpass.asp?BzID=1483&to=rl&ResLibraryID=29086&c=1316&l=1Friday, March 20, 2009 ESTKenya GBHL to go ahead with plans to list at the NSE Grain Bulk Handlers Limited says it will go on with plans to list at the Nairobi Stock Exchange before the end of the year.This is despite the controversy surrounding the company as the government contemplates removing its exclusive right to handle bulk grain at the port of Mombasa.Mr Mohamed Jaffer, the firm's executive chairman, says that GBHL's plans to offload its shares and continue with its expansion despite plans to bring in other...<img src="http://feeds.feedburner.com/~r/AfricanShareholdercom/~4/zJgNn2HN77Q" height="1" width="1"/>http://feedproxy.google.com/~r/AfricanShareholdercom/~3/zJgNn2HN77Q/irpass.asphttp://www.b2i.us/irpass.asp?BzID=1483&to=rl&ResLibraryID=29086&c=1316&l=1http://www.b2i.us/irpass.asp?BzID=1483&to=rl&ResLibraryID=29091&c=1315&l=1Friday, March 20, 2009 ESTIPO News Kenya GBHL to go ahead with plans to list at the NSE Grain Bulk Handlers Limited says it will go on with plans to list at the Nairobi Stock Exchange before the end of the year.This is despite the controversy surrounding the company as the government contemplates removing its exclusive right to handle bulk grain at the port of Mombasa.Mr Mohamed Jaffer, the firm's executive chairman, says that GBHL's plans to offload its shares and continue with its expansion despite plans to bring...<img src="http://feeds.feedburner.com/~r/AfricanShareholdercom/~4/Du5oTgOvdU8" height="1" width="1"/>http://feedproxy.google.com/~r/AfricanShareholdercom/~3/Du5oTgOvdU8/irpass.asphttp://www.b2i.us/irpass.asp?BzID=1483&to=rl&ResLibraryID=29091&c=1315&l=1http://www.b2i.us/irpass.asp?BzID=1483&to=rl&ResLibraryID=29102&c=1320&l=1Friday, March 20, 2009 ESTCopperbelt Energy Corporation Limited (CEC) is pleased to release the annual report for the year ended 31 December 2008. To access the report, either click on the image above, or click the link below, or open the attachment to this alert, or visit our investor relations website, www.cecinvestor.com. Stakeholders are encouraged to visit our investor relations website, www.cecinvestor.com, and register for e-mail alerts to keep abreast with developments at CEC. › 2008 annual report...<img src="http://feeds.feedburner.com/~r/AfricanShareholdercom/~4/7HkBWQbdoXk" height="1" width="1"/>http://feedproxy.google.com/~r/AfricanShareholdercom/~3/7HkBWQbdoXk/irpass.asphttp://www.b2i.us/irpass.asp?BzID=1483&to=rl&ResLibraryID=29102&c=1320&l=1http://www.b2i.us/irpass.asp?BzID=1483&to=rl&ResLibraryID=29027&c=1069&l=1Tuesday, March 17, 2009 EST1. Government Gazette of 6 February 2009 In this Government Gazette the Presidential Powers (Temporary Measures) (Currency Revaluation and Issue of New Currency) Regulations were published in S.I. 6 of 2009. The Regulations provide for the revaluation of the currency. It criminalizes the increase in the price of goods in the new currency from the old currency price on the day after publication of these Regulations by persons engaged in the sale of goods and services. This is really...<img src="http://feeds.feedburner.com/~r/AfricanShareholdercom/~4/1E9d1wqPsKE" height="1" width="1"/>http://feedproxy.google.com/~r/AfricanShareholdercom/~3/1E9d1wqPsKE/irpass.asphttp://www.b2i.us/irpass.asp?BzID=1483&to=rl&ResLibraryID=29027&c=1069&l=1http://www.b2i.us/irpass.asp?BzID=1483&to=rl&ResLibraryID=28975&c=1315&l=1Friday, March 13, 2009 ESTIPO News Kenya Bread maker says it will go ahead with IPO Bread maker DPL Festive plans to go ahead with its initial public offer, which is pending approval from the Capital Markets Authority, despite concerns from analysts over its timing and success on the bearish stock market. Flight of investors from the Nairobi Stock Exchange (NSE) due to effects of the global financial crisis, loss of investor confidence and high cost of living, have pushed the stock market to losses last seen in...<img src="http://feeds.feedburner.com/~r/AfricanShareholdercom/~4/mJxQG2f47FE" height="1" width="1"/>http://feedproxy.google.com/~r/AfricanShareholdercom/~3/mJxQG2f47FE/irpass.asphttp://www.b2i.us/irpass.asp?BzID=1483&to=rl&ResLibraryID=28975&c=1315&l=1