Tuesday, 18th June 2019


E Guinea probes graft watchdog for slander

Equatorial Guinea's public prosecutor has launched a probe into whether the head of the French wing of corruption watchdog Transparency International  landered
the country, officials said on Tuesday.
The investigation of Daniel Lebegue comes after French prosecutors called for an international arrest warrant for Teodorin Obiang, the son of…

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Cameroon ex-PM held in graft probe

Police in Cameroon arrested former prime minister Inoni Ephraim on Monday as part of an investigation into corruption, one of his lawyers said.
"He has been placed in detention...," after having been questioned by an investigating magistrate, the lawyer, who asked not to be identified, told AFP.
A source at the court said Ephraim, who served as…

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Africa's demographics: dividend or disaster?

Wanted: Investors for young, hot and thirsty continent. Population to double in 40 years. Poor, but less than it was. Interested parties must think long term.
Africa's demographic profile could make it a dream for retailers if spending power continues to rise - or an unfolding disaster for everyone if the labour market fails to absorb its swelling…

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ALROSA shares admitted to trading on MICEX

Ordinary shares of ALROSA have been admitted to trading on MICEX after their listing by including them in the Quotation List A of the second-tier securities list permitted to be traded at MICEX.
The Exchange approved the relevant changes to be introduced into the list of securities admitted to trading, which will enter into force on April 23,…

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Uganda pushes to liven up lonely bourse

The Uganda Securities Exchange aims to double its market value in the next five years and is lobbying the government for tax incentives to encourage companies
to list, its chief executive said on Wednesday.
The east African bourse also plans to draw new listings through an alternative market for companies that don't qualify for its main board,…

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