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  • Lex: Bear Sterns 12 Nov 2009 00:15 GMT
    ... Published: November 11 2009 14:54 | Last updated: ... to Americans, who hew more towards Horatio Alger than Honoré de Balzac. But an accepted ... whether the public’s rage has been misdirected. Bankers as a group have been subjected to ...

  • Blame Fuel Shortage On OMCs - Energy Minister 12 Nov 2009 00:13 GMT
    ... The issue of the recent fuel scarcity reared its ... liquidity problems have resulted in the various banks shying away from giving credit facilities to ... a result of this, oil supplies from Nigeria were cut off, forcing the government to ...

  • African Markets - Factors to watch on Nov 11 11 Nov 2009 06:10 GMT
    ... market moves and political events may affect African markets on Wednesday - - - - ... to good demand, brokers said on Tuesday. NIGERIA Nigerian household products maker PZ Cussons' pre-tax ... reformed, the finance minister said on Tuesday. ZAMBIA COPPER MINE Miners at Zambia's Konkola Copper Mines ...

  • South African Markets - Factors to watch on Nov 11 11 Nov 2009 07:32 GMT
    ... moves and political events may affect South African markets on Wednesday. Asian stocks rose for ... the money could be misused if the central bank is not reformed, the finance minister said ... Tuesday, bolstered by strong commodity prices, while banking shares pulled Johannesburg's bourse up. Africa's biggest cement ...

  • CREDIT AGRICOLE SA : Solid results reflecting a highly positive trend 3rd quarter 2009 11 Nov 2009 19:51 GMT
    ... July. This restored momentum pushed up net banking income from the Regional Banks' customer business ... and Congo and net income from the African entities that have not been sold yet. ... first 9 months, most of them in Morocco and Poland. Overall, including Emporiki, the business ...

  • Top Nigerian advisers urge c.bank to lower rates 11 Nov 2009 14:35 GMT
    ... ABUJA, Nov 11 (Reuters) - Nigeria's top economic advisory body has urged the ... interest rates to boost economic activity in Africa's most populous nation, the presidency said on ... 600 billion naira ($4 billion) into the banking system since mid-August to rescue nine weakly ...

  • QNB launches private banking services in Geneva 11 Nov 2009 06:50 GMT
    ... to request more information from Qatar National Bank (QNB) ... well as Representative Offices in Iran & Libya. An Islamic branch was recently inaugurated in ... United Arab Emirates (UAE), 50% of the Tunisian-Qatari bank and 20% stake in the Doha-based ...

  • UPDATE 1-Egypt's CIB Q3 net rises 29 pct, within forecasts 11 Nov 2009 23:40 GMT
    ... * CIB Q3 net profit rises 29 pct, in line ... earlier, in line with analyst forecasts. CIB, Egypt's biggest private bank by assets, said on ... its credit quality," said Elena Sanchez-Capezudo, a banking analyst with EFG-Hermes. Egypt's gross domestic product ...

  • Nigeria: Obasanjo regime squandered N200bn Ecological Funds' 11 Nov 2009 10:52 GMT
    ... Nigeria's National Economic Council (NEC) was yesterday told ... Government plans to nationalise some of the banks it recently took over. According to him, ...

  • EMERGING MARKETS-Shares rise for sixth day, currencies up 11 Nov 2009 12:33 GMT
    ... cash kept flowing into emerging markets, Russia's central bank allowed its rouble to set fresh 2009 ... hit seven-week peaks while Russian and South African shares hovered at two-week highs Hungarian and ... for similar moves elsewhere in the region,' the bank added. But the Taiwan dollar rose further ...

  • Zambia's Foreign Reserves Hit 38 Years High 11 Nov 2009 07:25 GMT
    ... Zambia recorded an increase in its foreign reserves ... Zambia (BoZ) Governor Caleb Fundanga said during the bank's third quarterly briefing that it was important ... dollars to help prop up the southern African country's reserves. "As a result, the international ...

  • China-Africa ties benefit both: business leaders 11 Nov 2009 05:30 GMT
    ... The ties between China and Africa benefit both parties and need to be ... regional integration, economic experts from China and Morocco said. Besides cooperation on the governmental level, ... Chinese Prime Minister Wen Jiabao earlier in Egypt of the decision to provide 10 billion U.S. ...

  • ADB to finance 23 pct of Cairo wastewater plant 11 Nov 2009 19:13 GMT
    ... CAIRO: The African Development Bank signed this week a €53.3 ... week a €53.3 million loan agreement with Egypt’s Minister of International Cooperation to finance Cairo’s ... total cost, according to a statement from the bank. Minister of International Cooperation Fayza Aboul Naga ...

  • EMRC and Partners Ignite Meaningful Business Partnerships at Africa Finance & Investment Forum 2009 11 Nov 2009 19:36 GMT
    ... EMRC, Netherlands Development Finance Company and the UN International Trade Centre ... Trade Centre facilitate innovative business introductions for Africa's private sector 10 November 2009 - Brussels, ... Asia representing micro-finance institutions, development and commercial banks, governmental and non-governmental organisations as well as ...

  • INDICATORS - Egypt - Nov 11 11 Nov 2009 12:14 GMT
    ... Latest Date Pvs Rate 4 weeks ago 91-day T-bill ... 364-day T-bill yield 10.263 10/11/09 10.242 9.913 Central bank discount rate 8.5 2/8/09 9.0 9.0 Central bank o/n deposit 8.25 17/9/09 8.5 8.5 Central bank o/n ...


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