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East Africa Stock Markets News. Service for global professionals. Constantly updated news and information about East Africa Stock Markets.
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Latest East Africa Stock Markets News

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  • Heritage Oil Enters Into a Letter of Intent to Sell Its Ugandan Interests for Up to US$1.5 Billion 23 Nov 2009 07:42 GMT
    ... interests in Blocks 1 and 3A in Uganda. Completion is subject to the receipt and ... the Democratic Republic of Congo, Malta, Pakistan, Tanzania and Mali. The Company plans to embark ... and gas in its core areas of Africa, the Middle East and Russia. - Heritage ...

  • Britain's Heritage Oil PLC agrees to sell Ugandan fields to Italy's Eni, drops bid for Genel 23 Nov 2009 10:09 GMT
    ... agreed to sell its stakes in two Ugandan fields to Italy's Eni SpA for up to ... part of an its expansion in sub-Saharan Africa. It also has interests in Angola, Nigeria, Gabon, ... 525 pence ($8.70) Monday on the London Stock Exchange. ...

  • Heritage Oil to sell Ugandan fields to Italy's Eni 23 Nov 2009 10:18 GMT
    ... agreed to sell its stakes in two Ugandan fields to Italy's Eni SpA for up to ... part of an its expansion in sub-Saharan Africa. It also has interests in Angola, Nigeria, Gabon, ... 525 pence ($8.70) Monday on the London Stock Exchange. © Copyright 2009 Associated Press. All rights ...

  • UPDATE 1-Egypt's Citadel lists shares, eyes rights issue 23 Nov 2009 11:32 GMT
    ... expand its investments in Middle East and East African countries, especially those with big domestic markets ... to invest in the Middle East and East Africa, each focusing on a specific economic sector. ...

  • Scripps buys majority stake in NDTV Lifestyle 23 Nov 2009 03:55 GMT
    ... Food Network in Europe, the Middle East, Africa and Asia. Scripps' media portfolio includes television and internet ... Rs 144.05 on Friday on the Bombay Stock Exchange, while that of Scripps fell about a per ...

  • Batelco continues to explore investment opportunities in Africa and Asia, says Batelco Group CEO 22 Nov 2009 08:33 GMT
    ... Batelco: Batelco Group, listed on the Bahrain Stock Exchange, is the leading integrated communications' provider in ... liberalised and competitive environment in the Middle East Africa region. It delivers cutting-edge fixed and wireless ...

  • Tony Buckingham to reap £80m from Heritage oil's sale of Ugandan sites to Eni 22 Nov 2009 18:40 GMT
    ... reap £80m from Heritage oil's sale of Ugandan sites to Eni Former mercenary Tony Buckingham is poised ... Jersey-based Heritage, which listed on the London Stock Exchange last year. He was a partner last ... Outcomes, a mercenary firm based in South Africa. The group will have about £1.3bn of cash ...

  • Beer war: How did it emerge? 22 Nov 2009 11:12 GMT
    ... As the East Africa Breweries Limited (EABL) complains of breach of ... in a two-year battle for control of Kenya and Tanzania beer markets. But it soon ...

  • European Investors Eye Unlisted Firms 22 Nov 2009 02:25 GMT
    ... not have such a strong bearing on Africa's growth prospects. A fortnight ago, Rwanda President Paul ... investment means that countries such as Nigeria, Kenya and Ghana, which have advantages of scale, ... would have added 300MW to the power-strapped east African nation's grid. "The risks inherent in emerging ...

  • Profit of Listed Companies on KSE 9M-2009 22 Nov 2009 13:33 GMT
    ... especially in many of its subsidiries in Africa, had a great impact on the net profits of ... non-core assets including 11 percent stake in Kenya Telecom and $250mn in Iraq’s Korek Telecom. Its worth ... during the last few days. Source: Kuwait Stock Exchange & Global Research We expect that 4Q2009 ...

  • Profit of Listed Companies on KSE- 9M-2009 22 Nov 2009 17:55 GMT
    ... especially in many of its subsidiries in Africa, had a great impact on the net profits of ... non-core assets including 11 percent stake in Kenya Telecom and $250mn in Iraq's Korek Telecom. Its worth ... during the last few days. Source: Kuwait Stock Exchange & Global Research We expect that 4Q2009 ...

  • East Africa trade bloc inks common market treaty 20 Nov 2009 17:18 GMT
    ... , Tanzania and Uganda signed the East Africa Common Market Protocol, opening up a region ... negotiations by partner states," Kenya's ministry of East African Community said this week. The bloc's Secretary ...

  • London Stock Exchange quotations 18 November 2009 18 Nov 2009 19:50 GMT
    ... Omdurman, Sudan - A former French youth international who plays his club football ... the 2010 World Cup finals in South Africa with a 1-0 victory ove... Washington - ...

  • AU Secretariat 'Not Moving Fast Enough On African Integration' 17 Nov 2009 19:36 GMT
    ... An expert blamed the African Union (AU) secretariat on Sunday for delay in ... the driving force behind the integration agenda. East African Community (EAC) secretary general, ambassador Juma Mwapachu, ... other integration stages," he said. Trade between Kenya and Tanzania has grown by 119 per ...

  • UPDATE 1-Kenyan Centum H1 pretax profit slides 20 Nov 2009 07:55 GMT
    ... American Tobacco, Kenya Airways, Barclays Bank , East African Breweries, CMC Motors and Carbacid. It also ... Kenya Wine Agencies, UAP Insurance, General Motors East Africa, Longhorn Publishers and catering firm NAS. Centum ...


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