Economy - Markets
  • Africa boasts enormous market potential – UN deputy chief
    19 october 2017 05:54:55
    New York, USA (PANA) – African countries individually represent relatively small markets, but collectively, they represent enormous market potential, the United Nations deputy chief told an Africa Week event in New York on Wednesday. Full text...

  • US: Emerging markets well prepared for US Fed rate increase
    09 october 2016 15:58:50
    Washington D.C., US (PANA) - Emerging market countries are well prepared to handle any fallout from a Federal Reserve interest rate increase according to central bankers taking part in an International Monetary Fund (IMF) seminar in Washington, DC. Full text...

  • Senegal: Businesses in Nigeria face challenging times – Sage Director
    22 september 2016 16:26:26
    Dakar, Senegal (PANA) - With the Nigerian economy in recession, support for small and medium businesses could be one of the key ingredients to carrying the country through the tough times, Magnus Nmonwu, Regional Director for Sage in West Africa, declared on Thursday. Full text...

  • Kenya: 2015 - Challenging year for African capital markets
    01 february 2016 13:41:45
    Nairobi, Kenya (PANA) - In line with global trends, 2015 was a challenging year for African capital markets in the wake of market volatility and the emergence of renewed global economic uncertainty in the latter part of the year, international accounting firm Price Waterhouse Coopers (PwC) said in its 2015 African Capital Markets Watch report released Monday. Full text...

  • US: African finance ministers attend 5th Capital Markets Summit
    16 april 2015 20:10:12
    Washington US (PANA) – Finance Ministers from Cote d'Ivoire, Gabon and Nigeria are taking part in a Capital Markets Summit on the sidelines of the IMF/World Bank Spring meetings in Washington DC, USA. Full text...

  • Mauritius: Mauritius looking for cross-border investments - Minister
    16 april 2014 12:44:07
    Port-Louis, Mauritius (PANA) - Mauritian Foreign Affairs, Regional Integration and International Trade Minister Arvin Boolell has said the government is doing its best to create the enabling environment to encourage cross-border investments, PANA reported from the capital, Port-Louis, Wednesday. Full text...

  • Cote d'Ivoire: ECOWAS seeks awareness on role of capital markets
    03 april 2014 13:53:34
    Abidjan, Cote d'Ivoire (PANA) - The ECOWAS Commission has called on market operators and other stakeholders to step up citizenship awareness of the roles of capital markets in wealth creation and management and overall economic development, to maximise the benefits of the upcoming integrated regional capital markets. Full text...

  • Accra to forcefully eject ECOWAS traders from Ghana markets Tuesday
    12 october 2012 11:17:54
    Lagos, Nigeria (PANA) - Nigerian traders, and indeed traders from other West African countries, have been given till Tuesday, 16 Octber, 2012, to vacate Ghanaian markets or face forceful eviction following the escalating trade disputes between Accra and ECOWAS Traders in Ghana. Full text...

  • Migiro calls for access to markets, investments for African nations
    12 october 2011 17:17:29
    New York, US (PANA) - UN Deputy Secretary-General Asha-Rose Migiro on Wednesday in Seoul, South Korea, called on the international community to grant African countries fairer access to markets for its exports and invest in its lucrative resources by funding the necessary infrastructure. Full text...

  • Latest forex rates in Tanzania
    01 december 2010 09:35:41
    Dar es Salaam, Tanzania (PANA) - Following are the latest exchange rates for the Tanzanian shilling, Full text...

  • Ban tasks private sector on sustainable markets
    20 december 2009 17:42:00
    New York- US (PANA) -- UN Secretary-General Ban Ki-moon has urged the private sec tor to build markets that are "more sustainable and inclusive". Full text...

  • China, Egypt to explore global markets
    27 december 2008 14:44:00
    Cairo- Egypt (PANA) – China's Vice--Premier Li Keqiang has called on his nation a nd Egypt to work together to explore global markets. Full text...

  • Experts harp on accountability in Nigerian capital market
    14 october 2007 14:51:00
    Ijebu-Ode-Nigeria (PANA) -- All the stakeholders in the Nigerian capital market have a critical role to play in promoting transparency and accountability as a way of attracting international investors into the country, the Director-General of Security and Exchange Commission (SEC) of Nigeria, Musa Al-faki, said on Saturday "For us to deepen the market and place it on the same pedestal like what obtains in developed economies, all the operators must be ready to give timely and accurate information to promote accountability in the capital market," Al-Faki said. Full text...

  • Benin to watch public sector purchases
    12 march 2007 16:44:00
    Cotonou- Benin (PANA) -- Benin is devising a price list of goods for purchases by the public agencies to end the mismanagement noted procurement in the public sector, official sources said here Monday. Full text...

  • Turnover rises at Nairobi Stock market
    30 august 2005 15:39:00
    Nairobi- Kenya (PANA) -- Turnover at the Nairobi Stock Exchange (NSE) Tuesday rose to 2. Full text...

  • Growth to stagnate over waning donor confidence
    20 april 2005 11:15:00
    Nairobi- Kenya (PANA) -- The rapid expansion of credit to the private sector last year spurred on Kenya's economic growth rate to 2. Full text...

  • SA blue agave producer targets US, Canadian markets
    24 february 2005 15:34:00
    Cape Town- South Africa (PANA) -- South African producer of blue agave tequila has undertaken an export and investment mission to Canada and the United States to conclude trade agreements and seek partnerships ahead of launching into the North American market. Full text...

  • IFPRI urges OECD countries to ease market access
    28 january 2005 23:38:00
    Dakar- Senegal (PANA) -- The world's poor can not afford to lose the benefits of an agriculture trade deal in 2005, says a statement circulated at the 2005 Annual Meeting of World Economic Forum in Davos, Switzerland. Full text...

  • US treasury official prods Africa into capital markets
    26 may 2004 15:28:00
    Munyonyo- Uganda (PANA) -- US Under Secretary of the Treasury, John Taylor has called on African countries to include the capital market into their development plan to spur economic activities. Full text...

  • Carving a place for Africa's emerging capital markets
    01 april 2004 07:32:00
    Addis Ababa- Ethiopia (PANA) -- Though well poised to benefit from the increased flows of capital from globalisation, North Africa's emerging capital markets face a special set of challenges as they compete with similar markets in Asia and Latin America for new issues and investors. Full text...

  • Zimbabwe financial markets edgy ahead of budget
    14 november 2003 14:00:00
    Harare- Zimbabwe (PANA) -- Zimbabwe's financial markets have become edgy ahead of the announcement of a national budget next week, and the appointment of a new central bank chief, analysts said Friday. Full text...

  • Capital markets development to boost African economies
    29 october 2003 09:18:00
    Addis Ababa- Ethiopia (PANA) -- A senior economist with the Economic Commission for Africa (ECA) has called for regional integration of financial markets as a logical way for expanding the range of financial products and services available in African countries. Full text...

  • African capital markets CEOs to discuss HIV/AIDS impact
    21 october 2003 14:40:00
    Addis Ababa- Ethiopia (PANA) -- The impact of HIV/AIDS on capital markets will be among socio-economic factors under consideration at a three-day workshop organised by the Economic Commission for Africa (ECA) for officials of capital markets in eastern and southern Africa next week. Full text...

  • Kenya's liquidity increases on the domestic market
    18 june 2003 14:53:00
    Nairobi- Kenya (PANA) -- Liquidity in Kenya's domestic money market continued to increase in the week ending 13 June. Full text...

  • Zambia charges parallel market rate for Zimbabwean products
    16 january 2003 23:23:00
    Harare- Zimbabwe (PANA) -- Zambia has introduced a parallel market exchange rate on Zimbabwean products to cushion local industry from cheaper imports, a spokesperson for the Zambian High Commission in Harare said here Thursday. Full text...

  • Mkapa urges Africa to forge broad market coalition
    28 october 2001 10:33:00
    Dar es Salaam- Tanzania (PANA) -- Tanzanian President Benjamin Mkapa has enjoined African countries to forge a broad coalition in their bid for greater access to markets in rich industrialised countries. Full text...

  • Zambians want fight against corruption stepped up
    11 october 2001 13:55:00
    Lusaka- Zambia (PANA) -- The World Bank has launched its 2002 development report in Lusaka amid calls from ordinary citizens for more to be done to curb corruption and misuse of development funds. Full text...

  • Business community advised to produce for local market
    29 june 2001 21:07:00
    Windhoek- Namibia (PANA) -- Unless the Namibian business community abandoned its current practice of exporting raw materials and embarked on adding value to its products destined for international markets, the country would never make headway in this globalisation era, Trade and Industry Minister Hidipo Hamutenya warned Friday. Full text...

  • Individual states lack capacity for export trade to US, Europe
    30 may 2001 21:28:00
    Windhoek- Namibia (PANA) -- Lack of capacity hampered individual African states from catering for the US or European markets, a US trade expert said Wednesday. Full text...



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