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BUSINESS

Nigeria: Nigerian Stock Exchange Lists N4.6bn Tower Aluminium Bond

By Goddy Egene, This Day Live The Nigerian Stock Exchange (NSE) last week listed N4.6 billion bonds floated by Tower Funding Plc on its daily Official list. The bonds, series one tranche A and series one tranche B, were raised...

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Willis: $3.5 Billion Losses in Mining Market Prompt 30 Percent Insurance Capacity Reduction

From Businesswire In 2011, the mining insurance market was not only hit by $2.7 billion in natural catastrophe losses, but over 60 operational losses totaling $835 million. The $3.5 billion total estimate...

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Policy change helps JSE to entice foreign listed mining companies

From 4-Traders A recent policy change by South Africa’s National Treasury makes it easier for South African investors to trade in foreign domiciled companies and the Johannesburg Stock Exchange now...

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Tangiers Petroleum starts trading on AIM

By Andre Lamberti, Proactive Investors Tangiers Petroleum (ASX:TPT) has started trading on London’s Alternative Investment Market under the ticker code TPET (LON:TPET), complementing its Australian listing. Together...

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· Afrinvest lauds Nigerian Stock Exchange over reforms

· Standard Bank Group remains Africa’s most valuable banking brand

· Umeme set for dual listing after cross-border IPO

· NEPI buys majority stake in Timisoara City Business Center developer

· European funding boost for Kenyan small businesses

· Zambia: LuSE expresses interest in agri-commodity exchange

TAX

South Africa: Strong opposition to proposed business tax

Kenya: VAT slows down growth of multinationals in Africa

Africa to sign up to treaty on tax information exchange

South Africa Boosts Tax Return Numbers

Transfer pricing transgression erodes Africa’s tax revenue

Who will pay the price of carbon tax?

FINANCIAL REPORTING

Nigeria: IFRS – KPMG Tasks Audit Committees

By Goddy Egene, This Day Live As Nigerian companies prepare to fully adopt the International Financial Reporting Standard (IFRS) as from the end of this year, KPMG Professional Services, Nigeria, has tasked...

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