Oil held near $120 a barrel on Tuesday as world consumers grappled with supply disruptions ranging from Iran to Sudan to the North Sea.  Oil also rose briefly after Europe’s much-awaited bailout of Greece. But while the deal resolves Athens’ immediate financing needs, it is unlikely to revive its shattered […]

In the banking space, whilst investors await the results of all banks for year-end 2011, Bismark Rewane looks at the implications of the UBA profit warning on the share price and stock market and the future of the competitive repositioning of this Pan-African bank. UBA – A light at the […]

Brent crude rose on Monday, briefly hitting an eight-month high above $121 a barrel, as Iran halted exports to British and French companies ahead of a European Union embargo.  Policy easing by China and hopes for a Greek bailout also buoyed prices.  Brent crude was trading 84 cents higher at […]