January 10, 2020/United Capital Yesterday, the total market capitalization of the Nigerian Stock Exchange (NSE) shoot up from N13.8tn to N15.2tn. This was on the back of the listing of 33.9billion units ordinary shares of BUA Cement Plc (BUACEMENT) at N35/share. This added N1.3tn to the overall market capitalization. Accordingly, […]

January 10, 2020/Fitch Ratings The currency reforms in the West African Economic and Monetary Union (WAEMU) announced by Cote d’Ivoire’s President, Alassane Ouattara, on 21 December 2019 are mainly symbolic, as the peg to the euro will be maintained and the currency will continue to benefit from a convertibility guarantee, […]

January 10, 2020 By Lerisha Naidur and  Sphesihle Nxumalo In November 2019, Kenya introduced The Competition Rules, 2019 (Rules) to govern the Competition Authority of Kenya’s (CAK) functions under the Competition Act No 12 of 2010. Some of the key changes in relation to merger control are set out below. […]