Updates

Presco Q4 2016 and Q1 2017 Results Review – Upgrading to Outperform

Culled—Proshare May 22, 2017/FBNQuest Research Earnings and price target revised upwards Presco reported better-than-expected Q4 2016 and Q1 2017 results, with double-digit sales growth in Q4 and triple-digit sales growth in Q1. The company is still benefitting from favourable government policy as well as its over 50% increase to prices […]

Going Cashless in Cameroon Made Easy with Launch of the UBA Debit Mastercard

May 22, 2017/Mediacraft United Bank for Africa (UBA) today announced the rollout of the Debit MasterCard card in Cameroon in support of financially empowering all citizens. Focused on displacing cash, the electronic payment solution will deliver a quick, convenient and secure payment alternative for all citizens – instantly. In line […]

Weekly Market Review in Charts=InvestmentOne

May 22, 2017/InvestmentOne Research Please click to download our Weekly Market Review in charts. Macro Indicators Inflation as at April 2017 17.24% MPR 14.00% Overnight rate 26.08% GDP growth as at Q4 2016 -1.30% External reserves as at 17/05/2017 $30.72bn Brent crude price $53.55/b