Culled—Proshare 16/11/2016/Vetiva Research Weak earnings, debt restructuring weigh on WAPCO WAPCO has declined 50% ytd, much steeper than the Industrial Goods sector (-24%) and the broader market (NSE ASI: -9%). The sell pressure started after the release of H1’16 earnings with a negative PAT exacerbated by N28 billion FX loss. […]
Updates
AfDB approves US $17-million Food Assistance for Malawi
16/11/2016/AfDB The African Development Bank (AfDB) Group Board of Directors has approved a US $17 million (about MK 12.2 billion) Food Crisis Response Budget Support Programme grant for Malawi. The Programme will support Malawi Government’s Emergency Response Plan to mitigate the current food crisis through the purchase of maize for […]
Africa Day at COP22: Adesina calls for the fulfillment of the pledges made in Paris
16/11/2016/AfDB African leaders on Wednesday called for speedy action for the implementation of the commitments made at the COP21 in Paris, and urged the fulfillment of the pledges fulfillment of the G7 to provide the financial resources to provide electricity to the millions of Africans. “This is clearly becoming a […]
