Tag: Johannesburg Stock Exchange

Erin Energy Announces Agreement with Zenith Bank on Terms of Loan Facility

Tuesday, April 05, 2016/Cardinal Stone Research Culled——Proshare Event Yesterday, Erin Energy Corporation (NYSE MKT: ERN), an independent oil and gas exploration and production company focused on energy resources in sub-Saharan Africa listed on the New York and Johannesburg Stock Exchanges, announced it had obtained a waiver  to the funding requirements […]

South Africa, Tunisia Outshines Nigeria’s Capital Market Performance

February 2, 2016/ The Will South Africa’s Johannesburg Stock Exchange (JSE) led African exchanges in Initial Public Offerings (IPO) transactions and capital raised in the past five years, amounting to $2.7 billion. This was revealed by PricewaterhouseCoopers (PwC) in its 2015 Africa Capital Markets Watch report released on Monday, which […]

Nedbank Mulls Ecobank Governance Issues Before Deciding on Stake

Nedbank Group Ltd. (NED), the South African lender controlled by Old Mutual Plc (OML), said it would consider governance issues before deciding whether to exercise an option to buy a stake in Ecobank Transnational Inc. (ETI) Nedbank has until the end of November to convert the $285 million loan it […]