Samuel Kantai
Business Editor at CGTN Africa
Journalist, Business Editor at CGTN Africa, tweet whenever I can...
Articles
-
Mar 8, 2024 |
africa.cgtn.com | Samuel Kantai
Read 2 minutesInternational investors purchased more than 800 million U.S. dollars in Egyptian government Treasury bills on Thursday, a day after the country devalued its local currency and increased its main lending rate by 600 basis points to 27.25 percent. The Egyptian pound dropped from a level of 30 pounds per dollar to 49.50. Traders said the surprise move by the Central Bank of Egypt on Wednesday injected much-needed investor confidence.
-
Nov 8, 2023 |
africa.cgtn.com | Samuel Kantai
Read < 1 minuteAirtel Uganda’s share price so far remains unchanged from Monday’s Initial Public Offer price of 100 Uganda shillings (15.13 U.S. dollars). Investors maintained a cautious approach to the stock whose offer was undersubscribed at 54.5 percent of the 8 billion shares floated on the market. Seemingly, even the offer of 10 shares for every 100 shares applied for by retail investors buying more than 2,500 shares during the IPO, failed to attract full subscription.
Try JournoFinder For Free
Search and contact over 1M+ journalist profiles, browse 100M+ articles, and unlock powerful PR tools.
Start Your 7-Day Free Trial →X (formerly Twitter)
- Followers
- 50K
- Tweets
- 3K
- DMs Open
- No
Nigeria’s central bank now orders all banks to integrate the Pan-African Payment and Settlement System... https://t.co/2mI5bK5mDf In Kenya, KCB is integrated
RT @cgtnamerica: BELLS RING OUT FROM ST PETER'S BASILICA CONFIRMING A NEW POPE ELECTED
Keeping an eye on the Alliance of Sahel States: Burkina Faso, Mali, and Niger. Now, their have their own development bank. https://t.co/XmjqecGhq6