In The News
Zambia
The Zambian government has announced plans to part-privatise Zambia's incumbent operator, Zamtel, within the next few months. An evaluation of the company's assets and liabilities...
2008-12-10Kenya
Kenya's Co-operative Bank is to press on with its initial public offering (IPO) despite the slump in the Nairobi bourse (NSE). The bank, the country's fifth-largest, plans to go public...
2008-10-29Tanzania
The good news is that the initial public offering of Tanzania's National Microfinance Bank (NMB) is underway after several years of delay. The not so good news is that the sale is...
2008-08-19South Africa
Lesego Platinum, a South African platinum exploration company, has postponed its planned initial public offering on the Johannesburg Stock Exchange. The shares were scheduled to start...
2008-07-31Morocco
Attijariwafa Bank has agreed to pay US$93mn for a 51% stake in Banque Internationale pour le Mali (BIM). The sale of BIM is Mali's largest privatisation deal to date and attracted...
2008-07-30South Africa
South African food, healthcare and pharmaceutical company Tiger Brands has announced that its healthcare interest, Adcock Ingram, will be separately listed in the Johannesburg Stock...
2008-07-23Iran
Iran's Minister of Energy has announced that they are in the final stages of privatising 10 power plants. By March 2009, the Ministry aims to have handed over 80 plants over to the...
2008-07-22Egypt
The sale of a 67% stake of Egypt's third-largest bank was cancelled on June 25. Banque du Caire Chairman Mohamed Barakat said 'the bids we received were below the valuation of the...
2008-06-26Israel
Israel Corporation, the holding company which owns 98.4% of Zim Integrated Shipping Services, announced on June 16 that it has postponed its planned IPO on the Hong Kong or Tel Aviv...
2008-06-18Israel
Israel's largest bank, Bank Hapoalim, said on Thursday it will be issuing almost US$2.7bn in a variety of subordinated debt over the next few years. The bank, which has been harder...
2008-05-29




