Always wanted to Master Trading & Investing at Theย Nairobi Securities Exchange PLCย but Fear Losing Cash? We have a solution for you.
Theย Nairobi Securities Exchange PLCย shall be launching the ๐๐๐ ๐๐จ๐ค๐จ๐ฉ๐ฅ๐๐ฒ, a platform that will help you learn in a risk freeway. The platform is currently free for all to sign up & begin their investment journey. The ๐๐จ๐ค๐จ๐ฉ๐ฅ๐๐ฒ will allow you to create contests between your teams for you to compete as you learn. It also allows you a market watch & an update of market news that are a very key valuable during investing.
In a significant move to bolster economic ties and enhance financial market collaboration, the JSE has signed a MoU with theย Saudi Tadawul Group.
The agreement is designed to serve as a catalyst for growth, innovation and technological advancement in both markets, supported by a shared vision for future prosperity.
We joinedย Ethiopian Capital Market Authorityย in Hawassa for the Capital Market Regional Roadshow. The day was a success, starting with a Public Lecture atย Hawassa University. In the afternoon, senior advisors from ECMA & ESX met with officials from the Hawassa City Administration and the Sidama Regional Government to discuss the opportunities that capital markets will bring, including the concept of using Municipal Bonds to fund key infrastructure projects and stimulate economic growth.
Day two continued with further discussion on capital markets and the role of the exchange with the business community of Hawassa. We would like to extend our sincere thanks to everyone that made the roadshow a success. More to come from the exchange in engaging with different stakeholders!
Tune in to today's hashtag
Mr. Thapelo Tsheole - MComm, MBA, the incoming CEO of the Capital Market Authority | Rwanda joining CNBC Africa for an insightful discussion.
Tune it live at 16:45 CAT on hashtag
#DSTV410 or join the livestream on X platform.
Botswana Stock Exchange Limited Godfrey Mutizwa Fifi Peters Tania Habimana Dipuo Hendrica Nkoana
The Ethiopian Investment Commission, with the Ministry of Trade and Regional Integration, convened a press conference to explain the policy rationale and content of the Ethiopian Investment Board's (EIB) Directive to Regulate Foreign Investorsโ Participation in Restricted Export, Import, Wholesale, and Retail Trade.
H.E. Ms.ย Hanna Arayaselassie, Commissioner of EIC, and H.E.ย Endalew Mekonen, State Minister of MoTRI, provided comprehensive insights into the directive's specifics and addressed inquiries posedย byย journalists.ย #TimeToInvestInEthiopiaย #Ethiopia
We are delighted to announce that Brian Frimpong, Managing Partner at Zebu Investment Partners, will be speaking at AFSIC - Investing in Africa, 9-10th October 2023. Company Overview: Zebu Investment Partners (ZIP) is a private equity fund manager that focuses on creating transformational opportunities for companies along the food value chain to improve and enhance African food production, while bringing investors long-term, above-market returns. Zebu's impact funds focuses on deploying growth equity capital into companies that emphasizes green and climate friendly methods to deliver solutions to the African consumers.
Register NOW to attend AFSIC โ Africaโs Investment Event, 9-10th October 2023. London
#afsicย #afsic2023ย #investinginafricaย #africaninvestmentย #africafinance
Scenes fromย Letshego Ghanaย Savings and Loans' GHC 500m bond listing ceremony atย Ghana Stock Exchange(Cedi house) earlier today. As joint arrangers, we're proud to be part of this success story.
Our Head of Investment Banking,ย Kobby Bentsi-Enchill, emphasized the vital role of trust in finance, citing Letshego's oversubscription as proof. "This success underscores trust in Letshego as a bond issuer and the importance of domestic capital markets," he said. The proceeds will boost working capital and expansion, solidifying Letshego Ghana's position.
At Stanbic Bank, we're committed to supporting businesses in scaling and accessing development funding.
This picture shows exactly how our monetary system works.
In 1929, the average US house price was around $6k.
10 kg of Gold was worth $7k - hence it was enough to buy you the average house in the US.
In 2024, the average US house price is around $500k.
10kg of Gold are worth more than $700k - still more than enough to buy you the average US house.
So, while house prices measured in USD exploded over the last decades it's safe to say they ended up unchanged when measured in Gold.
Or, in other words: Gold did a good job in preserving your inflation-adjusted purchasing power.
But why?
Because our monetary system allows us to freely print new fiat money through the process of credit creation.
And the housing market relies on one of the biggest credit creation machines in the world: mortgages.
You see, especially over the last 50 years most developed economies have applied the same model: lower and lower (real) interest rates, more and more leverage - either through government or private sector debt.
This has allowed the economy and asset markets to keep flourishing despite ageing demographics and declining productivity.
Being able to take out a mortgage at lower and lower interest rates encourages the process of credit creation: the same amount of salary ''allows'' you to take on a bigger mortgage, and so you can bid house prices higher and higher.
Simply speaking: more credit at lower rates pushes house prices (in USD terms) higher over time.
But as new credit generates new fiat currency, this also means the amount of fiat money in the system explodes higher.
And that's it.
That's why when you measure house prices against a competing form of money (gold) whose supply can't be expanded you get a flatline.
A fully elastic fiat system is great - if used properly, it allows policymakers to support economies during downturns through the process of money creation.
But if handled improperly, it can also lead to explosive moves in asset prices and/or to inflationary pressures!
P.S. I am launching my Macro Fund!
#Ghanaย andย #Beninย have officially announced plans to implement free roaming between the two countries, effective July 1, 2024.
This landmark agreement, facilitated byย National Communications Authorityย and Beninโs Electronic Communications and Postal Regulatory Authority (ARCEP), aims to enhance connectivity and economic integration in the region.
This means lower costs for calls, texts, and data while travelling within Ghana and Benin. This move is a significant step towards enhancing theย #AfCFTAย Digital Trade Protocol and theย #ECOWASย Free Roaming Initiative, fostering seamless cross-border communication and boosting business, tourism, and social connections.
Weโve been analysing trends in Agtech across Africa through our intelligence platform AgBase backed by theย Bill & Melinda Gates Foundationย Foreign, Commonwealth and Development Office. AgBase aims to improve the quality and relevance of data and intelligence to stakeholders in the sectors looking to boost funding and support agtech and foodtech startups in underserved markets.
Check out 5 emerging insights that weโve gathered from the first quarter of 2024 in this infographic. You can also subscribe to our AgBase newsletter for the latest funding data and insights into the active innovators and funders within Africaโs agtech ecosystem
