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Kenya Stock Bulls Still Rare as Investors Resist Low Valuations

(Bloomberg) Kenyan stocks are finding it hard to shake off their unwanted status as the world’s worst performers this year.Most Read from BloombergRockstar Plans to Announce Much Anticipated ‘Grand Theft Auto VI’US 30-Year Mortgage Rate Tumbles by Most in More Than a YearAdam Neumann Remains a Billionaire Even With WeWork BankruptcyVIX Notches Its Longest Slide Since October 2015: Markets WrapVirginia Democrats Fend Off Republican Sweep in Win for Abortion RightsNairobi’s all-share index has

Issues repatriating money from Nigeria?

Seemingly you can get 50% of earnings in naira out at the official rate, but it s probably closer to a third at the parallel rate.

Spar update: Is Shoprite eating everybody s lunch?

Analysis of the food retail sector at the back of Spar’s trading update and a look at how Nigeria’s currency crisis impacts South Africans doing business in that country.

The peculiar case of Zimbabwe as an investment destination

Zimbabwe continues to be a market I struggle to understand. The macro-economic reading I had done, and the recent stock market performance, painted a really desperate picture. The commentary from company management was also very mixed. So, on arriving in the country recently, I was surprised by just how vibrant the capital, Harare, was. There…

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