Buying inen a lot of the stock market over the period , and this is great news for egypt because you could already see the reaction of the government quite quickly to the policies they have taken. The market has reacted quite positively and it has been great for the country. Where does the road over here from egypt . Unlock someosed to of the liquidity that has been missing in the system. A kind of growth are you expecting . That thist thing is is just one of many steps, so you could even see it when they took the decision. I am sure that you know how difficult this is from associate political point of view to undertake such difficult decisions. We hope to see a continuation of those reforms going forward. Aboutare a lot of talks selling stakes publicly and publicly held companies. The government is very serious about going forward. You mention some of the public companies. What kind of ipos might we be looking at . Given the confidential nature , i cant really talk about specific comp
And we are just going to bring you to the europe sentiment data. The number was previously at 103. 2. Its coming at 104 for november. The expectation index has come in at sorry, im just going to get that one. Its come in at 99. 7 against a previous index of 111. 0. We are going to bring in the chief economist here to show us this is a pretty big surprise. This is a very important data point for two reasons. First of all, the economic weakness in europe over the last six, seven months has been largely germany. Positive germans are the turnaround we need. And the german weakness itself was focused on business investment. Investment is driven by expectations. And now that we have our sixth month of decline, it does show that business can start to go up begin at the end of this year and in the First Quarter next year. So these data suggest the worst could be over. Of course, its just one month. We have to wait for confirmation, but it is a very positive sign. Does this also indicate that i
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Download logoRand Merchant Bank’s (RMB) (www.RMB.co.za) International Debt Capital Markets (DCM) team assisted Bank of Industry (BOI), Nigeria’s largest,