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African Island Nations Banking News is an EIN News Service for banking industry professionals. Constantly updated news and information about African Island Nations Banking.
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  • African Markets - Factors to watch on Nov 16 16 Nov 2009 06:10 GMT
    ... Nov 16 (Reuters) - The following company announcements, scheduled ... the dollar at 0530 GMT on Monday. MAURITIUS MARKETS Mauritius stocks ended barely changed on ... 0.4 percent higher at 1,710.88 points. Mauritius Commercial Bank (MCB) said on Friday its first-quarter ...

  • Mauritius becomes latest nation to buy gold 17 Nov 2009 10:31 GMT
    ... Mauritius becomes latest nation to buy gold Published: ... the fresh appetite for gold among central banks fearful about a long-term decline in the value of ... IMF said in a statement that Mauritius’ central bank bought gold at market prevailing prices on ...

  • Annual Report Finds Sub-Saharan Africa Especially Hard Hit by Corruption 17 Nov 2009 14:50 GMT
    ... Forum and the Asian and African Development Banks. This year's list includes 180 nations. Patrick Berg ... really improve their governance structures like Botswana, Mauritius and Cape Verde have improved their standing. Transparency International Director ...

  • African Markets - Factors to watch on Nov 24 24 Nov 2009 06:10 GMT
    ... investor caution, which set in after disappointing banks' earnings. NIGERIA BUDGET Parliament is expected to formally ... and management of the bourse. KENYA MPC Central Bank of Kenya's Monetary Policy Committee (MPC) meets. ... lending rate to banks at 7.75 percent. MAURITIUS STOCKS Mauritius' benchmark SEMDEX index fell 0.07 ...

  • Mauritius buys two tonnes of IMF gold 17 Nov 2009 10:32 GMT
    ... (IMF) gold, it is the turn of Mauritius. The African nation bought two tonnes of ... the Bank of Mauritius, which is the central bank of Mauritius, was conducted on the basis ... holdings to the tenth largest among central banks. It also fuelled speculation that other governments, including Beijing, may ...

  • African Markets - Factors to watch on Nov 17 17 Nov 2009 06:30 GMT
    ... Nov 17 (Reuters) - The following company announcements, scheduled economic ... Federal Reserve Chairman Ben Bernanke said the central bank was likely to keep rates at very ... 0545 GMT, up slightly from Monday's close. MAURITIUS MARKETS Mauritius' benchmark SEMDEX index closed down ...

  • African Markets - Factors to watch on Nov 18 18 Nov 2009 06:50 GMT
    ... Nov 18 (Reuters) - The following company announcements, scheduled economic ... government bonds pared early gains after the central bank held rates steady. AFRICAN MARKETS For all ... in the west African nation, analysts said. MAURITIUS BUDGET Mauritius will unveil its 2010 budget ...

  • African Markets - Factors to watch on Nov 19 19 Nov 2009 06:50 GMT
    ... Nov 19 (Reuters) - The following company announcements, scheduled economic ... 0600 GMT, little changed from Wednesday's close. MAURITIUS MARKETS Mauritius' benchmark SEMDEX index slipped for ... of the 2010 budget, go to ZIMBABWE CENTRAL BANK Zimbabwe's parliament on Wednesday unanimously approved a ...

  • Press Release: Statement by the IMF Staff Mission at the Conclusion of a Visit to the Union of the Comoros  17 Nov 2009 00:56 GMT
    ... Statement by the IMF Staff Mission at the Conclusion of ... a Visit to the Union of the Comoros Press Release No. 09/412 November 16, 2009 ... Abdou Mohamed Chanfiou, Deputy Governor of the Central Bank; as well as representatives of the private ...

  • Mauritius buys two metric tons of gold from IMF 17 Nov 2009 06:31 GMT
    ... Lalit K Jha Washington, Nov 17 (PTI) The African nation of Mauritius has bought two metric tons of gold ... the Bank of Mauritius, which is the central bank of Mauritius, was conducted on the basis ...

  • Mauritius buys 2 metric tons of gold 17 Nov 2009 07:15 GMT
    ... The African nation of Mauritius has bought two metric tons of gold ... the Bank of Mauritius, which is the central bank of Mauritius, was conducted on the basis ...

  • HIGHLIGHTS-Mauritius 2010 budget measures, forecasts 18 Nov 2009 16:13 GMT
    ... 18 (Reuters) - Following are highlights of Mauritius' 2010 budget, as unveiled to parliament on ... Nyambura-Mwaura and David Clarke) (For more Reuters Africa coverage and to have your say on ... prior written consent of Thomson Reuters. Central banks Macroeconomic stories, OECD reports Indicators ...

  • Christmas comes early to 'Madagascar' 17 Nov 2009 05:51 GMT
    ... ... Eviction notices arrive on "Dancing with the Stars" (9 p.m., ABC, TV-PG). Tyra Banks appears on "The Jay Leno Show" (10 p.m., NBC, TV-14) ... Andy Garcia, Alexis Bellino, Tamra ...

  • USA - Credit guarantees from USDA 21 Nov 2009 01:11 GMT
    ... by guaranteeing payments due from approved foreign banks to exporters or financial institutions in the United ... Angola, Benin, Botswana, Burkina Faso, Burundi, Cameroon, Cape Verde, Central African Republic, Chad, Comoros, Cote d’Ivoire, Republic of the Congo, Democratic ...

  • Record-High Gold is "Cheap" Says SocGen, as "Minskian Gold Mania" Begins Stage Two 18 Nov 2009 15:14 GMT
    ... cutting the rate of interest paid on commercial bank reserves – echoing the sub-zero rates now ... Back in the professional gold market, "Central banks to the rescue as dehedging draws to ... "Importantly, although dehedging is now declining, net central bank gold sales have fallen even faster. In ...

  • Is Record High Gold Cheap? 18 Nov 2009 18:58 GMT
    ... cutting the rate of interest paid on commercial bank reserves – echoing the now paid by ... Back in the professional gold market, "Central banks to the rescue as dehedging draws to ... "Importantly, although dehedging is now declining, net central bank gold sales have fallen even faster. In ...

  • Gold: Still Cheap Despite New Record High 18 Nov 2009 23:51 GMT
    ... a long way off." Market historian, merchant banker and professional doomster Martin Hutchinson concurs in ... ounce, "The opportunity for the world's central banks to change policy and affect the economic outcome has ... "Importantly, although dehedging is now declining, net central bank gold sales have fallen even faster. In ...

  • Shiv Sainiks ransack TV channel office in Mumbai 20 Nov 2009 12:12 GMT
    ... Hyderabad, Nov 20 (IANS) In his first attempt ... Nov 20 (IANS) A late rally by banking and energy stocks Friday helped a benchmark ... to the small African island nation of Cape Verde, which has asked for assistance especially in ...

  • Gammon Infra bags contract worth Rs.850 crore 20 Nov 2009 12:12 GMT
    ... Hyderabad, Nov 20 (IANS) In his first attempt ... Nov 20 (IANS) A late rally by banking and energy stocks Friday helped a benchmark ... to the small African island nation of Cape Verde, which has asked for assistance especially in ...

  • Meet a true lover 20 Nov 2009 12:12 GMT
    ... Hyderabad, Nov 20 (IANS) In his first attempt ... Nov 20 (IANS) A late rally by banking and energy stocks Friday helped a benchmark ... to the small African island nation of Cape Verde, which has asked for assistance especially in ...

  • Chinese boy, 16, eats 92 dumplings in 15 mins! 20 Nov 2009 12:12 GMT
    ... Hyderabad, Nov 20 (IANS) In his first attempt ... Nov 20 (IANS) A late rally by banking and energy stocks Friday helped a benchmark ... to the small African island nation of Cape Verde, which has asked for assistance especially in ...

  • Shankaranand, who headed Bofors probe panel, dead 20 Nov 2009 12:12 GMT
    ... Hyderabad, Nov 20 (IANS) In his first attempt ... Nov 20 (IANS) A late rally by banking and energy stocks Friday helped a benchmark ... to the small African island nation of Cape Verde, which has asked for assistance especially in ...

  • AirAsia plans to spread in India, hub in Bangkok 20 Nov 2009 12:12 GMT
    ... Hyderabad, Nov 20 (IANS) In his first attempt ... Nov 20 (IANS) A late rally by banking and energy stocks Friday helped a benchmark ... to the small African island nation of Cape Verde, which has asked for assistance especially in ...

  • India vs Sri Lanka, first Test 20 Nov 2009 12:12 GMT
    ... Hyderabad, Nov 20 (IANS) In his first attempt ... Nov 20 (IANS) A late rally by banking and energy stocks Friday helped a benchmark ... to the small African island nation of Cape Verde, which has asked for assistance especially in ...

  • Gold Hits Fresh Record Higher in USD, Euro and GBP 24 Nov 2009 20:16 GMT
    ... wake of the [recent] announcements from central banks – India, Russia, and Mauritius – the market is catching onto a ... most investors have positioned themselves long." Russia's central bank said today that it grew its gold ...


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