African Markets Review 11 15 18
- TAQA MOROCCO: Publication of its Q3 2018 financial results, showing:
- An 8% rise in consolidated sales to MAD 6,427m;
- A 2% improvement in EBIT to MAD 1,995m;
- And, a 4% increase in NIGS to MAD 797m.
- A 43% increase in the Tunisian organic exports during the first ten months of 2018;
- VODACOM TANZANIA’s net profit has doubled in H1 2018 to reach TZS 38.2bn, i.e. increase of 102%, in spite of intensified pricing pressure in the market compared to the same period last year;
- For yesterday session, the Mauritian stock market recorded the highest daily performance (+0.68%), while the Tanzanian stock exchange recorded the lowest one (-1.24%).
BMCE Capital Global Research is a subsidiary of BMCE Capital Group dedicated to Research and Financial Analysis. It is addressed to professional investors (financial institutions, management companies, etc.) to which it provides information and independent analysis aligned with international standards. BMCE Capital Research covers equities, interest rate, Forex and commodities markets in Morocco, Tunisia and WAEMU region (Bourse Régionale des Valeurs Mobilières, BRVM). Thanks to its latest generation technology platform, to its teams and to those of its partners, the Research Office of BMCE Capital is now able to cover simultaneously several places in Africa and to produce several publications co-branded under its umbrella brand African Securities Network, ASN.
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