Thursday, May 6, 2010
Punters: On your way to Jo'burg....
The collaboration between S.A and Angola on infrastructure partnership for African development forum is a reason enough for punters (wine producers) leading to emerging markets africa.
Sorry, the Ibo people,things have not fallen apart as he would say. The punters, you have something smile about on your way to Jo'burg.
Monday, September 14, 2009
The real world versus virtual world.
I hope this does not end up producing snobbish and "fake" guys in town. However, nobody can "stop" technology because it's here with us and to stay..
Monday, August 17, 2009
Good signs from emerging markets-Africa
Good signs from emerging markets-Africa
Emerging markets (read
Most realistic propositions then and now were Nigeria the frontier regions biggest economy and Kenya, due to the presence in both of functioning secondary debts markets, albeit much less liquidity than Jo’burg-South Africa.
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| $750 million 10 yr Eurobond, launched in 2007 with a coupon of 8.5%, was yielding about 9.3% last week. |
| $1 billion ,10 yr Eurobond, launched in December 2007 with a coupon of 8.2% is yielding 8.37% |
| Has not issued international bonds. Domestic 10 yr government paper was yielding 9.9% in the secondary market last week. |
| Has secondary market but activity is sporadic at best, with days or even weeks elapsing between trades. |
| Lacks a secondary market, but is having to issue debt to finance infrastructure development. |