|Bid||10.14 x 100000|
|Ask||10.55 x 100000|
|Day's Range||9.91 - 9.91|
|52 Week Range||9.22 - 12.57|
|Beta (3Y Monthly)||1.17|
|PE Ratio (TTM)||8.16|
|Forward Dividend & Yield||0.68 (6.16%)|
|1y Target Est||N/A|
Standard Bank shareholders on Thursday voted down a resolution that would have required the South African lender to report climate risk in its activities, although they passed another forcing it to disclose its coal financing policies. It was the first time a South African company had tabled a resolution on climate-related issues, according to shareholder group Just Share, which supported the motion. Just Share executive director, Tracey Davies, said the motion had received far more support than expected.
Zambian Finance Minister Margaret Mwanakatwe is no longer having sleepless nights over an International Monetary Fund loan the southern African nation has been trying unsuccessfully to secure for the past two years. What does Mwanakatwe want from the visit?
After coming out all guns blazing, Nigeria’s central bank surrendered some ground in its tussle with MTN Group Ltd., pledging that a dispute over the repatriation of $8.1 billion in dividends from the country will soon be resolved. Examiners from the central bank are reviewing documents provided by Johannesburg-based MTN and four banks accused of moving money out of the continent’s biggest oil producer without the regulator’s final authorization, Governor Godwin Emefiele told reporters on Tuesday in the capital, Abuja. “Everyone will be happy” from MTN and the lenders to the Central Bank of Nigeria and the government, he added.