- Candriam 2025 Outlook: Is China Really Better Prepared for Trump 2.0?
- Bank of England pauses rates – and the market expects it to last
- Emerging Market Debt outlook 2025: Alaa Bushehri, BNP Paribas Asset Management
- BOUTIQUE MANAGERS WORLDWIDE SEE PROLIFERATION OF RISKS, OPPORTUNITIES IN 2025
- Market report: Storm of disappointing developments keep investors cautious
Nampak Surges as Can-Maker Extracts More Cash From Nigeria
JOHANNESBURG (Capital Markets in Africa) – Nampak Limited rallied the most on record after Africa’s biggest beverage-can maker said it significantly improved its ability to get cash out of Nigeria while increasing the use of hedging contracts to protect against currency fluctuations. The Johannesburg-based company expects to get $54 million out of Nigeria by the end of September, Chief Financial Officer Glenn Fullerton said by phone. The combined rate at which Nampak extracted money out of Nigeria and Angola…
Read More