As the world continues to face challenges in dealing with the Coronavirus (COVID-19) pandemic, we are taking steps to provide some safety measures to our clients and staff.
Given the wide-ranging impact of the pandemic and in line with advice from government and the World Health Organisation (WHO), limiting unnecessary human contact is an invaluable precaution. We therefore strongly encourage you to use our suite of digital tools and trading platforms for your financial needs. Digital platforms provide an efficient, fast, safe and nearly instantaneous solution to many, if not all your investing requirements, away from public spaces.
KEEPING EVERYONE SAFE
The safety of our employees and clients is something that we care deeply about. While the extent of COVID-19 is still unknown, our plans have the necessary flexibility to evolve as the situation requires.
As a result, Sharenet will unfortunately not be accommodating client meetings at a branch level, for the forceable future. As soon as the situation changes, we will advise you, our valuable clients accordingly.
The widespread concern around COVID-19 creates the perfect opportunity for cybercriminals to defraud customers. To ensure protection against targeted ransomware and Malware attacks, remember to install the latest version of a Multi-layered Antivirus program and never share your account details online or via email.
Sharenet remains fully operational and should you experience any technical difficulty, rest assured that our superior support staff is ready to assist with any technical queries and can be reached on:
11h00 In a district of Lagos,
Nigeria's megacity, a group of teenagers wade through a mass of
plastic bottles, food containers and bags that have blocked a
waterway. Wearing gloves and masks, they pick. . .
20/04 When Kenyan farmer Waki
Munyalo's crop of lentils shrank by three quarters last year
because of unusually low rainfall, disaster was averted thanks
to a simple remedy that was previously unavailable to most
African farmers. . .
19/04 Rainfall was mixed last week
across Ivory Coast's cocoa-growing regions, bolstering hopes for
a strong April-to-September mid-crop in some areas while others
are in need of stronger rains, farmers said on Monday.. . .
16/04 Nigeria has sweetened the terms
of a sweeping oil reform bill in a bid to attract much-needed
investment to its oil industry, four people closely involved
with the legislation said and a letter from. . .
16/04 Zambia needs to improve tax
collection as its fiscal deficit remains high, the finance
ministry said on Friday, with officials expected to conclude the
latest round talks with the International Monetary Fund for an
aid. . .
15/04 Algerian state oil company
Sonatrach said on Thursday it had terminated a 2004 contract
with Petroceltic PLC, which was later bought by Sunny Hill
Energy, for exploration and production in the Ain Tsila gas
field.. . .
14/04 Commodity trader Olam
said on Wednesday that new European Union legislation aimed at
preventing the import of commodities linked to deforestation and
human rights abuses might force it to stop using some of its
cocoa. . .
13/04 Zimbabwe's state-controlled
iron and steel company ZISCO has invited new investors to help
revive operations at the company that has been the target of
interest from Indian and Chinese investors in the past, a
company. . .
11/04 Vote counting began in Benin
on Sunday in a presidential poll that was boycotted by some
opposition parties over violence triggered by objections to
President Patrice Talon's quest for a second five-year mandate.. . .
11/04 Uganda, Tanzania and oil firms
Total and CNOOC on Sunday signed agreements
that will kickstart the construction of a $3.5 billion crude
pipeline to help ship crude from fields in western Uganda to
international markets.. . .
02/04 Guinea-Bissau has set the
farmgate price for cashews at 360 CFA francs ($0.65) per kg for
the April-to-September commercial campaign, a 28% decrease from
the price last season, the government said Friday.. . .
31/03 Sub-Saharan Africa is expected
to post economic growth of 2.3%-3.4% this year, the World Bank
said in a new report on Wednesday, bouncing back from a
pandemic-induced 2.0% contraction last year.. . .
30/03 The International Monetary
Fund's executive board has approved a $312.4 million extended
credit facility arrangement for Madagascar to help it cushion
the effects of the COVID-19 pandemic and climate-related shocks,
the fund said.. . .
29/03 Kenya's central bank held its
benchmark lending rate at 7.0% on Monday, the
seventh 'hold' decision in a row, saying that a package of
measures unveiled since last year had protected the economy from
substantial. . .
29/03 Kenya's Equity Group Holdings
said on Monday that full-year 2020 pretax profit fell 30% to
22.17 billion shillings ($202 million), as its loan loss
provisions rose due to effects of the COVID-19 pandemic.. . .
26/03 The International Monetary
Fund and the World Bank said on Friday in a joint statement they
consider Sudan eligible for assistance under the enhanced
heavily indebted poor countries (HIPC) initiative based on a
preliminary assessment.. . .
26/03 Zambia, Africa's first
pandemic-era sovereign default, will resume virtual talks with
the International Monetary Fund next week as it seeks to
stabilise its debt-burdened economy, its finance ministry said
in a statement on Friday.. . .
25/03 The West African monetary union
(UEMOA) will see combined growth of 5.8% in 2021 as member
countries recover from the economic fallout of the coronavirus
pandemic, UEMOA President Alassane Ouattara said on Thursday.. . .
23/03 Uganda's only power
distributor Umeme Limited said on Tuesday its 2020's
pretax profit plunged 69% as electricity sales plummeted due to
anti-coronavirus measures including a nationwide lockdown.. . .
22/03 Nigeria is optimistic about
funding its 2021 budget due to rising oil prices, but is engaged
in a "tussle" with organised labour over how it can end fuel
subsidies without harming the poor, Finance. . .
22/03 Ghana's central bank held its
prime interest rate at 14.5% on Monday and said headline
inflation rose in February to slightly above the bank's upper
band of the medium-term target, driven mainly by non-food
prices.. . .
18/03 Tanzania's leadership faced calls for a
smooth succession on Thursday after President John Magufuli,
Africa's most vehement coronavirus sceptic, died following an
18-day absence from public life that drew speculation about his
health.. . .
17/03 Tanzania's President John
Magufuli, one of Africa's most prominent coronavirus sceptics,
has died aged 61, Vice President Samia Suluhu Hassan said on
Wednesday after a more than two-week absence from public life
that led to. . .
17/03 Kenya's KCB Group,
the country's top lender by assets, on Wednesday reported a 30%
drop in pretax profit last year, while net profit fell 22%, hurt
by increased provisions for loan losses and the. . .
12/03 Nigeria has not increased
gasoline pump prices, its fuel regulator said on Friday, after
sparking confusion at fuel stations and a public backlash by
apparently flagging a big rise was on the cards.. . .
11/03 Sudan's annual inflation
jumped to 330.78% in February from 304.33% in January, hitting
the highest level in decades, as food and drink prices continue
to rise, the Central Bureau of Statistics said on Thursday.. . .
10/03 The Nigerian stock exchange said
on Wednesday it has won regulatory approval paving way for a
public listing of its shares.
The exchange, the second biggest in sub-Saharan Africa and
one of the main entry. . .
10/03 Kenya will not seek to
overhaul its debt under a G20 initiative because it fears that
would curtail its ability to raise funds from global capital
markets, a senior Treasury official said on Wednesday.. . .
10/03 The global platinum market will
be roughly balanced this year after a record undersupply of
almost a million ounces in 2020, but more deficits loom as
demand picks up, the World Platinum Investment Council. . .
04/03 A gold rush drawing thousands to a
village in Congo's South Kivu province has driven authorities to
ban mining there until more oversight is established, the
provincial mines minister said on Thursday.. . .
04/03 Mozambique's economy likely
registered its first contraction in nearly three decades last
year due to the COVID-19 pandemic, further compromising years of
"hard-won" development gains, the World Bank said on Thursday.. . .
03/03 Kenya's Equity Group Holdings
said on Wednesday it had launched a lending facility
worth 75 billion shillings ($685 million) to help small and
medium-sized enterprises (SMEs) recover from the economic impact
of the COVID-19 pandemic.. . .
03/03 The European Union should keep
borrowing limits for governments suspended in 2022, as it has
this year and last, to help the 27-nation bloc's economies
return to pre-pandemic levels, the European Commission said on
Wednesday.. . .
01/03 Rainfall was poor last week in
most of Ivory Coast's cocoa regions, but good soil moisture
content from previous rains left farmers optimistic for the
upcoming mid-crop harvest.. . .
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