Seven Paying Six: High-Yield South African Stocks

Photo by Andrew Cook

Let’s face it. For all the talk of “being greedy when others are fearful” and “buying when there’s blood in the streets” nobody delights in seeing their portfolio value swing southward.

That’s why I love stocks that pay a steady, consistent dividend, and this week I came across some generous South African firms whose shares currently yield more than 6%.

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Bargain Hunting on the Zimbabwe Stock Exchange

Photo by Martin Addison

The Zimbabwe Stock Exchange trounced all other African markets during the month of May. Could this be a signal that Zimbabwean stock values are ready to surge? To help answer this question, I asked a few Zimbabwe market experts to provide some insight on the exchange and to give me their take on nine of its most prominent shares.

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IMF Remains Upbeat on African Growth

Photo by World Bank

While the rest of the world has had to deal with contraction, Sub-Saharan economic growth has continued largely unabated. World output, forecasted by the International Monetary Fund in its recently published “World Economic Outlook”, is projected to fall from 3.9% to 3.5% for 2012, but Sub-Saharan Africa is expected to grow from 5.1% to 5.4%, exceeded only by China, India, and other emerging Asian economies.

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Beer Battle: Which Nigerian Brewery Stock Is the Best Buy?

Photo by Chiolachic

Guinness Nigeria and Nigerian Breweries (NB) both released quarterly earnings in the past several weeks.

As the largest brewers in Africa’s most populous country, they command substantial attention from global investors.

Let’s take a close look at their most recent income statements.

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Does Investing In African Stocks Help The Poor?

Photo by Dietmar Temps

I met a returned Peace Corps volunteer a few years ago. He’d served as a school teacher in Kenya in the late 1960’s, and, like me, he’d felt an affinity for the continent ever since.

As we chatted, I told him about my interest in investing in African stock markets. He was intrigued by the idea but made clear that it wasn’t his cup of tea. “Something about profiting off of Africa doesn’t feel right to me,” he said.

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Stock Showdown: Ranking Africa’s Best Hotel Shares

Photo by BA_Banks

In 1995, 18.9 million international tourists visited Africa. In 2010, nearly 49.4 million did. They were lured by the continent’s natural and cultural wonders and emboldened by an increasingly stable political environment. Now, rapidly improving infrastructure is making it easier than ever to visit the continent. The United Nations estimates […]

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Cash Out On UEPS?

Photo by Cian Ginty

Johannesburg-based Net 1 UEPS Technologies (UEPS.US and NT1.SJ) reported its third quarter 2012 earnings earlier this month.

Let’s get acquainted with the stock and see whether it represents a compelling opportunity for Africa investors.

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Stock Showdown: Ranking Kenya’s Best Banks

Photo by DEMOSH

So far, we’ve scoped out bank stocks in Nigeria and Ghana, analyzing their profitability, growth, risk, and value to separate the bargains from the bunk.

Now it’s time to turn to Kenya, East Africa’s largest economy. Ten banks call the Nairobi Securities Exchange home. All of them possess different strengths and weaknesses.

Let’s put them through our ranking exercise to help determine which ones merit a more detailed analysis.

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Stock Showdown: Africa’s Best Cement Stocks Mix It Up

Photo by Lafarge Zambia

The World Bank estimates that Africa needs to spend $93 billion per year on infrastructure in order to sustain economic growth. Currently, it invests less than half that amount.

The continent needs power plants, roads, bridges, and housing. And all of these require cement.

That’s right. Cement companies may be the best way for investors to leverage an African infrastructure boom.

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Who’s Investing In Africa Now? Marriott, Kraft, Cummins, and More

Photo by World Bank

It’s not necessary to open an African brokerage account to add a bit of the continent to your portfolio. Kraft, Marriott, SPX, American Tower, and Cummins are all making big bets on Africa and conveniently trade on the New York Stock Exchange.

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