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Nation Media Group in Uganda

Should Kenya’s Nation Media Group Be in Your Portfolio?

Nairobi-based Nation Media Group (NMG) is where much of East Africa gets its news. Its stable of newspapers includes Kenya’s Daily Nation, Uganda’s Daily Monitor, and Tanzania’s The Citizen. The company also owns a growing collection of television, radio, and online assets, including one of my personal faves – Business Daily Africa. So, is it a worthy … [Read More]

Featured Story

Featured Story

Featured Story

Dangote Cement

Here's Why Dangote Cement Is a Buy

When Africa's richest man, Aliko Dangote, announced a 40% price cut on bags of Dangote Cement last week, Nigerian consumers rejoiced. The stock market's reaction, on the other hand, was decidedly less enthusiastic. Shares of the company have plunged nearly … [Read More]

Announcing the Stock Scout™ Newsletter

I'm launching a new African stock advisory service on November 19, and I'd love for you to be a part of it. It's not easy to construct a profitable African stock portfolio. Independent research is scanty. Fundamental data is tough to track down. And it's … [Read More]

GSK Nigeria's most popular product

What to Make of GSK Nigeria's Big Profit Drop

This week GSK Nigeria (GLAXOSMI) announced that its profits through the first nine months of 2014 dropped 23% compared to the same time period last year. The news came as a bitter pill to investors. The stock has fallen nearly 16% over the past thirty days … [Read More]