Whenever a main stream media broadcasts events with pictures of Africans, and street views in any African country, it is not unusual to see advertisements of global brands, and some
Africa has embraced the modern technology and the usage of internet and mobile communication devices is an integral part of life on the continent. The result of the activities on these devices
Several recent behavioral models predict commonality in the misvaluation of firms. In the style investing approach of Barberis and Shleifer (2003), commonality in misvaluation arises when irrational investor enthusiasm for stock characteristics shifts, inducing positive comovement among stocks with similar characteristics and negative comovement in stocks with dissimilar characteristics.
Post-modernists reject the idea that art can provide meaning. If life is meaningless, they say, fine – let’s not pretend that art can do better. Let’s just accept that it’s nonsense, like everything else, and get on with it. This new Post-Modernist philosophy thus triggered a whole new set of priorities, which were greatly facilitated by the coincident arrival of new technologies, like television, video, and
Over the past few decades, the world stock markets have surged, and emerging markets haveaccounted for a large amount of this boom. In Africa, new stock markets have beenestablished in Ghana, Malawi, Swaziland, Uganda, and Zambia. Prior to 1989 there were justfive stock markets in sub-Saharan Africa and three in North Africa.