African Markets

South Africa's JSE reached record levels while Nigeria's VAT collections jumped 34% to N6.4 trillion in nine months, though escalating Middle East geopolitical risks threaten to inject volatility into African markets through oil price pressures.

Nigeria's stock market reached an all-time high of N122 trillion in early February trading, while technical indicators suggest caution. Separately, DStv's SuperSport division confronts operational changes under Canal+ ownership.