Service sector equities

Included in here are FMCG quoted businesses, tourism, telecommunication, retail, business which are all driven by economic performance of the countries. These are still at an infancy in most African market as we are still a supplier 's market. However increased global competition is generally increasing focus on service industry in general. The few high performing and profitable businesses in this sector are tightly held in private hands. Some interesting equities to keep an eye on here are brewery companies, oil marketing companies and sugar firms. Some of companies in this segments are BP, Zambia sugar, Trunstar holdings, Sechaba brewery and hotel group Sameer.