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Moody's, Fitch cautiously upbeat about recent moves in SA
February 20, 2018--Rating agencies Moody's and Fitch are somewhat optimistic about some new developments in South Africa, following the resignation of Jacob Zuma and subsequent actions related to corruption, in mining and the Treasury.
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Source: FIN24
Local equities weaker as euphoria fades
February 19, 2018--The JSE closed weaker on Monday as the blue chip counters weighed down on the local bourse.
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Source: FIN24
Short sellers caught out by SA's power transfer
February 19, 2018--The transfer of power in South Africa has pulled the rug from under the feet of some short traders. At stake: more than $5bn.
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Source: FIN24
Rand still enjoying Ramaphosa rally
February 19, 2018--The rand is still enjoying the 'Ramaphosa rally', but may encounter some near-term weakness ahead of the Budget Speech, according to market analysts.
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Source: FIN24
Nigeria: Investors' Stake N27.9 Billion in Equities in Five Trading Days
February 19, 2018--Heavy transactions in the shares of financial stocks last week, buoyed the volume of shares traded, as a total turnover of 2.940 billion shares worth N27.924 billion were recorded in 28,570 deals by investors on the floor of the Exchange in contrast to a total of 4.426 billion units valued at N24.236 billion that was exchanged in 29,573 deals during the preceding week.
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Source: AllAfrica.com
JSE eases as investors take profit
February 16, 2018--The JSE eased as investors took profit after the biggest one-day rally in three years, with the All-Share consolidated ending down 0.69%.
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Source: FIN24
Rand flirts with R11.50/$ as markets await possible Cabinet reshuffle
February 16, 2018--Rand gains on the election of a new South African president have run their course, say analysts, as markets await a possible Cabinet reshuffle this weekend.
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Source: FIN24
JSE edges up slightly in cautious trade
February 16, 2018--The JSE responded positively on Thursday to the election of Cyril Ramaphosa as the country's new president.
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Source: FIN24
Rand could reach R11.50/$ on #Zumexit, Ramaphosa presidency-analyst
February 15, 2018--The rand has held steady at R11.66 to the dollar, following Cyril Ramaphosa's election as president of the country.
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Source: FIN24
Rand rallies to under R11.70/$ as Zuma says 'I resign'
February 15, 2018--The rand rallied to R11.70/$, levels last seen in more than two and half years after President Jacob Zuma finally bowed to pressure and resigned as the leader of the country.
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Source: FIN24
