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5 key Saudi developments you need to know today
October 2, 2017--News media has been flooded in the recent past by a series of developments from the Kingdom of Saudi Arabia, as the country embarks on a path of rigorous transformation in line with its ambitious Vision 2030, and diversification away from oil.
Saudi has implemented many initiatives and rolled out a series of royal decrees aimed at opening up the Kingdom to foreign investments, making it a more attractive destination for businesses and visitors, and moving it away from its erstwhile image of a conservative society.
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Source: AMEInfo.com
JSE edges up as dollar takes a breather
September 29, 2017--The rampant dollar has taken a breather and dual-listed shares on the JSE responded strongly, with the Industrial index almost 1% higher in morning trade.
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Source: FIN24
JSE in doldrums as rand loses ground against the greenback
September 28, 2017--The JSE has suffered modest losses but the rand is now trading at a four-and-a-half month low against the dollar, as emerging markets globally are under pressure.
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Source: FIN24
Nigerian Equities Market Rebounds, Index Rises 0.44 Percent
September 28, 2017--The Nigerian equities market wednesday recorded its first gain in the week following bargain hunting and appreciation posted by Dangote Cement Plc. The market declined in the first two trading days of the week, falling by 1.15 per cent on Tuesday.
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Source: AllAfrica.com
JSE makes modest gains as rand drops on US rhetoric
September 27, 2017--The JSE has made modest gains as rising expectations of a US rate rise lifted the dollar and sent the rand spiralling downwards, supporting dual-listed shares.
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Source: FIN24
Poor start to the week for the JSE
September 26, 2017--The local bourse has faced significant pressure local equities played catch-up to the global equity rout experienced when the JSE was closed.
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Source: FIN24
Africa: Rwanda Again in Top 10 Investment Nations
September 25, 2017--Rwanda has re-entered the Top 10 list after having just missed it the past two years, according to Rand Merchant Bank's latest 'Where to Invest in Africa report for 2018', released on Sept.18.
The theme for 'Where to Invest in Africa 2018' is "Money Talks" and this edition "follows the money" on the African continent to evaluate aspects crucial to each country's economic performance.
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Source: AllAfrica.com
Zimbabwe: Has Zimbabwe's Ailing Economy Hit Rock Bottom?
September 25, 2017--Zimbabwe's economic crisis is at its worst in years after panicking citizens horded commodities and left supermarket shelves empty in recent days. Alarmed buyers bought goods in bulk after unspecified reports of impending goods shortages in a country ravaged over the years by drought and cash shortages.
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Source: AllAfrica.com
Firm rand on rate cut hold drags down JSE
September 22, 2017--The rand has strengthened after the South African Reserve Bank decided to keep the interest rate unchanged, yet again pushing share prices on the JSE down.
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Source: FIN24
JSE fails to inspire after tech glitch delayed start
September 21, 2017--The JSE has struggled to get ahead following a delayed start to the trading day due to technical issues at the exchange.
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Source: FIN24
