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Southern Africa: SADC Economic Outlook Generally Bright Despite Challenges
August 21, 2017--The economic situation in southern Africa is generally stable with most countries experiencing improved growth
SADC Executive Secretary, Dr Stergomena Lawrence Tax told the 37th Ordinary Summit of SADC Heads of State and Government in Pretoria, South Africa which opened on 19 August that the overall "macroeconomic situation and economic performance in the SADC region has remained positive, registering an upward trend in economic performance< albeit at a decreasing trend."
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Source: AllAfrica.com
JSE closes in the red as global markets remain under pressure
August 18, 2017--The JSE has closed in the red yet again as it followed the trend in other major global bourses.
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Source: FIN24
Local equities close weaker amid rand confusion
August 17, 2017--The local bourse has failed to gain any significant upside momentum after opening slightly firmer, as the volatile currency impacted rand sensitive stocks.
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Source: FIN24
Rand rally puts damper on JSE
August 17, 2017--A strong recovery by the rand dampened share prices on the JSE in morning trade, with most indices only marginally higher in line with stronger global markets
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Source: FIN24
Naspers bouys JSE after impressive Tencent results
August 16, 2017--The local bourse was buoyed by Naspers which jumped on the back of an impressive set of results from its Hang Seng listed associate, Tencent Holdings.
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Source: FIN24
Strong rand, low commodity prices weigh on JSE
August 15, 2017--Commodity shares have pulled the JSE lower as they were hit by the deadly combination of lower commodity prices and a stronger rand.
August 15, 2017--Ghana is the eighteenth-most attractive economy for investments flowing into the African continent, according to the latest Africa Investment Index (AII) compiled by Quantum Global's independent research arm, Quantum Global Research Lab.
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Source: AllAfrica.com
Naspers lifts JSE higher as Tencent shares gain
August 14, 2017--Naspers has pulled the JSE higher after a strong recovery in Asian stocks saw the share price of Tencent, Naspers' Chinese subsidiary, gaining almost 5%.
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Source: FIN24
Naspers drags down JSE amid Tencent tumble
August 11, 2017--The JSE has extended losses in late trade as it joined world markets amid a global tech stock meltdown, with Chinese internet behemoth Tencent leading the slump.
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Source: FIN24
Nigeria: Non-Oil Exports-How Nigerians in Diaspora Can Help Rebuild Economy
August 10, 2017--The government aims to replace oil as the major national exchange earner by growing non-oil exports to $30 billion in the next 10 years and eventually attain 20 percent of non-oil exports to GDP or approximately $100 billion annually based on its Zero Oil Plan.
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Source: AllAfrica.com
